Business
This fall is expected to be rough for the industries hit hardest during the pandemic. That’s when certain payroll protection provisions under the CARES Act expire, which means a new wave of layoffs are expected. Abe gives encouragement and advice for those near retirement who are concerned their job could be in danger. He also clarifies one of the downsides of maxing out your 401(k): Without proper planning, it could increase the taxes you owe on Social Security.