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Opinion: The proposed Social Security 2100 Act misses an important issue
The reintroduced (from 2017) Social Security 2100 Act has garnered much attention recently, especially since a hearing on retirement security revealed a remarkable bipartisan pledge for lawmakers to work together to reform Social Security. But, in the opinion of this article’s author, while the 2100 Act is certainly a good starting point for reform, it is lacking in one important area - fixing the propensity of recipients to claim their benefits early, especially those who claim as soon as they are eligible at age 62 (which is, by the way, the most popular age to claim). In this Forbes article, contributor Jamie Hopkins, Director of Retirement Research at Carson Wealth, suggests ways the Government might encourage people to delay claiming their Social Security benefits. Click here to read more.
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