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Diane Publishing Books
Social Security: Improvements to Claim Processes Could Help People Make Better Informed Decisions about Retirement Benefits
Charles Jeszeck (au)
Many eligible individuals claim Social Security retirement benefits at the earliest eligibility age, even though they would receive higher benefits if they waited until older ages. In order to make an informed decision about when to claim, people need to understand how various Social Security rules and other factors affect benefit amounts. This report examines (1) the extent to which people understand Social Security rules affecting their retirement benefits; and (2) what information the Social Security Administration (SSA) provides to individuals to enable them to make informed claiming decisions. Includes recommendations. Tables and figures. This is a print on demand report.
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