April 6, 2021 Minimum Wage and Disability Applications Do applications for federal disability benefits rise, fall, or remain unchanged when the minimum wage increases? Understanding whether the minimum wage affects disability applications is an important issue as Congress debates an increase in the federal minimum and the states have been very active: 14 states began last year with a higher ...

March 18, 2021 Retirees Who Tested Well Added More Debt A new study finds that debt burdens have grown for older workers and retirees in recent decades. But this isn’t the first research to reach that conclusion. What is new is whose debt burden is increasing the most: the people who score higher on simple memory and math tests. Across ...

March 11, 2021 Retirement Ages Geared to Life Expectancy For most of the 20th century, life expectancy was on the rise. Yet older Americans were retiring at younger and younger ages. That changed in the 1990s. Life expectancy continued to rise, but retirement ages started increasing too. Many significant developments are behind the dramatic shift in retirement habits, including the ...

April 1, 2021 What the Research Can Tell us about Retiring It’s difficult to envision what life will look like on the other side of the consequential decision to retire. But research can help demystify what lies ahead – about the decision itself, the financial challenges, and even the taxes. Readers understand this, as evidenced by the most popular blog ...

March 9, 2021 Will More Aid to Parents Be Permanent? To lift families out of poverty during the pandemic, Congress is on the verge of passing a substantial increase this year in the standard child tax credit as part of President Biden’s broader relief package. But despite the sharp divide over the $1.9 trillion package, some senators – both Democrats ...

November 3, 2020 Men’s Health and Disability Applications It’s often true that men in their 50s who’ve done physically demanding jobs for decades develop debilitating conditions. But they’re not old enough to retire and collect Social Security. Particularly during economic downturns, many of these workers have turned to a fallback option: federal disability benefits. While economic conditions and policy changes ...

March 4, 2021 Federal Minimum Wage is 40% Below 1968 Largely missing from the debate about raising the federal minimum wage is how much its value has eroded over the past 50 years. The current federal minimum is $7.25 an hour. If the 1968 wage were converted to today’s dollars, it would be worth about $12 an hour. At $7.25 ...

November 5, 2020 Changing Social Security: Who’s Affected Due to the strength and agility required for physical labor, half of blue-collar workers sign up for Social Security as soon as they’re eligible – at age 62. But a large majority of white-collar workers wait so they can lock in a larger monthly check for retirement. In a new study, Lindsay ...

March 2, 2021 Who Applies for Disability – and Who Gets it Blue-collar workers who end up applying for federal disability benefits find themselves in that position for a variety of interrelated reasons. A dangerous or physically demanding job can either cause an injury or exacerbate a medical condition that could lead to a disability. And people with limited resources ...

February 25, 2021 Diverse Population Uses Nursing Homes Less Since the 1980s, the share of the U.S. population over 65 has grown steadily. At the same time, the share of low-income older people living in nursing homes has declined sharply. New research by the University of Wisconsin’s Mary Hamman finds that this trend is, to some extent, being driven by ...

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