The key word is when you retire. Your monthly check is loosely based on what you’ve paid into the system; but once this amount is determined, you receive different percentages of this base amount depending on your retirement age. The chart below explains how this works.
Retirement planning involves some complicated decisions. Clients should check with us before implementing a retirement plan.
He is also a founding Board Member and Finance Director of the Fayette Pregnancy Resource Center and serves on the Board of the National Equal Rights Institute.
Latest posts by David Conley (see all)
- Tax Reform in picture format:
Our infographic explains 10 key elements of tax reform- November 9, 2018
- What happens when the heirs lose the Will?:
Here's what one family was forced to do.- September 25, 2018
- IRS Amnesty Program ends September 28!:
Non-reported foreign bank accounts will cost you dearly- September 24, 2018