Older women, who comprise two-thirds of the retired U.S. population, share substantially less of the $1.3 trillion worth of over 800,000 private and public pension plans by every way of measurement. Of the one-in-five women receiving pension income, some obtain it from their own paid work history, while others are widows and divorced women who…

A study examined the effects of the Targeted Jobs Tax Credit (TJTC) on employment patterns among those eligible for and those ineligible for TJTC. The rate at which TJTC-eligible persons penetrated the labor market and the resultant displacement of persons not eligible were examined in terms of TJTC-related variables, personal characteristics, and…

The impact of the Earned Income Tax Credit (EITC) on working families was analyzed. The analysis established that the EITC is, on balance, a highly effective program that meets its primary objectives well. The following benefits of the EITC were identified: (1) it reduced the poverty rate in 1999 by an estimated 1.5 percentage points; (2) it is…

This report presents the testimony and submissions presented at one of a series of hearings on welfare reform and reauthorization of the Temporary Assistance for Needy Families (TANF) program. The statement by Cynthia M. Fagnoni, managing director of education, workforce, and income security issues at the U.S. General Accounting Office, assesses…