Sentences with phrase «age increased by»

Anyone 32 or younger would have their retirement age increased by 60 months (5 years).

For workers born in 1938 through 1942, the age increases by two - month increments for each birth year (i.e., for birth year 1938, normal retirement age is 65 and two months).

Not exact matches

In 2012, travel to Canada by the under - 25 age group increased by almost one - quarter.

Closing the education gap faced by working - age men of color, for example, would boost their aggregate annual earnings by $ 170 billion; average weekly earnings among U.S. workers would rise 3.6 percent; and total U.S. GDP would increase by 1.8 percent, according to the Council of Economic Advisers.

The survey, comprising 1,000 Americans aged 40 to 59, concluded that having more financial security was the No. 1 life change that respondents said would increase their overall happiness — exceeding, by far, alternative options like building stronger relationships, cultivating more meaning and purpose, and having more time in the day.

As our country's population continues to age (according to the U.S. Census, by the year 2030, there will be over 57.8 million «baby boomers» between the ages of 66 and 84), the demand for quality homecare is sure to increase.

While both Home Depot and Lowe's have benefited enormously from the home improvement boom caused by increasing home values and the aging housing stock in the United States, Lowe's has not been as adept at capitalizing on that.

In fact, last year there was an increase in annual trips by every age group and household income, with the exception of those who earned more than $ 150,000, according to Airlines for America.

The OECD reports that since 1999, normal pension ages among its member countries increased by more than two years.

«With increasing age, people get more pleasure out of everyday experiences; while younger people define themselves more by extraordinary experiences, a new study finds,» reports PsyBlog.

Balances do tend to increase with age, yet even so, roughly three - fourths of people surveyed by the institute had less than the average $ 76,000 in their accounts.

For each year you postpone claiming Social Security, your income increases by 8 percent until you reach age 70.

«With increasing age, people get more pleasure out of everyday experiences; while younger people define themselves more by extraordinary experiences,

A study by JPMorgan calculated median annual health - care costs for today's 65 - year - olds at $ 4,660, but they project annual increases of 6.2 percent to 7 percent as that group ages, so that by 2036, when those people are 85, their median annual health - care spending will reach roughly $ 18,000.

The rate of suicide for boys in that age group, on the other hand, has increased by 37 %, according to the CDC.

The critically - acclaimed Amazon drama Transparent — created by Jill Soloway and inspired by her own father's transition at age 75 — won the 2015 Golden Globe for best TV series, musical or comedy, thereby increasing its odds to score an Emmy (or two) come September.

CPP increases by 0.7 % per month or 8.4 % per year that you delay drawing the pension after the age of 65.

And your benefits increase by 8 percent per year for each year you delay collecting, up until age 70.

Each year you delay claiming your benefit between age 62 and 70, your benefit increases by 7 percent to 8 percent.

But, if that retired worker chooses to, he / she can delay benefits up until age 70 — and the size of those monthly benefits will increase by 8 % for every year after the age of 66 they wait.

While the age increase was implemented to curb asset shifting by the wealthy, it has the unintended consequence of penalizing teenagers who work and save their money and parents who save for college using custodial accounts in their children's names.

The share of companies aged 16 or older has increased by about 50 percent since the late»70s, according to Brookings.

In addition to this secular shift in portfolios, a paper published by the Kansas City Fed predicts a gradual overall increase in bond ownership among people older than 65 compared to the same age group in previous years.

On Wednesday, the Senate Special Committee on Aging, which has investigated price increases by Valeant (vrx) and other drugmakers, sent its own letter to Bresch demanding information about the EpiPen's pricing and market share since 2007.

«By 2020, we aim to increase day care centers to a level where 80 percent of women between the ages of 25 and 44 can continue to work, even with children.»

The Senior $ afe Act will better protect people aged 65 and over from financial exploitation by increasing the likelihood it will be identified by financial services professionals and reported to regulators, Adult Protective Services agencies, and law enforcement authorities.

State and local employees» contributions to the two largest pension systems increased by 10 %, from 5 % to 5.5 % of their annual salaries and increased the retirement benefit age for new public employees, from 55 to 60 years.

To reduce Social Security's projected funding shortfall, the commission would increase the taxable wage base by 2050 to include 90 percent of earnings, to increase the full - and early - retirement ages to 69 and 64 respectively by 2075, to cover newly hired state and local workers after 2020, and to create a hardship exemption allowing those who can not work past age 62 to receive benefits early.

The wealth needed at 65 is discounted to the current age of the person being observed to account for the increase in the amount of existing wealth by age 65 and a second time to account for continuing wealth accrual (i.e. new retirement saving).

Under these circumstances productivity is increased only by working the existing labor force more intensively and cutting back medical insurance, old - age pensions and other social welfare expenditures.

If she waits until age 70, her benefits will increase another 40 %, to $ 2,587 a month.1 And if she were to live to age 89, her lifetime benefits would increase by $ 114,528.

She could then switch to that higher amount, and increase her lifetime benefits by $ 40,000, or almost 10 %, if she lives to age 89.2

Over the past year, the number of people with jobs has increased by more than 2 1/2 per cent, a positive outcome given that the working - age population is increasing at around 1 1/2 per cent a year.

Within program expenses, major transfers to persons were up $ 1.1 billion, primarily due to higher old age security payments, reflecting an increase in the number of recipients and higher inflation, as benefits are indexed to quarterly changes in the consumer price index, major transfers to other levels of government were up $ 0.6 billion, reflecting legislative increases; while direct program expenses declined by $ 0.2 billion, as lower «other transfer» payments more than offset increases in departmental / agency operating costs.

The calculation decreases or increases benefits by a fixed percentage for every month you claim early or late, so people with a lower full retirement age will get more in benefits as a percentage of their full retirement benefit if they claim earlier or later than someone with a higher full retirement age.

Mr. Price, who started the Seattle - based credit - card payment processing firm in 2004 at the age of 19, said he would pay for the wage increases by cutting his own salary from nearly $ 1 million to $ 70,000 and using 75 to 80 percent of the company's anticipated $ 2.2 million in profit this year.

Conversely, if you choose to wait past your full retirement age, your benefit will be permanently increased by 8 % for every year you wait, up to a maximum of 70 years of age.

Preferred audience targeting allows you to identify a specific segment of the population (by age, gender, location, language, interests, etc.) and increase the odds that people in that niche will be exposed to your content in their news feed.

An Analysis of the Economic Circumstances of Canadian Seniors, authored by statistician Richard Shillington of Tristat Resources and released by the Broadbent Institute, also shows the Old Age Security (OAS) and Guaranteed Income Supplement (GIS) guarantee levels are falling behind and trends in income sources for seniors suggest that high poverty rates among seniors will further increase.

Be careful: this can negatively impact your credit score by increasing your credit utilization or reducing the age of your oldest account (don't close it if it's your oldest account).

Most industry and analyst expectations are for US light vehicle volumes to increase again in 2012, underpinned by a very aged fleet of vehicles on the road in the US, reasonable flow of consumer credit for car loans, and a slowly improving US consumer.

A new study by the Employee Benefit Research Institute (EBRI) examines the debt of the older American families, and notes that despite some recent improvements, families with heads ages 55 or older have experienced a long - term trend of increased debt.

By 2030, the number of Americans age 65 and older will reach 74.1 million people, an increase of 85 percent over 2010.

And while student loan balances have grown substantially for borrowers of all ages in the past decade, researchers say the fastest growth has been in total balances held by borrowers age 60 or older, which have increased nearly nine-fold since 2004.

Everyone needs to understand that at some point those promises have to change, either by raising retirement age or increasing contribution rates.

Specific policies include a Canada Employment Credit and Tax Fairness Plan to reduce taxes for working families and seniors; tax credits for public transit, kid's sports, textbooks, tools, and apprentices; increased support to the provinces and territories to create new child care spaces; increasing the Senior Age Credit amount by an additional $ 1,000; and allowing income splitting for caregivers of family members with disabilities.

Life expectancy has increased by 50 % in the last 100 years, according to the Columbia Aging Center.

In addition, to the earnings limitations, taking Social Security before your Full Retirement Age can result in a 6.7 % deduction of benefits each year, while waiting past Full Retirement Age can increase your benefits by 8 % each year until age Age can result in a 6.7 % deduction of benefits each year, while waiting past Full Retirement Age can increase your benefits by 8 % each year until age Age can increase your benefits by 8 % each year until age age 70.

Since 1950, the average retirement age has decreased by about five years and the average life expectancy has increased by more than a decade.

Meanwhile, the share of flipped homes that were purchased by the flipper with financing increased to an eight - year high of 31.5 % in 2016 while the median age of homes flipped increased to 37 years — a new high going back to 2000 — and the median square footage of homes flipped fell to 1422 — a new record low going back to 2000.