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TEL AVIV, Israel (AP) — Two Jewish comedians riffing in a podcast about the idiosyncrasies of their shared heritage have sparked an uproar. It started as a lighthearted conversation between Marc Maron and Seth Rogen but talk soon turned to Israel. In his interview on the popular “WTF with Marc Maron” podcast on July 27, 2020, Rogen said amassing Jews in one country to keep them safe “doesn’t make sense.” Their comments about Israel infuriated many Israel supporters and were interpreted as denying Israel’s right to exist. They highlight the country’s tenuous relationship with young, progressive Jewish critics in the diaspora. Rogen says his comments were made in jest and have been misconstrued. Israel has long enjoyed financial and political support from American Jews but it's faced a groundswell of opposition recently from young progressives disillusioned by Israel’s aggressive West Bank settlement building, its perceived exclusion of liberal streams of Judaism and Prime Minister Benjamin Netanyahu’s cozy relationship with President Donald Trump. 1070

Starting Social Security early typically means getting a smaller benefit for the rest of your life. The penalty is steep: Someone who applies this year at age 62 would see their monthly benefit check reduced by nearly 30%.Many Americans have little choice but to accept the diminished payments. Even before the pandemic, about half of retirees said they quit working earlier than they’d planned, often due to job loss or health issues. Some have enough retirement savings to delay claiming Social Security, but many don’t. And now, with unemployment approaching Depression-era levels, claiming early may be the best of bad options for older people who can’t find a job.But the penalty for early filing, and the bonus for delaying your application, are based on old formulas that don’t reflect gains in life expectancy, says economist Alicia Munnell, director of the Center for Retirement Research at Boston College. The result is a system that unfairly penalizes early filers, unjustly benefits late filers — and hurts lower-income people the most.“Low-income people disproportionately collect benefits at 62 and their benefits are cut too much, and high-income people disproportionately delay claiming till 70 and their benefits are increased too much,” Munnell says. “So you penalize the low-income and you benefit the high-income.”The problem started off as a solutionOriginally, Social Security had one retirement age: 65. In 1956, Congress authorized a reduced benefit for women, to allow them to retire at the same time as their typically older husbands. The reduced benefit option was extended to men in 1961.The amount of the reduction was meant to be “actuarially neutral,” so that the cost to Social Security would be the same whether those with average life expectancies claimed the smaller check earlier or the larger check later.As life expectancies rose, though, early filers wound up living with the penalty for longer. In 1956, a 65-year-old woman had an average life expectancy of 16.9 years. Today, it’s 21.6 years, Munnell says. Instead of being actuarially neutral, in other words, the current system results in early filers with average life expectancies getting less.On top of that, Social Security offers a bonus for those who can afford to wait. A 1% delayed retirement credit was introduced in 1972, and the amount was increased over the years to the current 8%. So each year you put off claiming Social Security past your full retirement age adds 8% to your payment. Full retirement age varies according to birth year and is 67 for people born in 1960 or later.Let’s say your full retirement age is 67 and your benefit, if started then, would be ,000 a month. Starting at 62 would shrink the benefit to 0, while waiting until 70 to begin would boost the amount to ,240.The longer you live, the more you can benefit from a delayed filing — and the higher your income, the longer you’re likely to live. In fact, most of the gains in life expectancy in recent years have accrued to higher-income people.Between 2001 and 2014, for example, life expectancy rose by more than two years for men and nearly three years for women with incomes in the top 5%, according to a study for the Social Security Administration. During the same period, life expectancies for those in the bottom 5% of incomes rose a little less than four months for men and about two weeks for women.How benefits could change to be fairerTo restore actuarial fairness, the penalty for early filing should be lower, Munnell says. Someone who retires at 62 instead of 67 should get 22.5% less, rather than 30% less. Similarly, the bonus for waiting should be reduced to just below 7% per year.“The way it’s set up now, people will get 124% of their full benefit if they wait till 70 and they really should only get 120%,” Munnell says.Obviously, Social Security has bigger problems. Once its trust fund is depleted, as projected in 15 years or so, the system will be able to pay only 79% of promised benefits in 2035. That proportion is estimated to drop to 73% by 2094.When Congress finally gets around to fixing the system, Munnell says, it should consider making the payouts more fair.“I think there’ll be some grand bargain on Social Security at some point because I don’t think anybody’s really going to allow benefits to be cut 25%,” Munnell says. “This [actuarial fairness] probably should be put on the agenda.”This article was written by NerdWallet and was originally published by the Associated Press.More From NerdWalletHow to Renegotiate Your Bills to Save MoneyFeeling Out of Control? These Money Moves Could HelpRenters at Risk: Ways to Cope in the Financial CrisisLiz Weston is a writer at NerdWallet. Email: lweston@nerdwallet.com. Twitter: @lizweston. 4771

Texas Lt. Gov. Dan Patrick blamed Friday's massacre at a high school near Houston in part on "too many entrances and too many exits" on the campus, prompting some to mock his perspective as "door control.""From what we know, this student walked in ... with a long coat and a shotgun under his coat," said Patrick, a Republican who has an A+ rating from the National Rifle Association. "It's 90 degrees. Had there been one single entrance possibly for every student, maybe he would have been stopped." 508

Taylor Swift is back in the global spotlight after the release of her highly-anticipated new album “Reputation” and has one question for her fans, “Are You Ready for It?”.Swift announced the first 27 dates of her world tour “Reputation”, named after the new album, on Monday morning. It comes on the heels of her appearance on “Saturday Night Live” this weekend where she performed two songs of her latest studio project, “...Ready for It” and a stripped-down acoustic version of “Call It Want You Want”.The stadium tour focuses on larger venues, mainly NFL stadiums, and kicks off in May.The “Look What You Made Me Do” singer is excepted to bring back her “1989 World Tour” producer Louis Messina.Messina is no stranger to finding success with stadium tours as he also works with country superstar Kenny Chesney who is making stops in 17 NFL markets for his 2018 “Trip Around The Sun” tour.Tickets for Swift’s new tour go on sale to the general public on the singer's birthday, Wednesday, December 13.Some fans will have a chance to grab tickets early through the new Ticketmaster Verified Fan program.It will be a test for the new method of buying tickets, which rewards fans for participating in artist activities like engaging with them on social media or buying merchandise.The program faced some early backlash as some fans saw it as creating an additional expense to get the same tickets. However, ticket promoters insist it is a new layer of screening to keep the tickets in the hands of actual fans and away from scalpers.More tour dates, including international stops in the United Kingdom, Ireland, Australia and New Zealand, are expected to be announced at a later time.Reputation World Tour Dates: May 8    Glendale, AZ     University of Phoenix Stadium 1809

Tell us what you want, what you really, really want, Prince Harry and Meghan Markle.Spice Girls member Mel B appeared on the daytime talk show "The Real" Tuesday and sparked speculation that the group would be performing at the upcoming royal wedding in May.The hubbub began when co-host Loni Love asked Mel B if she knew anyone who would be attending."I'm going," Mel B said quietly.The audience cheered as the co-hosts of the show exclaimed at the news.Things got really hectic when Love asked if the Spice Girls would be performing."I swear I'm just like..." Mel B started, before Love jumped in and said, "Yes, they are performing! Yes!""I need to go," Mel B said after throwing into the air the papers she was holding. "You're going to get me fired! I'm going to be fired!"She then tried to backtrack."Let's not talk about it anymore," Scary Spice said. "Let's pretend that I never said that."Fans were already buzzing about the possibility of a Spice Girls reunion after a group photo was published of the members having lunch together at Geri Halliwell Horner's house recently.Mel B told the women of "The Real" it was the first time in years that all five members had been together.She said their former manager, Simon Fuller, also joined them.The picture wasn't even supposed to go public, Mel B said."First of all, none of us were meant to post that picture," she said. "We all just took pictures, you know like, candidly. So when I saw Victoria post the picture, I was like, 'Noooo!' I didn't get the lighting right, my makeup wasn't on."  1563

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