Tag: family benefits
![Toddler child wearing a hearing aid at home](https://crr.bc.edu/wp-content/uploads/2017/02/Toddler-child-wearing-a-hearing-aid-at-home-1536x1024.jpeg)
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…
![Senior couple hugging on a beach with waves in the background](https://crr.bc.edu/wp-content/uploads/2016/07/Senior-couple-hugging-on-a-beach-with-waves-in-the-background-1536x1025.jpeg)
Old benefit structure not well suited for today’s families. 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 spous…