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collage of blue Social Security cards (Photo: Shutterstock)

If the Securing a Strong Retirement Act of 2021, which passed the House Ways and Means Committee Wednesday, is eventually passed by Congress and enacted into law, the age at which required minimum distributions from retirement accounts begin will be raised gradually to 75 from 72.

But perhaps a better idea would be to raise the maximum age for claiming Social Security from 70 to 72, and to extend delayed retirement credits — which increase benefits by 8% for every year a retiree waits to claim — to that age.

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