DIRS.INFO top alerts submit data jurnalism about API
login
Top related persons:
Thomas Barwick - 1 Goss - 1 Laurence Kotlikoff - 1 Kotlikoff - 1 CNBC.com - 1
Top related locs:
Top related orgs:
Social Security - 1 actuaries - 1 Republicans - 1 Democrats - 1 Laurence Kotlikoff Boston University - 1 Boston University - 1

Search resuls for: "Laurence Kotlikoff Boston University"


2 mentions found


☆ Will Social Security be there for me when I retire? Here's how the agency's chief actuary answers that common question
  + stars: | 2023-10-30 | by ( Lorie Konish | ) www.cnbc.com   time to read: +3 min
Today, Social Security has two trust funds that have a total of $2.8 trillion in reserves and function like savings accounts for the program, according to Goss. When more money is needed to pay benefits beyond what is coming in through payroll taxes, the trusts funds are available. Retirement benefits taken at age 70 are 76% higher, adjusted for inflation, than retirement benefits taken at 62, Kotlikoff's research found. "The decision to wait is really buying longevity insurance from Social Security," Kotlikoff recently told CNBC.com. With that information, the Social Security Administration provides estimates of how much in benefits you may receive if you become disabled, retire or die, thus leaving benefits to eligible survivors.
Persons: Thomas Barwick, Goss, Laurence Kotlikoff, Kotlikoff, CNBC.com Organizations: Social Security, actuaries, Republicans, Democrats, Laurence Kotlikoff Boston University, Boston University
☆ As retirement age change sparks protests in France, here's what could happen in the U.S.
  + stars: | 2023-05-07 | by ( Lorie Konish | ) www.cnbc.com   time to read: +5 min
Damien Meyer | Afp | Getty ImagesAn increase in pension retirement age to 64 from 62 in France has sparked ongoing protests. The U.S. could be poised for a similar change with the Social Security retirement age. Today, that higher retirement age is still getting phased in. People born in 1960 and later now must wait until 67 to receive their full "retirement age" benefits. For example, if you are eligible for a $1,000 monthly benefit at full retirement age, you would get just $700 per month if you started at age 62.
0 next >>
Total: 2