You know you're entitled to a retirement benefit from Social Security, but there seem to be a lot of rules regarding when you can actually collect it. To understand some of those rules, let’s assume we’re talking about an individual at Full Retirement Age of 66 with a Primary Insurance Amount of $2,500 per month.
With concern about the Social Security trust fund's solvency and speculation rampant that the system is bankrupt (which it actually isn't), many people wonder whether potential future changes will be directed at their retirement benefits.
S.F. Ehrlich Associates |
We've all been there before, a perfectly pleasant and enjoyable evening at a cocktail party is progressing swimmingly. The kids are tucked in, the dishes are cleaned and put away, and the conversation is engaging. Enter wise guy, stage left. We all know who he is; the friend/relative/neighbor/co-worker who knows it all.