No one’s talking about this new bipartisan Social Security rule that changes when US seniors claim. Do this now Krakenimages/ Shutterstock Vishesh Raisinghani Sun, June 21, 2026 at 3:25 AM PDT 6 min read Moneywise and Yahoo Finance LLC may earn commission or revenue through links in the content below. The most common age for claiming Social Security is also the earliest age of eligibility. That’s according to Boston College’s Center for Retirement Research (1), which found that 26% of men and 27% of women claimed benefits at age 62 in 2023. Simply put, roughly one in four of retirees are signing up for their benefits as soon as possible. Another 31-32% are signing up before the typical Full Retirement Age, effectively accepting a permanent benefit cut for the rest of their retirement. Top Picks Dave Ramsey warns nearly 50% of Americans are making 1 big Social Security mistake here’s how to fix it ASAP JP Morgan sees gold hitting $6,000/oz before 2027 and a Gold IRA lets you hold the physical metal while deferring the tax bill. Get your free guide from Priority Gold The ultra-rich use these 5 real estate strategies to build wealth while they sleep you can start with just $100 To save people from this self-imposed benefit reduction, lawmakers are working on a new bill that seems to be gaining support from both sides of the aisle. If you haven’t claimed your benefits yet, here’s how this change could impact you. Claiming Age Clarity Act In September, 2025, U.S. Representatives Lloyd Smucker (Republican) and Don Beyer (Democrat) jointly introduced the Claiming Age Clarity Act. (2) Not only is this new piece of legislation bipartisan, it’s also supported by industry experts. Both the AMAC Action, the advocacy affiliate of the Association of Mature American Citizens (AMAC), and the AARP endorsed the new law. Although the bill passed in the House, it is now awaiting Senate approval (3). As the name suggests, the new rule would push the Social Security Administration to update the language on its website and official documents to make it clearer to seniors that there are consequences to claiming early and a benefit to delaying the claim. Specifically, the SSA would need to update its label from Early Eligibility Age to Minimum Benefit Age to indicate that claiming early could result in up to 30% reduction in benefits. Similarly, Full Retirement Age would become Standard Benefit Age, and Delayed Retirement Age would be relabelled Maximum Benefit Age, to suggest that waiting until 70 could result in a 24% bump in monthly payments. Reps. Smucker and Beyer argue that this change in language should offer more clarity to seniors and help them make a more informed decision about their claiming age. Although the law hasn’t passed yet, there are signs that a subtle shift in language could help some people with their decision. Only 21% of U.S. adults correctly identified their Full Retirement Age, according to the Nationwide Retirement Institute’s 2025 Social Security Survey...
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