In Part 2, you will learn what your Social Security benefits are based on the detailed formula for how the SSA calculates them. A chart is included to help you determine your full retirement age (FRA) and you learn the significance FRA on your SS benefits. You will also learn how much your benefits are reduced if you start receiving them before FRA and how you can get as much as a 132% increase if you elect them after FRA. Spousal, divorced, and survivor benefits are also addressed in Part 2.