Tag: Social Security benefits

Portrait of mother embracing her daughter with special needs

Retired parents who have a child with a disability say the income they and their children receive from Social Security is critical to their survival. Yet, for some, it still falls short of what they need after years of financial struggles, career tradeoffs, and premature retirements stemming from years of caregiving.  Without Social Security’s monthly…

Group of Senior Friends Chatting at Home Together

This paper compares Social Security outcomes for non-Hispanic Black, Hispanic, and non-Hispanic white beneficiaries and assesses the capacity of various benefit enhancements to narrow racial and ethnic disparities in Social Security benefits.  Using the Dynamic Simulation of Income Model 4 (DYNASIM4), we project, under current law and each benefit enhancement, lifetime Social Security benefits…