Employee benefits experts tell Business Insurance magazine that Congress almost certainly will extend the COBRA health care subsidy, which begins to expire today for some beneficiaries. Consensus seems to be the subsidy extension vote will occur in mid-December or later in the month, but no one seems sure about the details of the extension legislation. [...] [read full article…]
It’s time to gather your wits and face the market. After last year’s harrowing plunge, it looks like most of us will finish 2009 with a small gain–Fidelity Investments reports that its retirement investors’ median return for the 12 months ending Sept. 30 was 0.4 percent. OK. it’s not much to write home about but [...] [read full article…]
The new RR Guide on 50+ jobs points the way toward industries where prospects are brightest for 50+ workers. The good news: older workers are highly valued in some industries. The bad news: unemployment tends to last longer than it does for other age groups, and age discrimination is a fact of life [read full article…]
The profession of geriatrics suffered a huge loss earlier this month when Dr. Gene Cohen died. Cohen, who died from metastatic prostate cancer at age 65, was a pioneer in geriatric psychiatry, and he played an enormous role in revolutionizing our thinking about aging. Cohen was especially well known for his research on the effects [...] [read full article…]
Marc Freedman of Civic Ventures writes in Business Week that we need a series of new systems and approaches to facilitate midlife transitions to encore careers. Among the needed changes: adapting educational programs, new financing, and public policy innovations. Writes Marc: “Today an unprecedented number of Americans are coursing through their 50s, bound for a dramatically [...] [read full article…]
