A Growing Older Population, Retired in Late-Middle Age, May Put

Multiple Choice

A growing older population, retired in late-middle age, may put a strain on Social Security and other pension plans. Which of the following is NOT one of Social Security's rules to remove incentives for early retirement?

A) Social Security will reduce benefits at age 62 from 80% to 70%.
B) Workers will get increased Social Security benefits for putting off retirement.
C) Social Security will raise the age for full benefits from age 62 to age 67 by the year 2027.
D) Seniors who retire early will find a 5% tax on their Social Security income until age 65.