Economy & World
Italy’s 2027 budget cuts income tax for a year, pensions permanently
The EUR 26 billion package extends the 33% income tax rate to earnings up to EUR 55,000 and widens the flat tax for the self-employed, while weaker...
Pensions
Retirement
Pension funds face a demographic squeeze as longevity outruns contributions
A new global index finds 43 of 55 pension systems have fertility rates below the replacement level, while life expectancy at 65 has risen more than...
Retirement
Italy wants everyone to retire at 64 and pay less tax on pensions: the government’s budget plan
Labor undersecretary Claudio Durigon has set out the two tracks of Italy’s next budget law: a universal exit at 64 and a cut in the average tax...
Economy & World
Social Security Earnings Test 2026: How Much You Can Earn at 62 Before Benefits Are Reduced
If you claim Social Security before full retirement age and keep working, the 2026 earnings test withholds $1 of benefits for every $2 you earn...
