A Strange Social Security Rule Puts Today's 60-Year-Olds at a Big Disadvantage. Lawmakers Are Working to Change That.

When it comes to Social Security, 2020 is a bad year to turn 60.

Title: A Strange Social Security Rule Puts Today's 60-Year-Olds at a Big Disadvantage. Lawmakers Are Working to Change That.

Article Snip: "...As a result, seniors who turn 60 in 2020 will be in line for a much lower benefit during retirement than those who turned 60 just a year ago. That is, unless lawmakers intervene. Will today's 60-year-olds be spared a reduction in benefits? A couple of bills have been introduced to adjust the formula used to calculate Social Security benefits, thereby saving today's 60-year-olds from a lower monthly benefit for life. The Social Security COVID Correction and Equity Act..."

Reference: www.fool.com
social security, H.R. 7499: Social Security COVID Correction and Equity Act,

When might the IRS be sending the second stimulus check?

Title: When might the IRS be sending the second stimulus check?

Article Snip: "...After Senate Republicans present CARES 2 on Monday, members will begin the work of finding common ground with Congressional Democrats on who will be eligible for the second payment, how big the next stimulus check should be, and when the IRS would start sending out the money once approved. Treasury Secretary Steven Mnuchin offered a clue..."

Reference:
Stimulus Check 2,

5 Tips For The Millions Of Singles Heading Into Retirement Solo

Title: 5 Tips For The Millions Of Singles Heading Into Retirement Solo

Article Snip: "...Retiring single or without children has its advantages and disadvantages. With a little extra planning, you can have a fun and fabulous retirement. With some proactive advice, your retirement can be even happier, healthier and wealthier..."

Reference: www.forbes.com
Federal Retiree Singles, Senior singles,