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The 2014 Trustees Report updates projections about the future finances of Social Security's two trust funds. The Disability Insurance (DI) trust fund, which is legally separate from the Old-Age and Survivors Insurance (OASI) trust fund, will require legislative action soon to ensure that all...
Persistent link: https://www.econbiz.de/10013049825
The 2013 Trustees Report updates projections about the future finances of Social Security's two trust funds. The Disability Insurance (DI) trust fund, which is legally separate from the Old-Age and Survivors Insurance (OASI) trust fund, requires legislative action soon to ensure that all...
Persistent link: https://www.econbiz.de/10013061348
The contributions that workers pay for Social Security have been temporarily reduced under legislation designed to get money quickly into the hands of workers so they could spend it to help the nation out of the Great Recession. This “payroll tax holiday” is scheduled to end on December 31....
Persistent link: https://www.econbiz.de/10014040985
To better understand Americans' perspectives on Social Security and their preferences regarding options to strengthen the program for the future, the National Academy of Social Insurance partnered with Mathew Greenwald & Associates to conduct a multigenerational study. The study included an...
Persistent link: https://www.econbiz.de/10013061372
This fact sheet explains how the children and grandchildren of today's retirees would bear the brunt of the benefit cuts currently being proposed by some policymakers and commentators. It outlines how raising the retirement age means lowering benefits at any age they are claimed, which many...
Persistent link: https://www.econbiz.de/10013129985
This brief is one component of a toolkit of materials designed to educate workers approaching retirement about their options for taking Social Security benefits, and about why - if you can - it pays to wait. The brief is available for download here. The rest of the toolkit - a 3-minute video, a...
Persistent link: https://www.econbiz.de/10013057582
Micro-simulation of future benefits shows how recommendations by Alan Simpson and Erskine Bowles, co-chairs of the deficit commission appointed by President Obama, would lower Social Security benefits for almost all (92 percent) of seniors entitled to benefits in 2070. The cuts would affect all...
Persistent link: https://www.econbiz.de/10014042551
Persistent link: https://www.econbiz.de/10012137220
This article uses data from the Social Security Administration's National Beneficiary Survey and agency administrative records to estimate the number and examine the characteristics of adult disability-program beneficiaries with multiple impairments. In the survey, most beneficiaries report...
Persistent link: https://www.econbiz.de/10012864454
American elders saw sharp gains in their incomes and declines in poverty during the 1960s and 70s and have had smaller gains since. Updated poverty measures show that seniors are as likely as children to be poor. When Social Security and pensions are converted to asset values, a typical...
Persistent link: https://www.econbiz.de/10013129984