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In June 2022, U.S. inflation peaked at 8.9 percent – a dramatically high level after nearly three decades of relatively stable prices.  Because inflation has been so low for so long, the risks of inflation have been generally overlooked and recent history does not offer much practical insight on its impact.  But a shock of…

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The 2024 Trustees Report slightly lowered the projected 75-year deficit to 3.50 percent of taxable payroll, compared to 3.61 percent in 2023. The improvement is attributable primarily to an upward revision in the rate of productivity growth over the projection period and a further reduction…

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A new study finds that Social Security is more valuable to Black retirees than to Whites – despite the fact...

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The 2024 Social Security Trustees Report showed a 75-year deficit of 3.50 percent of taxable payrolls compared to a surplus...

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This study examines how transition-aged youth with disabilities receiving Supplemental Security Income (SSI) may have been affected by the Workforce Innovation and Opportunity Act (WIOA) and access to pre-employment transition services (pre-ETS). …

A common refrain among retirement researchers is that longer careers are the best way to ensure an adequate retirement.  This refrain is often directed at the workers themselves – “you need to work longer!”  And that message seems to have been getting through.  Since the 1990s, the labor force participation rates of older individuals hav…

The headlines from the 2023 Medicare Trustees Re­port were that the Hospital Insurance (HI) program faces a long-term deficit and will deplete its trust fund reserves in 2031 and that the rest of the Medicare program will require increasing amounts of general revenues. While true, the outlook for program costs is considerably more favorable than…

CRR IN THE NEWS

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For about 15 years, Paula Span has dedicated much of her journalism career to covering one subject: aging, and the challenges that come with it.

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Retirees took more money out of their savings to keep up with rising prices, raising the risk of depleting their nest eggs.