Tag: poverty
With more Americans today living into their 80s and beyond, the elderly are becoming more vulnerable to slipping into poverty. To reduce the poverty risk facing the oldest retirees, some policy experts have proposed increasing Social Security benefits for everyone at age 85. Under one common proposal analyzed by the Center for Retirement Research in…
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…
