1 4 Months of our famous Long-Range Weather Forecasts for the U.S. and Canada. 2  4 Months of our popular calendars, including Best Days, Fishing, Gardening by the Moon and more!
(June 2010) In finance, a forward rate agreement (FRA) is a forward contract, an over-the-counter contract between parties that determines the rate of interest, or the currency exchange rate, to be paid or received on an obligation beginning at a future start date.
For example, someone born 1945 - 1956 would reach their full FRA for survivor's benefit at their age 66 (this is different than the 1943 - 1954 range for retirement benefits in the table above.) See Full Retirement Age for Survivors for additional info on how FRA differs for widows and widowers.