In a study conducted by Benefits Review in 2012 it was discovered that 50% of fully insured workers claim Social Security at age 62. Only 4% claim after their full retirement age, and less than 2% wait to age 70. The study found a relationship between deferred claiming and education, implying bad decisions may be a result of lack of understanding of the implications of their decisions.
Our mission is to be a resource and partner for CPAs and HR Departments when it comes to Social Security questions and education.
Dallas CPA Society