Tag: survey
The brief’s key findings are: The Social Security Administration’s (SSA) online tools could help meet the increasing demand for SSA services, but only half of retirees apply online. A new CRR survey suggests that the share who claim completely online, without contacting an SSA representative, may be even lower – about 35 percent. Going forward,…
Abstract Although annuities would ensure higher levels of lifetime income, reduce the likelihood that people will outlive their resources, and alleviate some of the anxiety associated with post-retirement investing, the market for annuity products is minuscule. Explanations for the low demand include the high cost of private annuities due to adverse selection, a reluctance to…
