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The Economic Times
The Economic Times
National
Piyush Shukla

Social Security claiming age names could change: Will your benefits change? What new labels for ages 62, 67 and 70 really mean

The numbers people use to claim Social Security are staying where they are. The words around those numbers could change. The Senate passed the Claiming Age Clarity Act on Sept. 29 without amendment and by unanimous consent. The bill now goes to President Donald Trump for his consideration. If it becomes law, the Social Security Administration will have to replace several terms it currently uses when explaining when workers can claim retirement benefits.

The bill does not raise or lower the claiming ages. It changes the labels used to describe what happens to a worker’s monthly benefit at those ages.

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