Tag: Social Security benefits
The brief’s key findings are: The 2016 Trustees Report shows virtually no change: Social Security’s 75-year deficit is 2.66 percent of payroll, just a hair below the 2015 projection. The deficit as a percentage of GDP remains at about 1 percent. Trust fund exhaustion is still 2034, after which payroll taxes still cover about thr…
The brief’s key findings are: Social Security’s spousal and survivor (“family”) benefits were designed in the 1930s for a one-earner married couple. Today, family benefits contribute less to retirement income because most married women work, and many households are headed by single mothers. Single mothers who were never married are not eligible for family benefits,…
