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1/16/2013 - What Is Driving Growth in Government Spending? (New York Times)

by on January 16, 2013 9:40 pm
It’s one of the most fundamental political questions of our time: What’s driving the growth in government spending? And it has a relatively straightforward answer: first and foremost, spending on health care through Medicare and Medicaid, and other major social insurance and entitlement programs. But I thought it was worth reviewing the evidence in a… Read more 1/16/2013 - What Is Driving Growth in Government Spending? (New York Times)

1/16/2013 - U.S. business executives call for raising retirement age to 70

by on January 16, 2013 6:15 pm
A business group of top executives on Wednesday proposed reforms to Social Security and Medicare that would raise the enrollment age for both programs to 70 but not raise Social Security taxes paid by upper-income Americans. Read the full article at Reuters.

1/15/2013 - Study: More to Meal Delivery Than Food

by on January 16, 2013 5:46 pm
Brown University health researchers crunched numbers — from Medicare, states and counties, the federal Administration on Aging and more than 16,000 nursing homes — from 2000 to 2009, publishing their findings in the journal Health Services Research. The connection they discovered between home-delivered meals and the nursing home population will come as welcome news (though not really… Read more 1/15/2013 - Study: More to Meal Delivery Than Food
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1/12/2013 - Over 50, and Under No Illusions (New York Times)

by on January 14, 2013 7:30 pm
It’s a baby boomer’s nightmare. One moment you’re 40-ish and moving up, the next you’re 50-plus and suddenly, shockingly, moving out — jobless in a tough economy. Too young to retire, too old to start over. Or at least that’s the line. Comfortable jobs with comfortable salaries are scarce, after all. Almost overnight, skills honed… Read more 1/12/2013 - Over 50, and Under No Illusions (New York Times)
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1/11/2013 - Tenure, Tracked (EBRI)

by on January 14, 2013 7:28 pm
When it comes to things like working careers, there is a widespread assumption that past generations worked for a single employer for all, or most of his/her working years, and then retired with a pension and a gold watch. In contrast, current American workers are believed to change jobs (much) more frequently. In fact, many… Read more 1/11/2013 - Tenure, Tracked (EBRI)
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1/9/2013 - Diversity Research Clarifies Issues, Offers Solutions (Vanguard)

by on January 14, 2013 7:27 pm
In recent years, there has been a growing interest in the study of workforce diversity in defined contribution (DC) retirement plans—and in particular, the role of race and ethnicity in savings and investment choices. To help inform plan sponsors about the differences in savings and investment behavior among Asian, black, Hispanic, and white participants, Vanguard… Read more 1/9/2013 - Diversity Research Clarifies Issues, Offers Solutions (Vanguard)

1/14/2013 - As Hepatitis C Sneaks Up On Baby Boomers, Treatment Options Grow

by on January 14, 2013 7:23 pm
Two out of three Americans living with hepatitis C infection are baby boomers. A recommendation last fall from the CDC underscores the magnitude of the problem. The agency says everybody born between 1945 and 1965 — around 79 million baby boomers — should be tested for hepatitis C. Read/listen to the full story at National… Read more 1/14/2013 - As Hepatitis C Sneaks Up On Baby Boomers, Treatment Options Grow

1/12/2013 - Over 50, and Under No Illusions

by on January 12, 2013 7:18 pm
The recession and its aftermath have hit older workers especially hard. People 55 to 64 — an age range when many start to dream of kicking back — are having a particularly hard time finding new jobs. For a vast majority of this cohort, being thrown out of work means months of fruitless searching and… Read more 1/12/2013 - Over 50, and Under No Illusions
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1/9/2013 - Fiscal Cliff Aftermath: New Option for 401(k) Savers (Time)

by on January 10, 2013 6:08 pm
In an effort to unlock tax revenue, not just raise rates on the wealthy, architects of the fiscal cliff deal handed certain retirement savers a small bonus: You can now convert traditional 401(k) plan assets into a Roth 401(k) regardless of age and employment status. Read the full article at Time.
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1/8/2013 - Taming the health-care monster? (The Washington Post)

by on January 10, 2013 6:06 pm
Are we finally controlling health spending? Few issues loom larger in the economic outlook. For years, spiraling health costs — mainly for Medicare and Medicaid, which serve the elderly and the poor — have consumed a growing share of the federal budget. Meanwhile, rapid increases in premiums for employer-provided insurance have squeezed take-home pay. So… Read more 1/8/2013 - Taming the health-care monster? (The Washington Post)