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Proposal on how the government can help you claim Social Security at the right age
More than half of the households headed by someone aged 65 or older rely on Social Security benefits for a majority of total income, while 19 percent depend on Social Security for at least 90 percent of income. People are living longer than ever before and rising health care costs often lead to unexpected expenses that can drain savings; Social Security provides not only income but also crucial protection against the risk of outliving one’s assets. In the attached publication from the Bipartisan Policy Center entitled: How to help Americans Claim Social Security at the Right Age, proposes opportunities and policy considerations that should be adopted to strengthen retirement security, reduce poverty among older Americans, and grow the economy. Click here…