Tag: Modernizing Social Security
The brief’s key findings are: While the poverty status of widows has improved markedly, widows remain much more vulnerable than married couples. One reason is that Social Security widow benefits have been declining – relative to the couple’s benefit – due to the rising labor force activity of women. In response, policy experts have proposed…
Eliminating the actuarial reduction for a portion of benefits provides a basic income. The rise in Social Security’s Full Retirement Age from 65 to 67 has raised concerns about the adequacy of benefits of low-wage workers, who generally claim at 62 or 63. The rise in the Full Retirement Age will cut benefits claimed at…
