Tag: benefit enhancements
This paper compares Social Security outcomes for non-Hispanic Black, Hispanic, and non-Hispanic white beneficiaries and assesses the capacity of various benefit enhancements to narrow racial and ethnic disparities in Social Security benefits. Using the Dynamic Simulation of Income Model 4 (DYNASIM4), we project, under current law and each benefit enhancement, lifetime Social Security benefits…
It also avoids the potential pitfalls of making benefit improvements temporary. Representative Al Lawson (D-FL) recently proposed a piece of Social Security legislation, which has been scored by SSA’s Office of the Chief Actuary. The Lawson proposal is the second major Social Security bill in a month, following Representative John Larson’s (D-CT) Social Security 2100:…
