WASHINGTON, May 1 -- Sen. Jon Husted issued the following press release:
Sen. Jon Husted (R-Ohio) joined Sens. Bill Cassidy (R-La.), Susan Collins (R-Maine), Tim Kaine (D-Va.) and Chris Coons' (D-Del.) Claiming Age Clarity Act. This bipartisan bill would modernize outdated language used by the Social Security Administration (SSA) to help people better understand the timing of their decisions to claim retirement benefits.
One of the key financial decisions facing Americans is when to claim Social Security retirement benefits. Social Security benefits are available to Americans who are as young as age 62, but those who choose to claim their benefits later receive higher monthly payments, with the maximum benefits available to those who clai...