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A costly mistake for many women
The Center for Retirement Research (CRR) at Boston College has found that women are more likely than men to start their Social Security benefits ahead of their full retirement age (FRA), now 66-67 depending on birth year. Christy Bieber reports in this piece that while there is sometimes a good reason for this, it often means far too many women are forced to struggle with very meager checks due to the up to 30% benefit cut that occurs when claiming at age 62. Full article here.
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