Social Security claiming decision of married men and widow poverty

Steven Sass (), Wei Sun () and Anthony Webb ()

Economics Letters, 2013, vol. 119, issue 1, 20-23

Abstract: We find that most husbands claim Social Security before the ages that maximize the expected present value of their benefits. Although household benefits are only slightly reduced, the expected present value of widows’ benefits reduces by 17.7%, increasing their risk of poverty.

Keywords: Social Security benefit; Widow’s survivor benefit; Claiming behavior; Widow poverty (search for similar items in EconPapers)
JEL-codes: D14 D31 H55 (search for similar items in EconPapers)
Date: 2013
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (9)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:ecolet:v:119:y:2013:i:1:p:20-23

DOI: 10.1016/j.econlet.2013.01.007

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