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I'm originally from Dublin but now live in Edinburgh <a href=" http://www.sharonlevy.com/artpages/24-hour-college-papers.html ">essay writing about internet on</a> Social Security benefits are reduced for workers who sign up at age 62, and the amount of the reduction has recently increased from 20 percent for people born in 1937 or earlier to 25 percent for baby boomers born between 1943 and 1954. "If you claim earlier you are getting more of a penalty now than you used to," says Richard Johnson, a senior fellow and director of the program on retirement policy at the Urban Institute, a nonpartisan research firm. The reduction in benefits for people claiming at age 62 will further increase to 30 percent for everyone born in 1960 or later under current law.
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