Is A Hike In Social Security Retirement Age Really Just A Benefit Cut?

  • Forbes | by: Elizabeth Bauer |
  • 10/05/2018
You've heard this before, with respect to the prospect of raising the Full Retirement Age in Social Security:

"Raising the retirement age amounts to an across-the-board cut in benefits, regardless of whether a worker files for Social Security before, upon, or after reaching the full retirement age."  Paul N. Van de Water and Kathy Ruffing, Center on Budget and Policy Priorities.

"[R]aising the full retirement age is nothing more than a benefit cut on future retirees."   Sean Williams, The Motley Fool.

"Raising the full retirement age may sound innocuous. But it is nothing more than a benefit cut, and one that puts low-paid workers at risk."  Alicia H. Munnell, director of the Center for Retirement Research at Boston College, writing at MarketWatch.

And these are just the top three search-engine results.

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