Research At SCEPA
Expanding the Earned Income Tax Credit Could Benefit Older Workers in New York
RELAB POLICY NOTE | The Earned Income Tax Credit (EITC), a popular federal program that has been replicated in many states and lifts millions out of poverty, has historically excluded most older workers from receiving benefits at the same rate as their younger counterparts.
How EITC Could Benefit Low-Income Older Workers
RELAB POLICY NOTE | SCEPA's research finds nearly 1.5 million low-income older workers would benefit from an expansion of the popular Earned Income Tax Credit (EITC) program. The report—released by our Retirement Equity Lab (ReLab)—finds without expanding the EITC, the program actually lowers wages among non-educated workers, especially those over 55.
The Stalled Jobs Recovery Pushed 1.1 Million Older Workers Out Of The Labor Force
RELAB POLICY NOTE | After a partial recovery between May and August, older workers’ labor force participation rate fell continuously, reaching its lowest point of the recession in January.