TY - RPRT T1 - Do Older Workers Without Benefits Find Health and Retirement Coverage? Y1 - 2020 A1 - Matthew S. Rutledge KW - health coverage KW - nontraditional jobs KW - Older workers KW - Retirement AB - Workers in nontraditional jobs, without health and retirement benefits, have to seek coverage elsewhere.On the health side, most do obtain coverage – often through a spouse’s employer or a private individual policy.And the percentage remaining uninsured has been declining in the wake of the Affordable Care Act, particularly in states that expanded Medicaid coverage.On the retirement side, workers often end up with no viable option, as they rarely open an IRA and their spouses with a 401(k) do not save more to compensate.The failure on the retirement side highlights the need for auto-IRA programs. JF - Center for Retirement Research at Boston College Briefs PB - Center for Retirement Research at Boston College CY - Boston UR - https://crr.bc.edu/briefs/do-older-workers-without-benefits-find-health-and-retirement-coverage/ ER - TY - RPRT T1 - Does Late-Career Nontraditional Work Improve Retirement Security? Y1 - 2020 A1 - Matthew S. Rutledge A1 - Gal Wettstein KW - nontraditional jobs KW - retirement security AB - Policymakers and the media have expressed concern that nontraditional jobs lack stability and financial security. Indeed, having a nontraditional job – defined here as a job without employer health and retirement benefits – during the prime saving years of ages 50-61 is associated with less retirement security.1 But nontraditional jobs need not be “bad jobs” for all workers. Compared to traditional work, they may be a better fit for those in their 60s looking to prolong their careers by offering less stress and more flexibility.2 This brief, based on a recent study, examines how workers use nontraditional jobs after age 62, relying on data from the Health and Retirement Study linked to administrative earnings.3 It explores two questions. First, are workers in their early 60s who are underprepared for retirement more likely to use nontraditional jobs? Second, are such jobs a useful alternative to traditional work for those seeking to enhance their retirement security? The discussion proceeds as follows. The first section introduces the data and the sample. The second section describes the analytic approach, which follows three groups of workers with different employment patterns in their 60s. The third section compares the retirement security of these three groups at ages 61-62 and examines the changes they experience in retirement security by ages 67-68. The final section concludes that the workers who start out less prepared for retirement are not more likely to switch to nontraditional work in their mid-60s. But underprepared workers who do switch improve their retirement security as much as those who stay in traditional work. These results suggest that extended careers are financially beneficial, even in jobs without health and retirement benefits.4 JF - Center for Retirement Research at Boston College Briefs PB - Center for Retirement Research at Boston College CY - Boston UR - https://crr.bc.edu/briefs/does-late-career-nontraditional-work-improve-retirement-security/ ER - TY - RPRT T1 - Do Late-Career Wages Boost Social Security More for Women than Men? Y1 - 2016 A1 - Matthew S. Rutledge A1 - John E. Lindner AB - Any worker who delays claiming Social Security receives a larger monthly benefit due to the actuarial adjustment. Some claimants – particularly women, who are more likely to take time out of the labor force early in their careers – can further increase their benefits if the extra years of work raise their career average earnings by displacing lower-earning years. This study uses the Health and Retirement Study linked to earnings records to quantify the impact of women’s late-career earnings on Social Security benefits relative to men’s. It also compares the impact on women, depending on their marital status and education. JF - Center for Retirement Research at Boston College Working Paper Series PB - Center for Retirement Research at Boston College CY - Chestnut Hill, MA UR - http://crr.bc.edu/working-papers/do-late-career-wages-boost-social-security-more-for-women-than-men/ ER -