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A woman at the age of 60 learns that her full retirement age (FRA) is 66 years, 8 months and that she can receive different
A woman at the age of 60 learns that her full retirement age (FRA) is 66 years, 8 months and that she can receive different income amounts from Social Security at the following ages:
Retirement Age | Monthly Amount |
62 | $ 910 |
66, 8 months | $ 1300 |
70 | $ 1930 |
She is healthy and decides to start receiving Social Security at her FRA. How much income will she earn over the next ten years?
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