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The verdict marks the end of the first-ever jury trial over whether tech giants should be held accountable for social media addiction. It may influence the outcome of 2,000 other pending lawsuits.
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Meta is laying off hundreds of employees as it pours money into AI The VergeMeta Lays Off 700 Employees, While Rewarding Top Executives The New York TimesMeta lays off hundreds amid AI spending, fizzled metaverse plans The Seattle TimesMeta cutting several hundred jobs across Reality Labs, Facebook and other departments CNBC
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Iran appears to have adopted a "calibrated strategy" in the Strait of Hormuz — allowing only certain vessels to pass through the crucial waterway.
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Are you thinking of retiring soon? Perhaps earlier than you had planned years ago? A potential hurdle could be the incentives set up by the Social Security Administration - they calculate your benefits to reward you for staying in the workforce.
But if you are looking to take an early retirement, you're not alone.
SEE MORE What If I Retired Today?
In the first 15 months of the COVID pandemic (March 2020-May 2021), about 2.5 million Americans retired. That was about twice the number of people who retired in 2019. This means there were essentially 1.2 million fewer people in the workforce over the age of 55 than would otherwise be expected.
First, find out what Social Security benefits you can expect
For anyone born in 1943 or later, your full retirement age, as defined by the Social Security Administration, is between age 66 and 67, based on your birth year. If you're contemplating retiring before that, it's important to know that the Social Security program has been orchestrated to incentivize beneficiaries to delay claiming benefits. Specifically:
If you start taking benefits at age 62, your Retirement Benefit will shrink by 25% to 30%, depending on your birth year. That's because your lifetime annual benefits are decreased by approximately 8% for each year prior to your full retirement age you start to claim them.Conversely, your lifetime annual benefits increase by 8% for each year past your full retirement year if
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