Abstract
The article explains the range of factors to consider in determining when to begin receiving Social Security retirement benefits in the U.S. It is emphasized that an employee should consider the economic capability instead of claiming their rights out of fear that the Social Security system will soon run out of money. The system offers retirement benefits beginning the age of 62 at the election of the prospective beneficiary but retirement age is 67 depending upon the person's birth.
| Original language | English (US) |
|---|---|
| Pages (from-to) | 33-39 |
| Number of pages | 7 |
| Journal | Journal of Retirement Planning |
| Volume | 11 |
| Issue number | 4 |
| State | Published - Jul 1 2008 |
Keywords
- Retirement benefits
- Social security
- Employee fringe benefits
- Pensions
- Age & employment
- United States
- United States. Social Security Administration