This paper examines the extent of redistribution that would occur under various annuity and bequest options as part of … account balance. However, efforts to reduce the extent of redistribution generally do so at the cost of significantly lower …

less than their husbands. As a result, much of the redistribution at the individual level was effectively from high earning … high income households. Both factors mitigate redistribution at the household level. This paper compares outcomes for the … fosters somewhat more redistribution from high to low earning households. The analysis is based on data from the Health and …

Building on the existing literature that examines the extent of redistribution in the Social Security system as a whole … inequality. Second, we find that this result is driven largely by the lack of redistribution across the middle and upper part of … distribution. Third, in cases where redistribution does occur, we find it is not efficiently targeted: many high income households …

for participants in the Health and Retirement Study to investigate redistribution under the current social security … high lifetime earnings to those with low lifetime earnings. However, much of this apparent redistribution is from men to … the total lifetime earnings, and spouse and survivor benefits are taken into account, the extent of redistribution from …