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Share to Twitter Share to Linkedin President Biden’s fiscal year 2024 budget would revive 2021’s enhanced child tax credit (CTC) with some new twists that seek to make the credit work better for families. But in doing so, the plan would likely deliver extra benefits to some very well-off families. It could also increase complexity – pushing against a key argument for operating benefit programs through the tax system . First, the good stuff. The proposal would extend full refundability permanently, allowing even very low-income families to receive the full benefit of the CTC. Full refundability is critical to reducing child poverty , especially among Black and Hispanic children. Under current law, about 19 million children in low-income families fail to get the maximum credit because their parents don’t earn enough money. As in 2021, younger children would qualify for larger benefits than older children – an idea backed by research . This … [Read more...] about Biden’s Child Tax Proposal Would Help Many But Presents Administrative Challenges

Share to Twitter Share to Linkedin Montage Palmetto Bluff, the premier luxury resort in America’s southeast, is located in Bluffton, South Carolina. The property is situated on 20,000 acres of pristine Lowcountry land, making it one of the largest resort developments on the East Coast. Montage Palmetto Bluff is renowned for its natural beauty, rich history, and world-class amenities, and most recently, wellness and lifestyle programming that celebrates local artisans, chefs, and tastemakers. Montage Palmetto Bluff was originally the site of a wealthy rice plantation in the early 1800s. The property was later acquired by Union Camp Corporation in the mid-20th century, and it was used as a hunting and fishing retreat for the company's executives. In the early 2000s, the property was purchased by Crescent Communities, who developed it into a luxury resort. Montage Palmetto Bluff features 200 guest rooms and suites, each designed to reflect the natural … [Read more...] about Montage Palmetto Bluff Celebrates Local Talent With New Wellness And Lifestyle Programs

Share to Twitter Share to Linkedin Topline A federal judge in Texas struck down a provision of the Affordable Care Act that required coverage for a range of preventive services—including for cancer screenings, medications and more—ruling the task force members tasked with enforcing those preventive services were unlawfully appointed. Key Facts U.S. District Judge Reed O’Connor ruled preventive care recommendations made by the U.S. Preventive Services Task Force do not have to be complied with, and blocked the federal government from enforcing the task force’s recommendations. The task force issues recommendations for preventive care services that insurers are then forced to cover, as dictated by the provisions of the Affordable Care Act, meaning the ruling means insurance companies will no longer be bound to cover the preventive services affected. Among the preventive services affected by O’Connor’s order are screenings for breast … [Read more...] about Judge Strikes Down Required Coverage Of Preventive Care—Cancer Screenings, Pregnancy, Medications And More

Share to Twitter Share to Linkedin Topline Billionaire GOP megadonor and onetime ally to former President Donald Trump Ronald Lauder, met with Florida Gov. Ron DeSantis recently as the likely 2024 GOP presidential candidate pitches himself as the adult in the room to wealthy donors amid increasingly incendiary rhetoric from Trump. Key Facts Lauder met with DeSantis, who is widely expected to announce a run for president in early summer, at his Long Island estate several months ago, Politico reported , citing two unnamed sources familiar with the meeting. The reported meeting comes after Lauder—heir to Estée Lauder who has known Trump for decades and helped fund his 2020 reelection bid—said through a spokesperson in November that he will not donate to Trump’s 2024 campaign, though he did not say whom he would support in 2024 and did not comment to Politico on the recent DeSantis meeting. DeSantis is reportedly targeting wealthy New … [Read more...] about Billionaire Ex-Trump Ally Ronald Lauder Met With Ron DeSantis As He Courts Wealthy Execs On Trump’s Turf, Report Says

Share to Twitter Share to Linkedin Topline The national average price for a gallon of gas hit a two-month high Thursday, as gas demand continues to increase heading into the summer while inventories drop, though experts doubt prices will return to their $5 record high recorded last summer. Key Facts The national average for a gallon of gas shot up to $3.46 Thursday, an increase of 5 cents on the week, bringing it to its highest point since the end of January, according to data from GasBuddy . Gas prices have now rebounded more than 40 cents since reaching a low of $3.05 per gallon on December 26. Analysts attribute the rising prices to a combination of high demand and low supplies: Gas demand increased narrowly from 8.81 million barrels per day to 8.82 million barrels over the week ending March 24, while gas reserves dropped from 229.6 million barrels to 226.7 million barrels over the same time, according to Energy Information Agency … [Read more...] about Gas Prices Hit Two-Month High, Though Experts Doubt They Will Rebound To $5—Here’s Where They’re Most Expensive

While still CEO of now-collapsed FTX, Bankman-Fried transferred millions of dollars to his father. Some of those funds have since been used to pay for his mounting legal fees, according to two sources close to the company. By Sarah Emerson and Steven Ehrlich S am Bankman-Fried, founder of fallen cryptocurrency exchange FTX who claimed to have just $100,000 in his bank account last November, is preparing for trial in October backed by a roster of powerful attorneys. But it has remained unclear, until now, how the former billionaire would afford his pricey defense. Forbes has learned that Bankman-Fried has been paying legal fees from a multi-million dollar gift he gave his father with money borrowed from FTX’s sister company. In 2021, while CEO of FTX, Bankman-Fried made a large monetary gift to his father, Stanford Law professor Joseph Bankman, two sources with operational knowledge of both companies told Forbes . It was funded by a loan from the … [Read more...] about Sam Bankman-Fried’s Legal Defense Is Being Funded With Alameda Money He Gifted His Father

Share to Twitter Share to Linkedin Topline Jacob Chansley—whose horned fur hat, American flag face paint and bare chest made him one of the most recognizable January 6 rioters—was released from prison and sent to a halfway house earlier than scheduled this week, which some right-wing figures are celebrating as a victory following a push for his release. Key Facts Federal Bureau of Prisons spokesman Scott Taylor said Chansley was moved Tuesday from his low-level-security prison in southeastern Arizona to a halfway house in Phoenix, where he will be released May 25. Chansley—who also went by “Jake Angeli” and was known as the “QAnon Shaman”—was set for a July release following his 2021 guilty plea for obstructing an official proceeding, after he joined the mob invading the Capitol and became one of a handful of rioters who stood at the presiding seat of the Senate dais. Chansley was first arrested and jailed days after the January 6 riot, and … [Read more...] about ‘QAnon Shaman’ Jacob Chansley Released Early From Prison After Jan. 6 Conviction

Share to Twitter Share to Linkedin The Federal Trade Commission often issues warnings for consumers about scams of all kinds. They are raising the alarm about phony treatments and cures for Alzheimer’s disease and dementia, sending letters to the companies that advertise these fake products. We can understand why people who desperately want a cure for a disease that is currently not curable will look to the internet for promises. Alzheimer’s disease and related dementias create a long, sad, expensive journey for elders and their families. We address these every day at AgingParents.com, working with these families. No one wants to hear from doctors that there is no treatment to fix the disease and that no drug company has a cure. Denial leads folks to find a way to cope with the sad truth. Desperation for relief is an invitation to manufacturers who create false hope for those affected. Memory Supplements You may see the ads on TV or the internet … [Read more...] about Beware Of Fake “Treatments” Or “Cures” For Dementia

Share to Twitter Share to Linkedin What is the best way to keep the brain healthy and live a long life over 100? originally appeared on Quora : the place to gain and share knowledge, empowering people to learn from others and better understand the world. Answer by Lawrence Kosick, President and Co-Founder at GetSetUp, on Quora : Living a long and healthy life is something that many of us aspire to, and research has shown that keeping our brains healthy is one of the keys to reaching this goal. There are many factors that play into brain health and making sure your brain is as healthy as possible as you age. According to research , “Education and learning have been known to enhance cognitive reserves, making an individual less susceptible to the effects of age or disease-related brain changes.” However, these aren’t the only factors. There are many different things we can do in addition to continuing to learn throughout our … [Read more...] about Daily Tips To Maintain Brain Health As You Age

Share to Twitter Share to Linkedin A couple typically plans for their retirement. What is frequently overlooked is the reality that, on average, women live longer than men. Few retirement plans prepare surviving women for what is effectively her second retirement – a later life stage with new complexities, different needs, and costs just just when financial resources and personal resilience may be sharply declining. According to the Centers for Disease Control and Prevention , forecasted life expectancy at birth for women in 2019 was 81.4 years compared to men who can look forward to 76.3 years. However, by age 65, women are likely to live nearly another 21 years compared to men who squeeze in a little more than an additional 18 years. Those averages assume that the woman and her mate are the same age. According to Pew Research Center , women are typically 2-plus years younger than their spouses, thus adding a few more years. The takeaway? Women — … [Read more...] about As Women Live Longer, They Should Also Plan For A Second Retirement