Tag: Social Security claiming
Abstract Delaying claiming past the early eligibility age of 62 has taken on increased importance. Individuals turning 62 with no job and limited income may be able to use temporary assistance programs such as Unemployment Insurance (UI), Medicaid, and the Supplemental Nutrition Assistance Program (SNAP) as sources of support prior to collecting Social Security benefits. …
The brief’s key findings are: To help workers better plan for retirement, the Social Security Administration provides a Statement with personalized benefit estimates. Surveys have explored how workers view the Statement, and research studies have examined its effectiveness. The results indicate that workers generally consider the Statement a valuable resource, and it improves their benefit…
