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Selena Marajan
Selena Maranjian has been writing for the Fool since 1996 and covers basic investing and personal finance topics. She also prepares the Fool's syndicated newspaper column and has written or co-written a number of Fool books. For more financial and non-financial fare (as well as silly things), follow her on Twitter...
You’ll receive bigger monthly checks if you wait longer to start collecting them, but that shouldn’t be the sole factor in your retirement-timing decision.
If you’re an American worker who qualifies for Social Security, your birth year will determine what the program considers your “full retirement age” (FRA) — the point at which you can apply for retirement benefits and start collecting monthly checks at the full level you’ve earned based on your lifetime of payroll tax contributions.
