Showing 1 - 6 of 6
This paper investigates how increases in the level of maximum earnings subject to the Social Security payroll tax have affected Social Security benefits and taxes. The analysis uses data from the Health and Retirement Study to ask how different the present value of own benefits and taxes would...
Persistent link: https://www.econbiz.de/10013136554
of findings. First, the more valuable the pension, the more knowledgeable are covered workers about their pensions. We … forms of wealth. Rather, counting pensions in total wealth, those with more valuable pensions save more for retirement …, other things the same. Fourth, there is no evidence that wealth held outside of pensions is influenced by knowledge of …
Persistent link: https://www.econbiz.de/10013136556
This paper uses asset and labor market data from the Health and Retirement Study (HRS) to investigate how the recent "Great Recession" has affected the wealth and retirement of those in the population who were just approaching retirement age at the beginning of the recession, a potentially...
Persistent link: https://www.econbiz.de/10013119041
of pensions earned on jobs not covered by Social Security, a key determinant of the size of WEP and GPO adjustments. Also …
Persistent link: https://www.econbiz.de/10013071796
This paper investigates the effect of the current recession on the near-retirement age population. Data from the Health and Retirement Study suggest that those approaching retirement age (early boomers ages 53 to 58 in 2006) have only 15.2 percent of their wealth in stocks, held directly or in...
Persistent link: https://www.econbiz.de/10013243645
from Social Security and defined benefit pensions. For the most part, these are stable sums that ensured a major fraction …
Persistent link: https://www.econbiz.de/10013324655