The Social Security earnings test, a version of which still applies to those ages 62-64, reduces immediate payments to beneficiaries whose labor income exceeds a given threshold. Although benefits are subsequently increased to compensate for any such reduction, the earnings test is typically...

The Social Security earnings test is one of the least popular features of Social Security. It also is one of the most widely misunderstood. This issue in brief discusses how the earnings test functions and examines options for reform.

The Social Security earnings test reduces payments to beneficiaries whose labor income exceeds a given threshold. We investigate the impact of this rule by studying the significant changes in its structure over the past 25 years. We find that the earnings test exerts no robust influence on the...

This paper analyzes the effects of a large randomized field experiment carried out with H&R Block, offering matching incentives for IRA contributions at the time of tax preparation. About 14,000 H&R Block clients, across 60 offices in predominantly low- and middle-income neighborhoods in St....

We explore choice inconsistency over time within the Medicare Part D Prescription Drug Program. Using the full universe of Part D claims data, we revisit our earlier work on partial data to replicate our results showing large "foregone savings" among Part D enrollees. We also document that this...

Recent years have seen enormous growth in limited network plans that restrict patient choice of provider, particularly through state exchanges under the ACA. Opposition to such plans is based on concerns that restrictions on provider choice will harm patient care. We explore this issue in the...