Social Security Early Claims Surge: 580,887 Filed in March 2025 Amid Benefit Cut Fears

Americans are rushing to claim Social Security benefits at 62 – the earliest possible age – in record numbers. This surge comes despite the substantial financial penalty for not waiting until full retirement age or beyond. Recent data shows pending Social Security claims reached 580,887 in March 2025, jumping 16% from last year. By mid-May, this number had grown further to nearly 614,158, with approximately 140,000 of them waiting more than 60 days for processing. “People are really starting to worry about how long Social Security is gonna exist in the capacity that it does today,” explains April Reed, an … Continue reading Social Security Early Claims Surge: 580,887 Filed in March 2025 Amid Benefit Cut Fears