Do Late-Career Wages Boost Social Security More For Women Than Men?

Matthew Rutledge and John E. Lindner

Working Papers, Center for Retirement Research at Boston College from Center for Retirement Research

Abstract: Any worker who delays claiming Social Security receives a larger monthly benefit due to the actuarial adjustment. Some claimants – particularly women, who are more likely to take time out of the labor force early in their careers – can further increase their benefit if the extra years of work raise their career average earnings by displacing lower-earning years. This study uses the Health and Retirement Study (HRS) linked to earnings records to quantify the impact of women’s late-career earnings on Social Security benefits relative to men’s. It also compares the impact on women, depending on their marital status and education.

Pages: 21 pages
Date: 2016-11
New Economics Papers: this item is included in nep-age
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
http://crr.bc.edu/wp-content/uploads/2016/11/wp_2016-13.pdf R

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:crr:crrwps:wp2016-13

Access Statistics for this paper

More papers in Working Papers, Center for Retirement Research at Boston College from Center for Retirement Research Contact information at EDIRC.
Bibliographic data for series maintained by Amy Grzybowski () and Christopher F Baum ().