The Claiming Age Clarity Act changes Social Security terminology to clarify age-related benefits.
The Claiming Age Clarity Act mandates the Social Security Administration to update its terminology. It replaces "early eligibility age" with "minimum monthly benefit age," and "full retirement age" and "normal retirement age" with "standard monthly benefit age." The term "delayed retirement credit" and references to age 70 as the maximum age for credits will be replaced with "maximum monthly benefit age." These changes aim to clarify the age-related aspects of Social Security benefits.
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