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3 Social Security Decisions That Could Haunt You for Years

3 Social Security Decisions That Could Haunt You for Years

You'll probably rely somewhat heavily on Social Security to pay your bills as a senior -- especially if you don't manage to amass a substantial nest egg. You're eligible to receive your full monthly Social Security benefit based on your personal earnings history once you reach full retirement age (FRA), which kicks in at either 66, 67, or somewhere in between, depending on the year you were born. Say you decide to claim Social Security at 62 with an FRA of 67.