Tag: Social Security claiming

June,1,,2019,,Brazil.,In,This,Photo,Illustration,The,Social

Abstract This study examines Social Security claiming behavior, which has important implications for older Americans and for the system itself.  Retirees may begin collecting benefits as early as age 62, but early claimants receive lower monthly benefits for the rest of their lives.  Our data come from Survey of Income and Program Participation (SIPP) files…

social_security_5

Highlights of the 2011 Trustees Report: Social Security’s deficit is still about 2 percent of payroll. Deficit as a percent of GDP is less than 1 percent. Trust fund exhaustion moved up one year to 2036. Items of note: COLA is expected to be back after a two-year hiatus. Disability Insurance Trust Fund exhausts its…