Incentivizing Delayed Social Security Claiming with Lump Sum Payments and Reduced Annuities (Effects for Early, Normal and Late Claimers

Source: “Optimal Social Security Claiming Behavior under Lump Sum Incentives: Theory and Evidence, “ Raimond Maurer, Olivia S. Mitchell, Ralph Rogalla, and Tatjana Schimetschek, 2017DC-02-08-2017