Tag: Social Security claiming
The National Retirement Risk Index (NRRI) measures the share of working-age households that will be unable to maintain their pre-retirement standard of living once they retire. The Index is based on data from the Federal Reserve’s Survey of Consumer Finances and compares household projected replacement rates – retirement income as a percentage of pre-retirement…
Retiring baby boomers are increasing the demand for services from the U.S. Social Security Administration (SSA) at a time when budget constraints and retiring staff are limiting the agency’s capacity to deliver them. Using online services – rather than contacting a representative – offers a way for SSA to meet increased demand with fewer resources…
