Tag: single mothers
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 spouse – generally the wife – a benefit at the fu…
The Social Security actuaries recently costed out a bill that would provide caregiver credits for individuals out of the workforce who care for children. This legislation, like other proposals, reflects an effort to improve the adequacy of old-age benefits for women. In recent decades, caregiver credits have become a near-universal component of public pension systems…
