"...Many individuals nearing retirement, according to a new report, remain uninformed about how Social Security works and when to claim benefits – failings that could jeopardize their own financial security and that of their dependents.
The report, from AARP, is the second in two years in which the Washington-based group has measured Americans’ familiarity with the Social Security program. The study – “The Impact of Claiming Age on Monthly Social Security Retirement Benefits: How Knowledgeable Are Future Beneficiaries?” – should be required reading for everyone age 50 and older who has yet to interact with the program..."
The report, from AARP, is the second in two years in which the Washington-based group has measured Americans’ familiarity with the Social Security program. The study – “The Impact of Claiming Age on Monthly Social Security Retirement Benefits: How Knowledgeable Are Future Beneficiaries?” – should be required reading for everyone age 50 and older who has yet to interact with the program..."