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Differences in nonwage income later in life may reflect opportunities earlier in life. Even with similar wages, Black and Hispanic households tend to receive less nonwage income in retirement. Our new article explores these patterns. https://bit.ly/4vy6KYY  
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Who has nonwage income, where does it come from, and what is its role in the economic well-being of Americans?
www.minneapolisfed.org
Beyond the paycheck | Federal Reserve Bank of Minneapolis
Opportunity & Inclusive Growth Institute