Are you seeing more Retirement/early retirement at work?

[The Walk of the Penguin Mich]

Dec 26, 2020 18:46:40 GMT -5 jerseygirl said:

The bill he doesn’t want to sign gives $600 per person for Covid, he wants $2000 per person snd to eliminate much of the handouts to other countries, 2 new museums etc
Unfortunately he should have insisted on these when Mnuchin was negotiating with Pelosi

It’s all part of the same thing.

[NastyWoman]

Dec 26, 2020 18:46:40 GMT -5 jerseygirl said:

The bill he doesn’t want to sign gives $600 per person for Covid, he wants $2000 per person snd to eliminate much of the handouts to other countries, 2 new museums etc
Unfortunately he should have insisted on these when Mnuchin was negotiating with Pelosi

That wouldn't have taken much as the bill the Dems put forward contained the $2'000 the Loser claims to want. He should have talked to the Repubs to get that. Rule π1 when negotiating: make sure you are talking to the relevant party 

[minnesotapaintlady]

Dec 27, 2020 2:40:46 GMT -5 NastyWoman said:

Dec 26, 2020 18:46:40 GMT -5 jerseygirl said:

The bill he doesn’t want to sign gives $600 per person for Covid, he wants $2000 per person snd to eliminate much of the handouts to other countries, 2 new museums etc
Unfortunately he should have insisted on these when Mnuchin was negotiating with Pelosi

That wouldn't have taken much as the bill the Dems put forward contained the $2'000 the Loser claims to want. He should have talkod to the Repubs to get that. Rule π1 when negotiating: make sure you are talking to the relevant party 

But he wouldn't get any credit going that route, this way he gets to be the hero!  Trump standing up to that nasty congress to get the people more money.  He's also not stating which particular bloat provisions should be cut either.  Let congress be the bad guys there. 

The whole thing is ridiculous. This shouldn't take this long.  Dems and president want 2K each?  Fine.  Then go in and cut something that is costing about the same.  I can't believe we have enough congressmen that committed to crap like tax cuts for racehorse owners that it can't be voted out. 

[jerseygirl]

Congress is made of incompetent do nothing fools
I’m always surprised that they can get around to collecting campaign funds
Guess we’re also fools for voting for them

[pulmonarymd]

You get the representation you deserve

[The Walk of the Penguin Mich]

Dec 27, 2020 14:01:26 GMT -5 jerseygirl said:

Congress is made of incompetent do nothing fools
I’m always surprised that they can get around to collecting campaign funds
Guess we’re also fools for voting for them

How many bills passed by the House are still on McConnell’s desk now?  Last I heard, it was over 200.

This would suggest someone is doing something.  

[TheOtherMe]

Dec 27, 2020 15:15:54 GMT -5 The Walk of the Penguin Mich said:

Dec 27, 2020 14:01:26 GMT -5 jerseygirl said:

Congress is made of incompetent do nothing fools
I’m always surprised that they can get around to collecting campaign funds
Guess we’re also fools for voting for them

How many bills passed by the House are still on McConnell’s desk now?  Last I heard, it was over 200.

This would suggest someone is doing something.  

Also suggests McConnell has been too busy voting on judges to do his job.

[thyme4change]

Dec 26, 2020 18:46:40 GMT -5 jerseygirl said:

The bill he doesn’t want to sign gives $600 per person for Covid, he wants $2000 per person snd to eliminate much of the handouts to other countries, 2 new museums etc
Unfortunately he should have insisted on these when Mnuchin was negotiating with Pelosi

Those are two separate bills, traveling together, and the foreign aid amounts are routine AND exactly what Trump requested.

That said - he signed them both because he knew he was looking like an infected foreskin.

[Ryan]

I don't see a lot of people retiring early.  Seems like people are actually working longer because of COVID.  If you had tech skills to do the job in the office, then you can do it from home as well so we don't really have employees that are feeling overwhelmed from a tech standpoint.  If anything, I think COVID is delaying retirement for people since 1) If you're near retirement, you're probably somewhat cautious so you're not going to retire and start traveling.  2) You're working from home, so it's much easier.  

[Lizard Queen]

In a department meeting this morning,  a person in another department was mentioned  in regards to retirement.  He's now eligible,  per his pension.  He refuses to disclose,  which is his right. He's in my group  thats sits together at lunch (pre-pandemic), and he mentioned as such.  Since he's a line worker,  he's in one of the most important,  highest paid areas in our utility.  So, for us bean counters, the story was a budget for a new apprentice for whenever he decides to  quit.  I'm guessing with the pandemic,  there's not much to do besides work, so why not build up the pension a little more?  After all those years, he gets beaucoup  PTO anyway. 

[Tiny]

Dec 27, 2020 21:19:16 GMT -5 thyme4change said:

Dec 26, 2020 18:46:40 GMT -5 jerseygirl said:

The bill he doesn’t want to sign gives $600 per person for Covid, he wants $2000 per person snd to eliminate much of the handouts to other countries, 2 new museums etc
Unfortunately he should have insisted on these when Mnuchin was negotiating with Pelosi

Those are two separate bills, traveling together, and the foreign aid amounts are routine AND exactly what Trump requested.

That said - he signed them both because he knew he was looking like an infected foreskin.

I think there was more jockeying for position...   When the Democrats OK'd the 2000 per person (something I'm guessing the Republicans DON"T want) the Republicans threw in some conditions like looking into Voter Fraud and something else that trump wanted.   What better way to add to the legitimacy of the widespread Voter Fraud than to have another official something looking in to it??    Now it's back on the Democrats - if they reject the bill - THEY are rejecting the 2000 that trump dearly wanted to give the poor suffering Americans.  

I also saw that the incumbent Georgia senators jumped on the "Yes! Yes!  Give people 2000!!! We must help struggling Americans"   -  I'm wondering how much of this is to prolong the process in order to help the incumbent Georgia senators win their election.     

I probably won't get any of this money (I didn't get any of the first one)... but even so, I find using Americans (and businesses) that need this money as a Pawn to further one's political positioning to be rather ugly.    I would hope Republican voters see how they are being played/used. 

[thyme4change]

This could be the left wing conspiracy machine, but does this have anything to do with it? Trump actually is trying to take this down because it will expose him and his cronies. It does seem like a stretch. Isn't this already passed and done?

www.natlawreview.com/article/congress-passes-corporate-transparency-act-veto-proof-majority

[teen persuasion]

Oct 22, 2020 9:49:33 GMT -5 teen persuasion said:

DH just last night mentioned someone at his agency was leaving unexpectedly (didn't use the word retirement). It wasn't a teacher, maybe in administration.

DH has been ready mentally to retire for a while, and the itch got stronger this spring/summer teaching remotely. I've been crunching the numbers, and tentatively thinking next year (finish out the school year). Not sure if I want to quit, too, or keep going a bit longer; generally I like my part-time job, but having no vacation time is a deterrent to traveling to see our grandson, but Covid is a deterrent, too, right now.

This spring/summer, when things were shut down and we were both working half-assed from home, was a great trial run for retirement. It's not the job we dislike, it's the forced schedule we hate. Get up in the dark, go somewhere when we don't want to, working late messes up dinner, etc.

My coworker's DH is a teacher, too, and he's hanging on to eek out a bit more pension before retiring (started teaching later), so she's kind-of in the same position, crunching numbers and ready to bolt soon, too. Which means the director/board will need to hire new staff eventually to replace us. It's tricky - add staff now to train them before we take our knowledge away with us, but that strains a tight budget and someone/everyone loses hours/pay. We'd both love to ditch our evening hours, but a new hire couldn't realistically work alone at night until they get more experience.

Complicating all this is college plans - next year should be the first year included on DS5's FAFSAs. We'd want to target AGI < $27k. It's easy if we are both not working (Roth conversion ladder). It's trickier but probably ok if DH works a half year and most of my income goes to my SIMPLE IRA. If only I am working, I reduce/stop retirement savings, and we mostly spend my income, bit of Roth conversions. If DH doesn't quit and we continue working (ACA goes away, need health insurance), it's a much finer needle to thread - we have to max everything tax deferred from 1/1/21 to stay under the cliff.

So we can't just wing it - need to decide on max retirement, or maintain status quo. And open enrollment is fast approaching.

DH has pretty much decided to finish out the school year, and quit (so end of June).

The new Stimulus bill included FAFSA changes/simplification that would take effect 23/24 school year, DS5's first year of college.  I've been parsing the sections regarding FAFSA changes.  Going from 108 questions to 36 (but I see only 20/XX listed in the text).  Dropping the state tax proxy altogether (that helped us).  Increased Income Protection amounts but dropped the division of EFC between multiple students (shouldn't affect us with one student, but hurts others). Biggest change seems to revolve around auto EFC = zero and SNT (actually, both get new names: Student Aid Index and ?? something I don't remember ATM). Auto SAI = 0 if you qualify for max PELL, based on AGI < 175% federal poverty level for married parents (225% for single parents). SNT AGI threshold raised to $60k, other changes in secondary eligibility criteria (left out free/reduced lunch, added others).

So now I'm completely rethinking our target AGI, might want to do more Roth conversions while we still have a bunch of nonrefundable credits (dependent reliant) to cover the federal tax cost (normally they go to waste). But we'd lose a lot of EITC and state EITC, and owe more state tax on the conversions, in effect a shadow marginal tax rate of 21% + 6.3% + 5ish % = 33ish % rate. Or we stay slow on conversions and hope to get enough done over 15 or so years. But rates and brackets revert in a few years. Flip-flop-flip-flop...