Share to Twitter Share to Linkedin The Saving Problem Secure 2.0 Aimed to Solve Secure 2.0 is a pension reform package passed at the end of last year with provisions to lower taxes on retirement savings for high earners and to expand coverage and retirement savings. At least, that was a hope. My colleague and I, Siavash Radpour, Research Director at the Schwartz Center for Economic Policy Analysis at The New School, unpacked the provisions to investigate how well Secure 2.0 will do to help those without an employer plan or significant levels of retirement savings. The sorry truth is that most, over 63 million workers , have no retirement plan that will supplement their Social Security. And the average holdings for the worker with a retirement account is about $100,000. What is the Savers Credit/Match in Secure 2.0 and how does it affect American workers’ retirement security? Before SECURE 2.0, the Savers’ Credit credited a low earners’ tax bill … [Read more...] about Q&A: Does Secure 2.0 Go Far Enough To Really Expand Retirement Savings?
Tfsa high interest savings account
Kaya Now’s Revamped High There App Builds Community In Cannabis Space
Share to Twitter Share to Linkedin Kaya Now announced on Thursday the launch of a new and improved version of its High There app, providing a safe, moderated, digital cannabis-friendly community. The updated version of the app is designed to elevate the user experience with industry-led content and several new features. Part of this transformation includes expanding upon the original app concept—focused on cannabis-friendly online dating —which was “completely overhauled” to suit the needs of a broader range of users. “The first version of High There launched back in 2014, and at the time, it was coined by many publications as the ‘Tinder for Tokers’ ,” High There Chief Content Officer Jamie Solis says. “Over the years, we’ve really listened to the feedback from our community, and we’ve now implemented a user experience that is more engaging for app users to connect with others from all over the world.” While Instagram and TikTok regularly … [Read more...] about Kaya Now’s Revamped High There App Builds Community In Cannabis Space
Pag-IBIG released P53.76B cash loans in 2022; assisted record-high 2.61M members
MANILA, Philippines Pag-IBIG Fund disbursed P53.76 billion in cash loans, otherwise known as short-term loans, benefiting a record-high 2,612,491 members in 2022, agency officials stated Tuesday. For 2022, the amount of short-term loans released by the agency increased by 21 percent or P9.46 billion compared to the P44.30 billion released in 2021. With the amount, the number of members assisted through the program increased by 24% or over half a million more than the 2,090,851 members in 2021. “We at Pag-IBIG Fund exert all efforts in providing our members with assistance on their financial needs. We are happy to note that through our Short-Term Loan Program, we were able to aid more than 2.6 million Filipino workers gain added funds to tend to their needs last year,” said Secretary Jose Rizalino L. Acuzar, who heads the Department of Human Settlements and Urban Development (DHSUD) and the 11-member Pag-IBIG Fund Board of Trustees. Pag-IBIG Fund’s Short-Term Loan Program includes … [Read more...] about Pag-IBIG released P53.76B cash loans in 2022; assisted record-high 2.61M members
3 Ways To Fight Off High IT Costs And Become A ‘Top Gun’ Of Enterprise Storage
Share to Twitter Share to Linkedin Eric Herzog is the Chief Marketing Officer at Infinidat . Virtually every information technology decision-maker overseeing the data infrastructure of an enterprise can identify with the famous line from the original Top Gun film: “I feel the need, the need for speed.” They seek out the fastest all-flash storage array on the market that is winning awards from the likes of TechTarget and being recognized in the Gartner Magic Quadrant for Primary Storage. Speed is a force that makes enterprise storage admins take off like fighter pilots on a mission. When they have a storage system that is blazing fast with unprecedented low latency that delivers real-world application performance, they have a swagger in their step, as if they are the emboldened Tom Cruise character Maverick. The pressure from the high performance is invigorating—even considered a tech-driven thrill. However, there is a force at work in 2023 … [Read more...] about 3 Ways To Fight Off High IT Costs And Become A ‘Top Gun’ Of Enterprise Storage
2 faculty members shot at Denver’s East High School, police search for student suspect
A student at Denver’s East High School shot two administrators Wednesday morning — leaving one critically injured — while the teen was being searched for weapons, police officials said. The student suspect remained at large hours later. Denver police Chief Ron Thomas said the shooting occurred during a “security search” of a student based on past behavior — “a regular protocol with this student” — that detected a gun. The student fired shots around 9:50 a.m. “and was able to get out of the school.” The student, who was not named because he is a juvenile, is required to be searched every morning as part of a pre-existing safety plan, but administrators had never before found a gun on him, police and school officials said. “We don’t have any sense of where he is. We know where he lives,” Thomas said, lamenting “a very troubling situation” at East High School. One victim was in critical condition undergoing surgery, he said. The other was in serious but stable condition. … [Read more...] about 2 faculty members shot at Denver’s East High School, police search for student suspect
School Choice’s Undeniable Momentum
Share to Twitter Share to Linkedin On February 19 th 2020, I sent an email around to our offices at EdChoice with a simple subject line: “We are going to win.” That was the day that I realized that school choice advocacy had turned a corner. At that time, school choice, and particularly private school choice, was stuck in a pattern of slow growth. More than 65 programs existed in 29 states and the District of Columbia. Some were quite large, but most were limited by restrictive student eligibility requirements or funding caps. In total, just over half a million students across the country participated in one of the programs. Nothing to sneeze at, of course, but still a frustratingly small percentage. Flash forward to today and multiple states have enacted or seem poised to enact universal or nearly universal programs with the potential to enroll millions of students. West Virginia passed its Hope Scholarship program in 2021, followed by Arizona enacting … [Read more...] about School Choice’s Undeniable Momentum
16% Of Americans Moved Money After Silicon Valley Bank Failure, Poll Suggests
Share to Twitter Share to Linkedin Topline Almost one-in-six American adults decided to move at least some of their money as a direct result of recent regional banking failures, with 10% moving “all” of their money, according to a Morning Consult poll , as the collapse of Silicon Valley Bank and other institutions shakes the confidence of both Wall Street and American consumers—even as top officials say the banking industry is solid and Americans’ money is secure . Key Facts The poll of nearly 2,200 U.S. adults carried out Thursday and Friday found 16% moved some or all of their money, though most transferred their assets to regional, local or digital banks. Some 73% of those who moved money are men, while 58% are members of the Millennial generation and almost half (46%) reported owning cryptocurrency—all numbers far higher than the makeup of the general U.S. population. Despite a sizable chunk of Americans deciding to shift where … [Read more...] about 16% Of Americans Moved Money After Silicon Valley Bank Failure, Poll Suggests
The Bank Mess Is Hiding Safe (And Cheap!) 6.6%+ Payouts
Share to Twitter Share to Linkedin We’re going to ride this Silicon Valley Bank (SIVB) fiasco to big dividend payouts—I’m talking yields up to 12.6%!—and quick upside, too. I’ll walk you through exactly what we’re going to do below. Then I’ll name two unloved (for now!) dividends we’ll target. We’re Not Dropping a Quarter Into GameStop II One thing we’re not going to do is sell anything short—even though, as Bloomberg recently told us, the “shorts” cleaned up on SVB. All in, they pocketed $2 billion as “tech bros’” fav bank froze, then crashed. We contrarian dividend players tip our hats to these daring degenerates. They rolled the dice and things broke their way. Here’s the thing, though: big short-seller losses are far more common than wins. Because for every SVB there are two (or more!) tales like GameStop (GME) —a stock that needs no intro. You remember the story: Hedge funds were massively short GME (more than 100% of … [Read more...] about The Bank Mess Is Hiding Safe (And Cheap!) 6.6%+ Payouts
IRS Expands Tax Relief For California Storm Victims
Share to Twitter Share to Linkedin The IRS has given victims of severe winter storms, flooding, landslides and mudslides in California that began March 9, 2023, until Oct. 16, 2023, to file various individual and business tax returns and make tax payments. Following the disaster declaration issued by FEMA, individuals and households affected by severe winter storms, flooding, landslides and mudslides that reside or have a business in Alpine, Amador, Butte, Calaveras, Del Norte, El Dorado, Fresno, Glenn, Humboldt, Imperial, Inyo, Kern, Kings, Lake, Los Angeles, Madera, Mariposa, Mendocino, Merced, Mono, Monterey, Napa, Nevada, Orange, Placer, Plumas, Sacramento, San Benito, San Bernardino, San Francisco, San Joaquin, San Mateo, San Luis Obispo, Santa Barbara, Santa Clara, Santa Cruz, Sierra, Sonoma, Stanislaus, Trinity, Tulare, Tuolumne and Yuba counties qualify for tax relief. The declaration permits the IRS to postpone certain tax-filing and tax-payment … [Read more...] about IRS Expands Tax Relief For California Storm Victims
What Kim Kardashian, Brad Pitt, And Cheryl Burke Can Teach Us About Dividing Unconventional Assets Throughout A Divorce
Share to Twitter Share to Linkedin Contributing authors: Marilyn Chinitz and Morgan Fraser Mouchette When it comes time to divvy up assets in divorce, many couples focus on the major markers of their shared wealth like real estate, business interests, savings, and personal property. But plenty of other valuable belongings accumulate during a marriage and have to be accounted for. From our extensive experience advising high-net-worth and celebrity couples in divorce and marital agreements (pre-nuptial and post-nuptial), we can honestly say that all relationships can benefit from carefully cataloging assets in the marital estate, especially those that are held in unconventional ways. Recent publicity around certain celebrity divorces has shed some light on how to approach an equitable (or at least agreed-upon) division of the assets that aren’t necessarily top of mind, offering an instructive roadmap that all couples can benefit from. Here are some … [Read more...] about What Kim Kardashian, Brad Pitt, And Cheryl Burke Can Teach Us About Dividing Unconventional Assets Throughout A Divorce