Month: December 2021

Phynart Studio | E+ | Getty Images When the calendar flips to 2022, certain Medicare costs will creep higher. For the program’s 63.6 million beneficiaries — most of whom are 65 or older — annual adjustments can affect premiums, deductibles and other cost-sharing aspects of Medicare. While each change doesn’t necessarily involve a huge dollar
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What’s on the agenda for retirement legislation in 2022? Let’s start with retirement initiatives that are waiting in the wings: The “SECURE Act 2.0” is a set of enhancements to 401(k)s and other retirement savings programs which has been in the works, well, pretty much ever since the original SECURE Act passed. Its House version
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Tax increases probably are coming. Even if Congress doesn’t agree on substantial increases this year, they’re likely to come. The 2017 tax law is scheduled to expire after 2025. The pre-2018 tax law will be re-instated automatically unless Congress agrees to something else. Plus, the trillions of dollars added to the national debt the last
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My previous blog documented California’s 2020 population loss, the first time that’s happened since the state was founded.  Billionaire Elon Musk has moved to Texas, but the biggest worry for the state is the loss of lower and middle-income residents, likely driven by California’s high housing costs.  The state must fix its housing affordability problem for a more
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A Hangzhou location of the Element Fresh chain, which entered the bankruptcy liquidation process in December 2021, as the coronavirus pandemic took its toll. Costfoto | Future Publishing | Getty Images BEIJING — Sluggish consumer spending has dragged down China’s economy since the pandemic, with little relief in sight for 2022. Along with the property
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Nestled in President Biden’s recently enacted Infrastructure Investment and Jobs Act is a bipartisan feat that deserves more attention: the resurrection of Superfund excise taxes on dozens of chemicals and hazardous substances. The original Superfund taxes — used to fund hazardous waste site cleanups, including landfills and abandoned factories — expired in 1995. Since then,
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2021 was an interesting year for interior design. We saw lots of new interior design trends including more traditional looks, fluting, and wallpaper everywhere. But many of the styles that were popular in 2021 won’t stay that way for long. 2022 will be an interesting year for interior design as we collectively try to get
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