Social Security Terminology Overhaul for Clearer Benefit Claiming Ages.
This bill mandates the Social Security Administration (SSA) to update confusing terminology related to retirement benefits by January 1, 2025. The goal is to help citizens better understand the ages at which they can claim different levels of benefits. These changes affect only the language used in SSA materials, not the actual benefit amounts or eligibility rules.
Key points
The term “early eligibility age” will be replaced with “minimum monthly benefit age.”
“Full retirement age” and “normal retirement age” will be standardized to “standard monthly benefit age.”
References to age 70 (the maximum age for delayed credits) will be renamed “maximum monthly benefit age,” eliminating the confusing term “delayed retirement credit.”
Expired
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