P.M. Notes: Social Security cost-of-living allowance is coming: But don't get too excited. The increase is expected to be modest. ... The U.S. Department of Housing and Urban Development is offering emergency funding for people struggling to pay their mortgage. Homeowners facing foreclosure have until July 22 to "pre-apply" for a forgivable loan up to $50,000 through the Emergency Homeowner Loan Program (EHLP). ... Two studies released today examine employer-based health insurance. About 61 percent of people (not including those eligible for Medicare) are covered through their employer: "Even though the number of Americans with health insurance through employers has declined, most will continue to get coverage through their jobs after the new healthcare law takes full effect." ... Will housing take another hit as 50+ begin to sell their homes? ... New research shows many want to age in place - but most have no plan.
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