April 16, 2014

Stimulus law helps retirees, unemployed

The economic stimulus package, formally known as the American Recovery and Reinvestment Act, contains provisions that will provide retirees with one-time payments of $250, extend unemployment benefits an additional 13 weeks, and subsidize employee-paid health-care insurance for laid off workers participating in COBRA. Railroad Retirement and Social Security annuitants will be receiving a one-time $250 [...]