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Help Participants Maximize Their Social Security Benefits

For Americans in their 60s, choosing when to claim Social Security can be a life-altering decision. Learn how sponsors, advisors, and consultants can communicate the benefits of delaying.

Green leaves behind a yellow lattice fence.

1/22/2024

8 min read


Topic

Retirement

Key takeaways

  • Retiring from one’s job should not be automatically linked with the decision of when to claim Social Security benefits.
  • Plan sponsors, advisors, and consultants should reframe age 62 as the “minimum benefit age” rather than the “early retirement age.”
  • Bridge strategies, which integrate other sources of funds in retirement, can help participants make better decisions about when to claim Social Security.
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