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While 15,000 people join the Social Security benefits pool each day, the majority of Americans have little knowledge about the retirement benefit, according to the 2024 Annual Retirement Study from Allianz Life Insurance Company of North America.
Even though employees can start taking Social Security benefits at age 62 and full retirement age is between ages 66 and 67, depending on birth year, more than half (53%) of Americans say they do not know much about Social Security or how it will fit into their retirement plan, according to the study.
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