Social Security Reduces Retirement Wealth Inequality
Siavash Radpour () and
Anthony Webb ()
No 2020-01, SCEPA policy note series. from Schwartz Center for Economic Policy Analysis (SCEPA), The New School
Social Security benefits are progressive and offset the unequal distribution of retirement wealth generated by a broken employer-based retirement system. Though Social Security benefits keep retirees out of poverty, American workers still face a retirement income crisis. Policymakers need to strengthen and expand Social Security and mandate employer-sponsored retirement plans to ensure universal coverage and adequate retirement income.
Keywords: Social Security; Retirement; Wealth; Income; Older Workers (search for similar items in EconPapers)
JEL-codes: D63 E21 H55 J26 J32 (search for similar items in EconPapers)
Pages: 6 pages
New Economics Papers: this item is included in nep-age, nep-ias and nep-mac
References: Add references at CitEc
Citations: Track citations by RSS feed
Downloads: (external link)
https://www.economicpolicyresearch.org/images/docs ... rity_Policy_Note.pdf (application/pdf)
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:epa:cepapn:2020-01
Access Statistics for this paper
More papers in SCEPA policy note series. from Schwartz Center for Economic Policy Analysis (SCEPA), The New School Contact information at EDIRC.
Bibliographic data for series maintained by Bridget Fisher ().