Experimental Analysis of Delayed Social Security Claiming

Published: 2007
Project ID: UM07-01

Abstract

This project aims to design, field, and analyze the results of a survey instrument that will increase our understanding of Social Security claiming behavior and will provide information about how the perceived rewards from delayed claiming might be altered. Results from this study will help us to answer such questions as: Why are there such low rates of delayed Social Security benefit claiming? How can we encourage delayed claiming of Social Security benefits to protect against the risk of very low levels of consumption should one live to advanced age?