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Social Security claiming ages may soon get new names

Original: Social Security claiming ages may soon get new names. What retirees need to know

The names for Social Security claiming ages may soon change, and retirees are being told what that could mean for their benefits decisions. CNBC reports that terminology around when retirees claim benefits — such as early or full retirement age — could be rebranded, prompting questions about how timing affects monthly payments.

Why now: Retirees are closely watching potential changes to Social Security rules and terminology that could affect their claiming decisions.

Social Security AdministrationCNBC

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