![]() ![]() In a 2020 report, the group said many people are hurting their long-term financial security by claiming Social Security too early. Groups like the Bipartisan Policy Center have pushed for reforms for years and were cited in Monday’s letter. Monday’s announcement comes after years of discussion on the issue. Bill Cassidy (R-LA), Chris Coons (D-DE), Susan Collins (R-ME), and Tim Kaine (D-VA) in the note. “We believe that SSA should take more proactive measures to provide Americans with the tools and resources to determine how best to set themselves and their families up for financial security in retirement,” wrote Sens. A bipartisan group of senators launched a multi-pronged effort this week to help Americans make better decisions about when to claim their Social Security benefits.Ī letter and legislation released Monday said that Americans are confused about their options and that the Social Security Administration (SSA) needs to do a better job at communication - including bringing back paper statements. ![]()
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