Tag: COVID

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$900 billion(enacted December 27, 2020) Summary Prepared by the Center for Retirement Research at Boston College Payments to Individuals Single tax filers with earnings of up to $75,000 ($150,000 for joint filers) in 2019 will receive a one-time payment of $600 ($1,200 for joint filers). The amount will be reduced for those who earned mor…

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Last spring, as COVID-19 tore through the nation’s nursing homes, many people agonized over whether to pull their elderly parents out and assume responsibility for the care. The fall surge in the virus is no doubt causing more handwringing as adult children again weigh the challenges of home care against concerns about their parents’ physica…