Focus on Social Security and Retirement

Focus on Social Security and Retirement

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On November 17, the Census Bureau published a report on the over age 90 population. It finds that this group has grown from 2.8 percent of the population in 1980 to 4.7 percent and will reach 10 percent by the year 2050.

In a November 11 commentary, George Washington University law professor Neil Buchanan addressed the question of whether the Social Security tax is really a tax or an insurance premium.

A November 10 AARP poll of Republican voters in Florida, Iowa, New Hampshire and South Carolina found that they oppose cutting Social Security and Medicare by a 3 to 1 margin.

On November 9, the Employee Benefit Research Institute published a study on how tax reform can promote retirement security.

On November 1, the Center for Retirement Research published a study examining the amount of saving people will need to provide them with an adequate retirement income.

On October 17, the U.S. Government Accountability Office published a report on the impact of the recession on older Americans.

On October 14, the Congressional Budget Office published a report on tax-favored retirement plans. It finds that about half of all workers participate in such plans.

An October 6 Quinnipiac poll found that people favor raising the Social Security wage cap to bring in more taxes by a 56 percent to 35 percent margin.

On September 30, MetLife published a report on the growing number of women who are living extra-long lives. It notes that two in five women now live to be ninety.

A September 29 CNN poll found that three-fourths of people believe the Social Security system has major problems and 21 percent believe it is unconstitutional.

I last posted items on this topic on November 17.

Bruce Bartlett is an American historian and columnist who focuses on the intersection between politics and economics. He blogs daily and writes a weekly column for The Fiscal Times.  Bartlett has written for Forbes Magazine and Creators Syndicate, and his work is informed by many years in government, including as a senior policy analyst in the Reagan White House. He is the author of seven books including his new book: The Benefit and the Burden .

 

Bruce Bartlett’s columns focus on the intersection of politics and economics. The author of seven books, he worked in government for many years and was senior policy analyst in the Reagan White House.