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Face the Facts: Plan Aims to Reform Pension Plan for Municipal Retirees
Comptroller Sean Scanlon (D) discusses the bipartisan plan to reform the pension plan for municipal retirees, which has been a problem for decades.
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Face the Facts: Plan Aims to Reform Pension Plan for Municipal Retirees
Comptroller Sean Scanlon (D) discusses the bipartisan plan to reform the pension plan for municipal retirees, which has been a problem for decades.
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These Are the Best—and Worst—U.S. States for Retirees Based on Health Care, Wellness, Safety and More
A recent list of the best states to retire in explores not just affordability, but also health care and wellness. Here’s which states made the top 10.
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The 10 Best States to Retire in—and Florida Isn't No. 1
Florida no longer ranks as the best state to retire in and a new location has taken the top spot, according to WalletHub’s latest study. Check out the top 10.
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France Wants to Raise the Retirement Age by 2 Years and Workers Are Furious
Hundreds of thousands of people filled the streets of France Thursday for the 11th day of nationwide resistance to a government proposal to raise the retirement age from 62 to 64.
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A 67-Year-Old American Shares What Retirement Is ‘Really' Like—With ‘No Work and All That Free Time'
In 2006, 67-year-old Janet Blaser left the U.S. for Mazatlán, Mexico and retired by the beach. While retirement may sound like a dream, she says there were many downsides. Here’s how she overcame them, and now lives a happy life in her $420-per-month rental apartment.
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The Last Chance for Some Retirees to Avoid a 25% Tax Penalty Is April 1
If you turned 72 in 2022, the last chance for your first mandatory retirement plan withdrawal is April 1 — or you may face a hefty tax penalty. Here’s how to avoid it.
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Here's How After-Tax 401(K) Contributions Can Help With Those Big Retirement Savings Goals for 2023
If you’re planning to max out your 401(k) plan for 2023 and want to save more, you may consider after-tax 401(k) contributions. Here’s what you need to know.
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75% of Retirees Fall Short of a Key Retirement Income Goal. These Steps Can Help
The moves you make now can help make your lifestyle more comfortable in retirement later.
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New Retirement Account Rules Make It Easier to Tap Savings Early for Emergencies
The $1.7 trillion bill to fund the federal government through next September has measures related to tapping retirement savings for financial hardships.
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Manchester Race Director Retiring After This Year's Race
The Manchester Road Race is one of the country’s oldest Thanksgiving running events. Thursday will be the 86th race, but for the past 43 years it has been overseen by a race-director who will be retiring after this year. Since the late 1970s, Jim Balcome has become synonymous with this race. The former Rockville High School guidance counselor and track…
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Manchester Road Race Director Retiring After Four Decades
The man who has been the Manchester Road Race director for more than 40 years will retire after this year’s race.
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Here's How Much Per Month Social Security Recipients Will Get in 2023
Retirees will see a major increase in benefits this January when a new cost-of-living adjustment is added to Social Security payments.
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Social Security Recipients Get 8.7% More in 2023
The cost-of-living adjustment means the average recipient will receive more than $140 extra a month beginning in January.
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Trinity Field Hockey Excels as Head Coach Readies for Retirement
Trinity College field hockey is 9-2 on the season and once again a contender for the postseason. They have their sights set on the tournament for their coach, who will retire at the end of the season.
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Thinking About Retiring Early? What You Should Know
Have you ever thought about quitting your job permanently and retiring early? Well, you’re not alone. Throughout the pandemic, many people have been thinking about substituting their careers for something that will make them happier in life. LX News Storyteller Eric Rodriguez explores early retirement and things to consider before doing so.
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Special Olympics Connecticut President Retires After 36 Years
Beau Doherty, president of Special Olympics Connecticut, is retiring at the end of August, leaving behind a legacy felt across the globe.
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‘Super Savers' Are Setting Aside 50% of Their Income to Retire Early
Cutting back on the three major expenses — housing, transportation and food — is key for “Super Savers,” who are saving at least half their income in an attempt to retire early. Insider senior investing reporter Kathleen Elkins interviewed several Super Savers, and joins LX News to discuss the frugal group.
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Hamden Police Officer Dies 2 Days After Retirement
The community is remembering a police officer who made a difference in his hometown of Hamden.
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Former East Windsor Officer Gets Disability Retirement
An East Windsor police officer that was originally fired for arresting a fleeing suspect across the state line in Massachusetts has been allowed to resign instead.