|
US jobs report shows rise in unemployment BBCAmerica's job market just got some troubling news CNNWhite House Dismisses Rise in Unemployment The New York TimesJobless rate rises, adding to Trump's economic messaging woes Politico4 Takeaways From the Final Jobs Report of the Year Business Insider
|
|
Jobs Report Live Updates: U.S. Unemployment Rate Rose in November, a Warning Sign for Economy The New York TimesAmerica's job market just got some troubling news CNNVeteran unemployment rates bump up in job market hit by layoffs YahooPayrolls rose by 64,000 in November after falling by 105,000 in October, delayed jobs numbers show CNBCJobless rate rises, adding to Trump's economic messaging woes
|
|
Officials to give update on deaths of Hollywood director Rob Reiner and wife after son Nick's arrest BBCLive updates: Rob and Michele Reiner homicide case to be turned over to prosecutors today as son is held without bail CNNRob Reiner's son Nick to face murder charges in killings of parents, prosecutors say Los Angeles TimesI Sat Down to Dinner With Rob, Michele and Nick Reiner. It Was Heartwarming and Jarring. The Hollywood Reporter
|
|
Restricting and Limiting the Entry of Foreign Nationals to Protect the Security of the United States The White House (.gov)Trump Live Updates: Expanded Travel Ban, Boat Strikes and More The New York TimesTrump expands travel ban to Syrians, Palestinians and others AxiosTrump expands travel ban, adding 5 more countries and imposing new limits on others YahooTrump doubles number of countries facing travel bans or rest
|
|
Private Sector Job Growth Fuels President Trump's Economy The White House (.gov)America's job market just got some troubling news CNNCNBC Daily Open: Beware confirmation bias in U.S. jobs report for November CNBCWhite House Shrugs Off Rise in Unemployment Rate The New York Times
|
|
Are you thinking of retiring soon? Perhaps earlier than you had planned years ago? A potential hurdle could be the incentives set up by the Social Security Administration - they calculate your benefits to reward you for staying in the workforce.
But if you are looking to take an early retirement, you're not alone.
SEE MORE What If I Retired Today?
In the first 15 months of the COVID pandemic (March 2020-May 2021), about 2.5 million Americans retired. That was about twice the number of people who retired in 2019. This means there were essentially 1.2 million fewer people in the workforce over the age of 55 than would otherwise be expected.
First, find out what Social Security benefits you can expect
For anyone born in 1943 or later, your full retirement age, as defined by the Social Security Administration, is between age 66 and 67, based on your birth year. If you're contemplating retiring before that, it's important to know that the Social Security program has been orchestrated to incentivize beneficiaries to delay claiming benefits. Specifically:
If you start taking benefits at age 62, your Retirement Benefit will shrink by 25% to 30%, depending on your birth year. That's because your lifetime annual benefits are decreased by approximately 8% for each year prior to your full retirement age you start to claim them.Conversely, your lifetime annual benefits increase by 8% for each year past your full retirement year if
|
|
