The labor market is slowly recovering, albeit in fits and starts. The current recovery is leaving many older workers behind. They now face the prospect of lengthy spells of unemployment, depleted savings and pressures to retire early with permanently lower Social Security benefits. The recession hit older workers harder this time than somewhat younger workers.
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As the saying goes, “The road to Hell is paved with good intentions.”  That seems to be the case with section 602(c)(2)(A) of the American Rescue Plan Act (ARPA), signed into law by President Biden on March 11. The subsection prohibits states from using funds disbursed under the act to “directly or indirectly offset a reduction in
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Today’s column addresses questions about whether it’s best to file at 70 ½ or 70, potential spousal benefits before retirement benefits and when excess spousal benefits might be available. Larry Kotlikoff is a Professor of Economics at Boston University and the founder and president of Economic Security Planning, Inc, which markets Maximize My Social Security
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Monty Rakusen | Cultura | Getty Images A project aiming to harness geothermal energy from disused, flooded coal mines in the northeast of England took another step forward this week after it was given planning permission for an initial testing phase. In an announcement Monday, South Tyneside Council said the development would “draw geothermal energy
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