Archive: Sara Ellen King
The brief’s key findings are: Even with Medicare coverage and ignoring long term care, retirees face sizable out-of-pocket costs for premiums, copays, and uncovered services. One way to gauge this burden is to look at how much these medical costs eat into their Social Security benefits and other income. After subtracting these costs, the typica…
The brief’s key findings are: When women become mothers, their earnings often take a substantial, and permanent, hit that becomes larger with each additional child. The question is, how do Social Security provisions address this motherhood penalty once women enter retirement? The results show that Social Security offsets a substantial portion of the motherhood penalty,…