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Main Home Page   Members Home Page   Public Relations Dec. 21, 2010
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Obama signs tax deal into law
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President Barack Obama signed an $858 billion tax bill into law, saying, "This is progress, and that's what (the American people) sent us here to achieve." Obama was flanked on stage by both Democrats and Republicans, including Senate Minority Leader Mitch McConnell, who was instrumental in getting the bipartisan legislation passed. Incoming House Speaker John Boehner, however, did not attend the signing.
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Estate tax will return next year, but few will pay it
The New York Times    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Almost no one will have to worry about paying the estate tax under the tax legislation just approved by Congress. By one estimate, from Alan Rothschild, the chairman of the American Bar Association's real property, trust and estate law section, less than one-half of 1 percent of people who die in 2011 will be hit by the estate tax. In contrast, 10.5 percent paid the estate tax in 1977. More

Indiana Farmer Stumbles onto Silver Dollars in Basement


We all forget things. But an Indiana farmer recently discovered a crate of Morgan Silver Dollars he tucked away in his basement decades ago. And what a find! Each coin is dated 1921, and collectors are scrambling to get them, because they're the last Morgan Dollars ever minted. Read the whole story here.

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Pay and benefits watch:Wrapping up
Government Executive    Share    Share on
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As the holidays approach and 2010 winds down, federal employees and retirees should take advantage of an opportunity to make last-minute adjustments to their investments. Those invested in the Thrift Savings Plan also have a number of deadlines to keep in mind as the year comes to a close. The TSP has a special schedule for processing payments before Jan. 1. More

Department of Energy announces its own pay freeze
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Following President Obama's recent proposal for a two-year pay freeze for all civilian federal workers, U.S. Energy Secretary Steven Chu announced a decision to stop salary and bonus pool increases for site and facility management contractor employees, who manage day-to-day operations at certain Department of Energy sites and facilities, including national laboratories. More

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Low 'good' cholesterol may raise Alzheimer's risk
Medical News Today    Share    Share on FacebookTwitterShare on LinkedinE-mail article
A low level of high-density lipoproteins (HDL), commonly known as "good" cholesterol, may raise the risk of developing Alzheimer's disease, say U.S. researchers, who caution their findings still need to be confirmed by other studies. The researchers, from Columbia University College of Physicians & Surgeons, New York, report their investigation in a study published in the December issue of Archives of Neurology, a JAMA/Archives journal. More



What to do when job searching takes longer than expected
Woodstock Sentinel Review    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Even the most talented, educated and experienced job seekers may have a difficult time finding a job in today's economy. Although people may hope their transition between jobs will last only a few weeks, the reality is that many job seekers spend months, or even a year, trying to secure work. This delay can wreak havoc on a job seeker's confidence, motivation and sense of pride — all of which are characteristics critical to achieving success in the job market. More

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Resources available to help grandparents raising families
The Coloradoan    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Grandparents raising grandchildren often use the word "bittersweet" to describe their journey through a maze filled with challenges and obstacles. Linda Tanner, who is raising her grandchildren, often uses that descriptor. "You're relieved to know that your grandkids are safe and living with you, but it also takes you out of the role of being a grandparent. It's very different than grandparenting." More



Renovate, not relocate, is new trend for boomers
Chicago Tribune    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Uneasiness is keeping some aging baby boomers in their current homes, even though that's not what they had in mind. As realtor Allan Domb, who sells condos in Philadelphia, sees it, "The decline in prices in the suburbs appears to be keeping a lot of aging boomers from selling and moving to something befitting their changed lifestyle." That and "general uncertainty over the economy and personal finances, and a desire to see house/condo prices bottom before making a move," said Philadelphia economist Kevin Gillen, vice president at Econsult Corp. More

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Tales of identity theft and 5 tips to avoid it while holiday shopping
Wallet Pop    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Identity theft is a problem that isn't going away anytime soon. With more than 11 million victims in the United States in 2009, it's a very real problem that can become an even bigger hassle during the holiday shopping season, when shoppers are busier (and more distracted) than usual and hunting for a good deal. While thieves often use a victim's identity for credit card fraud, they'll also use it to get a job or to receive health care, according to CreditCards.com. Thieves also don't care whether a victim has good credit or bad. As long as thieves can use their victim's good name to commit fraud, they'll be happy to steal his or her identity. More



For air travelers, holidays are the season for delays
USA Today    Share    Share on FacebookTwitterShare on LinkedinE-mail article
History suggests that holiday air travelers are in for a rocky ride. The three weeks from mid-December through the New Year holiday are the most delay-prone period of the year at airports, according to a USA Today analysis of years of federal data and interviews with airport and airline officials. Christmas time actually isn't the busiest of the year in the air, according to the analysis. The numbers of passengers and flights are substantially below those of the busiest days, which typically occur during the summer. More

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A NARFE member asks about Social Security earnings limits in 2011
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Question: Will there be any changes in Social Security earnings limits in 2011? More

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Join NARFE now before prices go up
NARFE    Share    Share on FacebookTwitterShare on LinkedinE-mail article
By joining NARFE now, you will save $12. At the recent NARFE National Convention, delegates voted to raise NARFE dues. The new first-year dues rate of $45 takes effect Jan. 1. Join now at the current $33 rate and save. NARFE is the only association dedicated solely to protecting and enhancing the health care and retirement benefits of federal employees and survivors. More

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NARFE NewsWatch from the National Active and Retired Federal Employees Association
Disclaimer: The articles that appear in NARFE NewsWatch are chosen from a variety of sources to reflect topics of interest to active and retired federal employees. With the exception of Federal Benefits Question of the Week and News From NARFE, an article's inclusion in NARFE NewsWatch does not imply that the National Active and Retired Federal Employees Association (NARFE) endorses, supports or verifies its contents or expressed opinions. Factual errors are the responsibility of the listed publication.

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