Tag: Social Security
The brief’s key findings are: In any loan program, a key objective is balancing the twin goals of high take-up rates and low default rates. In 2013, the federal government announced new rules to curb default rates of reverse mortgages by limiting initial withdrawals and requiring underwriting. To assess the effects of the new rules,…
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…
