Richard Cordray in USA Today

On Social Security: Develop consumer tools to use with Social Security decisions

"To a consumer, when to start claiming Social Security payments is one of the key decisions they can make about their retirement," said Cordray, director of the CFPB. Because claiming your benefit is a "one-time choice," Cordray said, "it is imperative that consumers can properly weigh their options." "We want consumers to use our tool to know and understand what it means to claim at their full retirement age vs. several years before and several years after," Cordray said. Source: Jiayue Huang in USA Today on 2018 Ohio gubernatorial race Nov 18, 2015

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Page last updated: Sep 23, 2022