Tag: retirement
Most retirees didn’t notice the $5 cost-of-living increase in the average Social Security check. That’s because the Part B Medicare premium deducted from their checks went up nearly as much (from $104.90 in 2016 to an average $109 this year). Beyond premium hikes, the bigger issue for retirees are the additional out-of-pocket costs they must pay…
The brief’s key findings are: Workers in their 50s today, compared to previous generations, are more likely to switch jobs voluntarily. The question is whether such job changes lengthen or shorten a worker’s career. The results suggest that job changes lengthen careers: those who switch jobs are much more likely to still be in t…
