Reporting on a new Urban Institute study, U.S. News & World Report notes that the record high benefit claiming rates we saw over the past few years have slowed down. With jobs scarce, many individuals claimed Social Security benefits as soon as they became eligible.
However, that trend has now slowed – which makes sense not only because the employment picture has improved somewhat, but also because high claiming rates over the past several years reduced the number of people eligible to retire.
Read more about it here.
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