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)
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Joint Returns Valid Despite Wife's Forged Signature- September 5, 2018
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10 Major areas of tax reform via our infographic- August 31, 2018
- Hiring your child in your business:
It pays to keep it all in the family- August 10, 2018