Fact Sheet The Economic Recovery Package Will Help Poor Older Adults, but More Could Be Done
Sheila R. Zedlewski
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Older adults often are left out of policy conversations on poverty because many believe that relatively few of them experience economic hardship. Yet an updated measure of poverty indicates that the rate for adults ages 65 and older matches the rate for children. The Economic Recovery package under consideration includes some provisions that would benefit older adults, but more could be done. One-time payments for those receiving welfare and increases in food assistance benefits especially would help some poor older adults. Investments in the job skills of those who want to work should also be considered.
Research Areas Children and youth Aging and retirement Social safety net
Tags Economic well-being Poverty Retirement policy Opportunity and ownership
Policy Centers Income and Benefits Policy Center