Tag: subsidies
Fewer than half of low-income retirees who are eligible for SNAP food stamps or don’t automatically receive a medication subsidy as part of their Medicaid coverage are taking advantage of the programs. These are two prominent examples of the head-spinning number of assistance programs for people over 60, from state property tax breaks and veterans…
The brief’s key findings are: To encourage retirement saving, policymakers use two types of tools: tax subsidies and automatic contributions. Both tools are effective at increasing retirement saving, but such increases could simply be offset by a reduction in a household’s non-retirement saving. A recent study, using Danish data, addresses this issue: A revision in…
