Despite painstaking efforts to ensure that Social Security benefits are distributed fairly, the wealthy are receiving disproportionately large payouts, writes columnist hiltzikm.
Elizabeth Warren’s plan, like the others, addresses many of the shortcomings long identified by the program’s advocates, columnist Michael Hitzik writes.
More to the point, deferring Social Security isn’t practical for many working people. Some are in jobs that are too physically taxing to continue too far into their 60s. Some don’t have savings, pensions or other sources of income to live on. Indeed, among the top 20% of earners, just over half claim their retirement benefits at or after their full retirement age. Among the bottom 20%, however, nearly two-thirds claim early.
Wealthier workers are able to wait longer after their full retirement age to start claiming Social Security benefits.
Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Don't fall for these common Social Security misconceptionsSocial Security is complicated, so it’s not surprising that so many people get the details wrong. Those details can have a huge impact on retirement.
Weiterlesen »
Sprinklr acquires Nanigans' social business for performance marketing - Business InsiderMarketing-tech company Sprinklr has acquired the social media business of one of Facebook's oldest marketing partners
Weiterlesen »
YouTuber Alissa Violet exposes Faze Banks cheating scandal on social mediaThe YouTube star claimed she discovered Banks cheating on her in the guest wing of their home.
Weiterlesen »
Olivia Jade Giannulli, Lori Loughlin’s daughter, can't resist social media pullOlivia Jade Giannulli posted her first YouTube video since the arrest of her parents, actress Lori Loughlin and fashion designer Mossimo Giannulli.
Weiterlesen »
Lizzo Is Feeling 'Good as Hell' in Revealing Photos Shared on Social MediaLizzo's social media tagline is 'Feelin Good as Hell,' and her latest pictures -- in which she's seen posing nude on a couch -- without a doubt show off that confident vibe.
Weiterlesen »
How To Turn Your Creative Energy Into REAL Social ChangeMeet 8 real women who are using their creative instincts to design and execute meaningful, progressive projects.
Weiterlesen »