Tag: full retirement age

Senior man working at laptop at home

Abstract This paper assesses whether the accumulated retirement wealth of pre-retirees will be adequate to cover needs during retirement, and how variation in age of eligibility for Social Security benefits affects adequacy. Data from the 1998 Survey of Consumer Finances are analyzed to assess the adequacy and composition of retirement wealth of U.S. households, and…

Social Security sign in a garden

Introduction The Social Security earnings test is one of the least popular features of Social Security. It also is one of the most widely misunderstood. This Issue in Brief discusses how the earnings test functions and examines options for reform……