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)
- The biggest no-brainer for 2019 tax planning:
It's never too early to start saving 2019 taxes- January 16, 2019
- What a difference a name makes!:
Are you a dealer or investor? Here's how to tell the difference!- January 10, 2019
- Is it too late to accrue a bonus for last year?:
Not if done correctly- January 9, 2019