Some workers fear 'unrealistically severe' cuts to Social Security benefits. Why that is not a reason to claim early

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Why fears of cuts to Social Security benefits are not a reason to claim early

The way headlines were worded affected people differently, the research found. Age was also a big factor in how the news determined Social Security claiming plans. One thing that was unchanged: people's savings plans.

The results found that headlines that focused on the trust fund's woes led readers to adjust their plans to claim earlier. That ranged from half a year earlier, which was not considered statistically significant, to a full year earlier. However, that information on ongoing revenues might not be enough to stop people from claiming early, the researchers concluded.

Those who are anxious may be tempted to claim retirement benefits when they first become eligible at age 62.

 

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