Friday, April 2, 2021

Experts debate Social Security early-claiming penalty

Experts debate Social Security early-claiming penalty

Tax experts Robert Bloink and William Byrnes disagree on whether the penalty for early withdrawal of Social Security benefits remains a good thing. Bloink calls the policy "antiquated," saying it should be revisited, especially with forced early retirements increasing in the coronavirus pandemic, while Byrnes says the policy furthers the goal of encouraging people to work longer as life expectancies increase.

Full Story: ThinkAdvisor (free registration) (3/29) 


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