Friday, Feb 26, 2021 - 05:38:59
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couples earning:

    WASHINGTON -- House Democrats have rejected a Republican proposal to significantly narrow eligibility for further stimulus payments and are moving forward with legislation that would provide $1,400 stimulus payments per person.But the payments would phase out faster than earlier rounds and completely cut off individuals earning more than $100,000 and couples earning more than $200,000, according to the bill text, which the House Ways and Means Committee is set to debate Wednesday.Under the plan put forward Monday by Chairman Richard Neal, a Massachusetts Democrat, the full payment would go to individuals earning less than $75,000 a year and married couples earning less than $150,000 -- like previous stimulus checks. Joint filers would receive $2,800 plus another $1,400 per dependent.It would not narrow eligibility as significantly as a Republican-backed proposal, which would have excluded an estimated 29 million households that received earlier payments.EMBED More News Videos President Biden sits down with...
    Washington (CNN)House Democrats have rejected a Republican proposal to significantly narrow eligibility for further stimulus payments and are moving forward with legislation that would provide $1,400 stimulus payments per person. Comparing the Biden and GOP stimulus plansBut the payments would phase out faster than earlier rounds and completely cut off individuals earning more than $100,000 and couples earning more than $200,000, according to the bill text, which the House Ways and Means Committee is set to debate Wednesday. Under the plan put forward Monday by Chairman Richard Neal, a Massachusetts Democrat, the full payment would go to individuals earning less than $75,000 a year and married couples earning less than $150,000 -- like previous stimulus checks. Joint filers would receive $2,800 plus another $1,400 per dependent.It would not narrow eligibility as significantly as a Republican-backed proposal, which would have excluded an estimated 29 million households that received earlier payments.The GOP...
    (CNN)Congress is negotiating a fresh stimulus package that would include a third round of stimulus checks, but while there's broad agreement on the need for more direct payments, it will take weeks before any go out. Comparing the Biden and GOP stimulus plansThe upcoming second impeachment trial of former President Donald Trump will push back any congressional action, and lawmakers are scheduled to be on recess over President's Day -- meaning there may not be progress on a deal until later in the month. It takes at least several days to get the first payments processed after any legislation is signed, and has taken months to deliver payments to everyone who's eligible. Treasury is still trying to reach some people who should have gotten paid in the first round last year.What to know about the timelinePresident Joe Biden is urging lawmakers to include money for additional direct payments in a...
    When you’re part of a couple, you make financial decisions together. That’s especially true for the critical decision about when to start collecting Social Security benefits, which can mean a lot of money over many years. In a perfect world, everyone would wait until he or she turns 70 to claim benefits, even if it means having to sell stocks at a loss, because that’s when you max out your benefits and every year you wait gets you an automatic 8% increase. Sometimes, though, taking Social Security at 62, when you first become eligible, can make sense, no matter what the Personal Finance Police tell you. Those general rules of thumb still hold in claiming Social Security for couples. The rules are more straightforward since Congress ended the “file and suspend” strategy, a benefit-maximizing loophole big enough to drive an 18-wheeler through. But there are some wrinkles you need...
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