- How Did the Great Recession Affect Social Security Claiming?🔍
- Early Claiming of Social Security Retirement Benefits Increased ...🔍
- How Did the Recession of 2007–2009 Affect the Wealth and ...🔍
- Social Security Claiming🔍
- How Did the Great Recession Affect the Disability Insurance Program?🔍
- Who Claimed Social Security Early Due to the Great Recession?🔍
- How Well Did Social Security Mitigate the Effects of the Great ...🔍
- Great Recession|Induced Early Claimers🔍
How Did the Great Recession Affect Social Security Claiming?
How Did the Great Recession Affect Social Security Claiming?
The timing workers choose for claiming their Social Security retirement benefits significantly affects their retirement income. The longer workers wait to ...
Early Claiming of Social Security Retirement Benefits Increased ...
The global financial crisis that began in 2008 resulted in a sharp decline in wealth and employment. · Declines in wealth tend to encourage workers to claim ...
How Did the Great Recession Affect Social Security Claiming?
Social Security retirement claiming grew in 2009 as unemployment soared. The increase was modest, however, because unemployment growth at ...
How Did the Recession of 2007–2009 Affect the Wealth and ... - SSA
Workers nearing retirement 6 and 12 years before the Great Recession benefitted disproportionately from the boom in housing prices and the stock market.
Social Security Claiming: COVID-19 vs. Great Recession
At that time, the natural inclination was to draw similarities to how older workers responded in the Great Recession. Specifically, despite a ...
How Did the Great Recession Affect the Disability Insurance Program?
These recession-related claims resulted in more than one-half million new DI awards, with over 400,000 going to those who would not otherwise have entered the ...
Who Claimed Social Security Early Due to the Great Recession?
The severity of the Great Recession is projected to have increased the probability of claiming Social Security at age 62 by more than 5 ...
How Well Did Social Security Mitigate the Effects of the Great ...
We find that the average welfare losses due to the Great Recession for agents alive at the time of the shock are notably smaller in an economy ...
During the Great Recession, more older workers have claimed Social Security benefits early ... impact the claiming decision, it did not cause a dramatic ...
The effect of economic conditions on the disability insurance program
We find the Great Recession induced nearly one million SSDI applications that otherwise would not have been filed, of which 41.8% were awarded benefits, ...
Disability Insurance and the Great Recession - RAND
and the way SSA responded to these claims may have changed (Astrue, 2009). ... Future work is needed to assess the total impact of the Great Recession on SSDI.
Older Workers, Retirement, and the Great Recession
Indeed, Social Security claiming hit an all-time high in 2009 and remained ... “How Did the. Recession of 2007-2009 Affect the Wealth and Retirement of ...
Who Claimed Social Security Early Due to the Great Recession?
... impact was similar for individuals across the income spectrum. These early claimers ended up with monthly benefits that were 5 percent less than they would ...
Who Claimed Social Security Early Due to the Great Recession?
A higher unemployment rate around the time of retirement reduces Social Security income for those in the bottom two-thirds of the income distribution; we ...
The Incidence and Consequences of Private Sector Job Loss ... - SSA
“The Impact of the Macroeconomy on Health Insurance Coverage: Evidence from the Great Recession. ... “How Did the Great Recession Affect Social Security Claiming?
Are people electing to claim social security benefits early due to the financial crisis? ... 'Framing Effects and Social Security Claiming. Behavior ...
Social Security And Recessions: Study Shows How COVID-19 May ...
What will a recession mean for your Social Security benefits? While the impact isn't expected to be dire, the pandemic only exacerbates the ...
Why Do Disability Insurance Enrollments Rise during Recessions?
The number of applications and new awards for Social Security Disability Insurance (SSDI) rose during the Great Recession and earlier economic downturns.
How did COVID-19 impact Social Security claiming compared to the ...
While the contours of the Great Recession and the COVID Recession differed sharply, older workers continued to retire and claim Social ...
How Well Did Social Security Mitigate the Effects of the Great ...
To help fill this gap, and motivated by the historically large losses in household wealth and income during the Great Recession, this paper examines the role ...