Social Security Wealth and Federal Liabilities
Abstract
In the U.S., wealth inequality has risen in recent years. However, past estimates of wealth inequality tend to ignore Social Security benefits – even though these accrued benefits are almost 40% of the size of conventional measures of household wealth. In this summary article on working paper 2011, authored by Andrew J. Rettenmaier, accrued Social Security benefits are imputed to households in the 2016 Survey of Consumer Finances to determine the degree to which they reduce wealth inequality.
Description
LaborCollections
Citation
Rettenmaier, Andrew J. (2021). Social Security Wealth and Federal Liabilities. Private Enterprise Research Center, Texas A&M University; Texas A&M University. Library. Available electronically from https : / /hdl .handle .net /1969 .1 /199335.