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Rethinking Social Security Claiming in a 401(k) World
Pension Research Council Aug. 24, 2007 Excerpt: This chapter argues that previous research on Social Security take-up alternatives has failed to recognize critical factors that greatly impact the discussion on when it is most beneficial to start Social Security retirement benefits. We show that the effect of taxes can have a dramatic effect on the financial security of retirees, yet the taxation caused by IRA withdrawals and the interaction with Social Security has been largely misunderstood. [WP2007-18] |
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