What The Second Stimulus Bill Means For Your Retirement Accounts

In the waning days of 2020, Congress passed a second Covid-19 relief bill as part of the Consolidated Appropriations Act, which was then signed into law on Dec. 27. While the $600 stimulus check is the most touted (and perhaps most controversial) aspect, this bill, like the CARES Act before it, also includes provisions that may affect your retirement account.
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The Social Security Retirement Age Could Change. What That Could Mean for Benefits

As Social Security faces funding issues and life expectancies increase, the program could raise the age when people are eligible for full benefits.
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ALS Patients to Gain Quicker Access to Disability Benefits and Medicare

People with ALS often must quit their jobs — and sometimes their spouses do, too, to provide care — leaving families in financial distress. A decade-long campaign by advocates highlighting this predicament notched a victory last month when Congress passed a bill opening key support programs earlier for ALS patients.
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People with disabilities desperately need the vaccine. But states disagree on when they’ll get it.

For weeks, Wendy Lincicome has been asking the same question. She asks it on the phone. She asks it in emails to state officials. She cares for an epileptic blind man with cerebral palsy 24 hours a day, and when he is asleep, she types her question into Google.
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The Social Security Retirement Age Increases in 2021

Workers with an older retirement age get smaller Social Security payments throughout retirement.
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EEOC Releases New Details on Systemic Age Discrimination: What You Can Do

In a press release on Friday, the U.S. Equal Employment Opportunity Commission (EEOC) made it very clear: job postings conveying preference — for example, “recent graduate”, young”, “energetic”, is an example of a recruiting practice that may involve systemic age discrimination.
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