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Abstract This paper examines the association between Social Security Disability Insurance (DI) awards, disability, and technology access. It uses multiple data sources, regression analyses, and geospatial analysis to document the geographic variation in these relationships. Our initial hypothesis was that any relationship between DI awards, disability, and technology access (e.g., computers, the internet, and broadband)…

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Introduction  The question is how the COVID-19 pandemic affected the finances of the vulnerable households, as well as those with more resources.  On one hand, the shutdown of the economy resulted in salary cuts and job losses.  On the other hand, many households received substantial government relief – through stimulus payments and unemployment benefits –…

Enthusiasm seems to be growing to reopen – or at least to stop closing and freezing – defined benefit retirement plans.  The impetus comes from a more benign regulatory environment and the improved funded status of these plans, even before the recent rise in interest rates.  Reopening plans allows employers to use surplus assets…

This paper explores whether exposure to tight labor markets at working ages is linked to improved financial wellbeing at older ages especially for groups traditionally disadvantaged in the labor market, including people with low income, those without college degrees, and people of color.  We also examine what role the timing of exposure to tight labor…

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Homeowners nearing retirement have 40 percent of their wealth tied up in their homes. But to what extent do racial...

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IBM announced last November that it would no longer contribute a traditional company match and instead reopen the cash balance component of...

CRR IN THE NEWS

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Eight states have automatically enrolled hundreds of thousands of workers in retirement savings accounts, all but compelling them to deduct money from their paychecks to spend in their golden years.

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THE ATLANTIC

IBM’s new pension program may not change the game for workers. But it raises big questions about what companies owe their employees, and how existing retirement structures could better serve them.