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Herzog is Israel's 11th president

JERUSALEM - Isaac Herzog, former minister, chairman of the Labour Party and leader of the Opposition, was elected by the Knesset (parliament) to ....

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'Bridges' to Maximize Social Security Benefits Should Be Built Into 401(k)s, Researchers Say

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Although you can no longer receive Social Security checks in the mail, retirement researchers say you should wait to claim until age 70 to maximize benefits.
William Thomas Cain/Getty Images
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Retiring workers ages 60 to 69 should automatically receive monthly payments from their 401(k) or similar retirement savings plans unless they opt out, an idea researchers say would help bridge the gap until Social Security benefits reach their maximum at age 70.
Retirement researchers recently have been touting the benefits of a so-called bridge strategy, whereby retirees front-load withdrawals from 401(k) plans and individual retirement accounts to delay claiming Social Security. For each year that a person delays claiming up to age 70, his monthly Social Security check goes up 7% to 8%. As a result, monthly benefits claimed at 70 are at least 76% higher than those claimed at 62. ....

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1.2 Million Americans Filed for Jobless Benefits Last Week

10 American Billionaire Families Spent $165 Million Trying to Re-Elect President Donald Trump in 2020
That is according to a new study from Americans for Tax Fairness. The late Sheldon Adelson and his wife, who are by far the wealthiest of those billionaires, thanks to their large stake in the
Las Vegas Sands Corp
oration, spent $90 million, while the other nine spent a total of $75 million. Most campaign spending was done through affiliated super PACs, rather than via direct contributions to candidates or party organizations.
The biggest spenders after the Adelsons were the Perlmutters, who sold Marvel Enterprises to
Walt Disney.
They spent $21 million, followed by the McMahons of ....

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Covid-19 Vaccine Rollout Goes Smoothly in Connecticut

The state has administered nearly half its allotted Covid-19 vaccine doses, compared with about 28% nationally. ....

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When to Tap Social Security: The Sometimes Surprising Answer From Online Calculators

When to Tap Social Security: The Sometimes Surprising Answer From Online Calculators
The conventional wisdom is to wait as long as possible. But that isn’t always the best advice.
By
Neal Templin
Jan. 8, 2021 5:23 pm ET
One of the most complicated and consequential decisions in retirement when to start collecting Social Security has been transformed by online calculators.
The conventional wisdom says that you should wait to claim benefits as long as possible, to maximize your payments. But one size doesn’t fit all, and people’s circumstances are often different than the standard assumptions about expected lifespan and career plans. ....

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