Behavior
The longer a husband delays his Social Security retirement benefits, the larger the check his wife will get when he dies. And odds are that he’ll die first, so that decision to delay will leave her with more income every month into her 80s or even 90s. This fairly common marriage arrangement – a husband…
A small fraction of U.S. workers are on federal disability insurance – about 8 million – but the monthly cash payments are crucial to them because they’re no longer able to work. What stands out in a new study – the first fine-grained picture of who gets the benefits – is that Black Americans are highly reliant…
