The financial feasibility of delaying Social Security: evidence from administrative tax data
@article{Goda2017TheFF, title={The financial feasibility of delaying Social Security: evidence from administrative tax data}, author={Gopi Shah Goda and Shanthi P. Ramnath and John B. Shoven and Sita Nataraj Slavov}, journal={Journal of Pension Economics and Finance}, year={2017}, volume={17}, pages={419 - 436} }
Abstract Despite the large and growing returns to deferring Social Security benefits, most individuals claim Social Security before the full retirement age. In this paper, we use a panel of administrative tax data on individuals likely to financially benefit from delaying Social Security claiming to explore the relationship between Social Security claiming and distributions from tax-advantaged retirement savings accounts. We find that the majority of our sample claim Social Security prior to…
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