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.
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