Dramatic increase in initial claims for Social Security benefits - Yahoo!Finance
Americans are rushing to apply for Social Security benefits this year, for some, earlier than planned. Why? Many Americans saw the changes around the Social Security Administration and the stock market volatility as a sign that they should apply for their benefits now instead of waiting. According to an official at the Social Security Administration, since January, there has been a “dramatic increase in initial applications for retired worker benefits.” Kerry Hannon reports for Yahoo Finance on the possible reasons for the dramatic increase in Americans claiming their Social Security benefits early. Read Ms. Hannon’s article here…
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