What is a PIA (primary insurance amount), FRA (full retirement age) or a DRC (delayed retirement credit)? Social Security acronyms and terms can be a little confusing. If there’s a technical term or acronym that you don’t know or understand as you prepare for retirement, you can easily find the meaning in Social Secuirity's online glossary. ...
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Social Security
The number of people claiming Social Security benefits jumped 17% to 1.8 million this year through May compared with the same period a year ago, according to the Social Security Administration. If you want to join the surge, SSA provides convenient ways to learn about and apply for benefits for yourself or a loved one. ...
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Some people who receive monthly Social Security benefits or Supplemental Security Income (SSI) payments may need help managing their money. A representative payee is someone who receives your monthly benefit payment on your behalf and must use the money to pay for your current needs. ...
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