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Will They Take the Money and Work? An Empirical Analysis of People’s Willingness to Delay Claiming Social Security Benefits for a Lump Sum 

Maurer, Raimond; Mitchell, Olivia S.; Rogalla, Ralph; Schimetschek, Tatjana (2014-01-01)
This paper investigates whether exchanging the Social Security delayed retirement credit, currently paid as an increase in lifetime annuity benefits, for a lump sum would induce later claiming and additional work. We show ...
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ALP 

Unknown author
The ALP is a nationally representative, probability-based panel of over 6000 members ages 18 and older who are regularly interviewed over the internet for research purposes. All data are available for free to researchers. ...
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SSA 

Unknown author
Since 2009, we have identifying high value data of particular interest to the public. Social Security has a long history of collecting data to carry out our mission so there is a treasure trove of information available for ...
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AuthorMaurer, Raimond (1)Mitchell, Olivia S. (1)Rogalla, Ralph (1)... View MoreResearch AreaHousehold Finance (3)Macro Finance (1)... View MoreJEL Classification
D01 (3)
D04 (3)D12 (3)... View MoreTopicHousehold Finance (3)
Monetary Policy (3)
Saving and Borrowing (2)... View MoreKeywordannuity (3)delayed retirement (3)lifetime income (3)... View MoreDate Issued2014 (1)Has File(s)Yes (3)
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Leibniz Gemeinschaft
About  Data Protection