Tag: inequality
The option to start Social Security benefits at any age from 62 to 70 – with an actuarial adjustment – is a key feature of the program. However, the adjustments – reductions in the monthly benefit for claiming early and increases for waiting – are decades old and do not reflect improvements in longevity or…
Sometimes just looking at data is pretty interesting! Like everyone, I have been thinking about the Black/white wealth gap. Yes, the gap is greatly reduced once Social Security wealth is included in the calculation. But Social Security comes late in life, which means that young Black families have much less to provide for themselves and…
