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    News You Should Know: House Committee Takes Action on WEP/GPO Bill

    News You Should Know

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    September 28, 2022

    House Panel Advances Bill Repealing 2 Unpopular Social Security Rules | ThinkAdvisor

    The House Ways and Means Committee gave its approval to The Social Security Fairness Act, which would repeal Social Security’s Windfall Elimination Provision (WEP) and the Government Pension Offset (GPO). Analysts say the bill still faces a very challenging road ahead, with a low likelihood of getting to a floor vote before the end of the year.

    Student Loan Relief Could Help Retirement Savings, but Debt Remains a Concern | Pensions & Investments

    The Biden Administration announced plans to forgive up to $20,000 in student debt for some borrowers. Experts say loan forgiveness could give younger workers extra cash they can set aside for retirement instead of paying down debt.

    Inflation Means the IRS Could Soon Change Your Tax Bracket. Here’s What to Know. | CBS News

    The current period of high inflation means the IRS may need to adjust its tax brackets accordingly. Nothing is official yet, but here are some estimates of what inflation-adjusted income brackets could look like.

    Drinking Tea May Lower Risk of Diabetes, Heart Disease and Death | NBC News

    You might just find better health at the bottom of a cup of tea – or rather, several cups a day. Recent research solidifies the link between tea drinking and reduced risk of certain medical conditions. In particular, at least four daily cups of black, green or Oolong tea have been found to reduce the risk of type 2 diabetes by 17 percent over 10 years.


    News You Should Know is a digest of news from publications around the nation about finance, investing, and retirement.

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