The Importance of Social Security as an Equalizer
This article details two critical points regarding wealth and inequality in the United States. First, retirement wealth inequality is extreme-Black and Hispanic households have less than half the retirement wealth of White households. Second, this inequality would be much worse but for the presence...
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| Veröffentlicht in: | Generations (San Francisco, Calif.) Calif.), 2021-07, Vol.45 (2), p.1-10 |
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| container_title | Generations (San Francisco, Calif.) |
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| creator | Hou, Wenliang Sanzenbacher, Geoffrey T. |
| description | This article details two critical points regarding wealth and inequality in the United States. First, retirement wealth inequality is extreme-Black and Hispanic households have less than half the retirement wealth of White households. Second, this inequality would be much worse
but for the presence of Social Security. As the U.S. population becomes more diverse, it will be increasingly important for policymakers addressing Social Security's solvency to understand the extent to which various racial and ethnic groups rely upon Social Security versus other sources of
retirement wealth. |
| format | Article |
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First, retirement wealth inequality is extreme-Black and Hispanic households have less than half the retirement wealth of White households. Second, this inequality would be much worse
but for the presence of Social Security. As the U.S. population becomes more diverse, it will be increasingly important for policymakers addressing Social Security's solvency to understand the extent to which various racial and ethnic groups rely upon Social Security versus other sources of
retirement wealth.</abstract><cop>San Francisco</cop><pub>American Society on Aging</pub><tpages>10</tpages></addata></record> |
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| ispartof | Generations (San Francisco, Calif.), 2021-07, Vol.45 (2), p.1-10 |
| issn | 0738-7806 2694-5126 |
| language | eng |
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| source | PAIS Index; Sociological Abstracts; JSTOR Archive Collection A-Z Listing |
| subjects | Age Black And Hispanic Households Defined contribution plans Earnings Equity Ethnic groups Ethnicity Hispanic people Households Income Gap Income inequality Inequality Interest rates Minority & ethnic groups Money markets Policy making Polls & surveys Precarity and Economic Equality Race Retirement Retirement plans Retirement Wealth Savings bonds Social groups Social Security Trust funds Wealth distribution Workers |
| title | The Importance of Social Security as an Equalizer |
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