When must players claim benefits from the NFL Player Annuity Program?

Players must claim benefits from the NFL Player Annuity Program before reaching the age of 65 because eligibility for these annuity benefits is designed to support the financial needs of retired players as they transition from their playing careers to retirement. The program encourages players to take advantage of their benefits earlier in life rather than waiting until later stages, which can lead to financial strain.

By establishing 65 as the age limit, the program aligns with broader retirement age considerations in society, ensuring that players have the opportunity to secure their financial future during their semi-retirement years. This age limit encourages players to actively engage with their benefit options while they are still planning for their long-term financial wellness, promoting responsible financial management after their playing days are over.