Tag: family benefits
This is just one of several ways that states are encouraging saving. My colleagues Anek Belbase and Geoff Sanzenbacher have been very involved in efforts to set up state “auto-IRA” retirement programs for private sector workers not covered by an employer plan. To get a sense of the feasibility of these new state efforts, they…
Social Security provides not only benefits to workers who retire after a lifetime of work or become disabled but also spousal and survivor benefits. These “family” benefits were designed in the 1930s for a one-earner married couple. The spousal benefit guarantees the lower earning spouse – generally the wife – a benefit at the fu…
