Abstract This paper uses a heterogeneous‐agent overlapping‐generations model to examine the fiscal and distributional consequences of introducing a means test in US Social Security. I...
Types of Social Security Programs 15 1. Distribution of Programs by Means Testing 17 2. Discussion 26 Ⅳ. Calculating Countable Income & Asset Limits 33 1. Calculating Countable Income for...
of Means Testing Social Security: Income Versus Wealth (NBER Working Paper 22424), different approaches affect benefits for different households in different ways. The distributional...
The dire predicament of Social Security and Medicare has lawmakers searching desperately for ways to cut costs. One prominent option is means-testing, by which poor seniors would receive more benef...
Abstract This paper uses a heterogeneous-agent overlapping-generations model to examine the fiscal and distributional consequences of introducing a means test in US Social Security. I find that a m...
A new Wall Street Journal/NBC poll shows surprising support for “means-testing” Social Security — in other words, reducing or denying benefits to retirees with incomes above a certain level — to he...
What is means-testing? Clearly, Social Security needs help from lawmakers on Capitol Hill to right the ship. The question is: What solution should be implemented? Of the more than one dozen...
"I think this shows the willingness of Americans to debate and adopt a more complex system of means testing for Social Security. For top earners, Social Security benefits end up being such...
of “means” testing—but ultimately positions that as a boon for the economy, which will help put Social Security on a firmer financial setting, and then at least partially privatize...
One option being discussed would reduce or eliminate Social Security benefits for moderate to higher-income individuals – that is, means-testing Social Security. The National Committee to...