Guaranteed Income Strategies for Retirement

Guaranteed Income Strategies for Retirement

Those entering their golden years often get a nasty surprise: They don’t have enough money to live like they did in their working years . Even retirees with the best intentions fail to prioritize guaranteed income, which can lead to cash shortages.

If that sounds like you, you’re not alone. According to a study by the Morningstar Center for Retirement & Policy Studies , 45% of Americans who quit working at age 65 will run out of money in retirement. Demographically, 55% of single women will fall victim to cash shortages in retirement, as will 41% of couples and 40% […]

(How) Would You Continue Working? A Comparison of Responses to the Lottery Question and a Basic Income Question

Responses to the lottery and basic income (BI) questions in (a) Study 1 (N = 268) and (b) Study 2 (N = 640). The significance level is .012 (Bonferroni corrected). Cohen’s d could not be determined in one case due to a frequency of 0 in the discordant pairs. Contexts in source publication

Context 1

… reading each scenario, participants were asked to indicate what they would do about work. Participants could choose one of four options (see Figure 1, Panel a). If participants chose one of the three responses indicating that they would continue working ("as before," "under […]

$3,000,000 To Be Handed Out With No Strings Attached as US Nonprofit Powers Guaranteed Income Program for Artists

$3,000,000 To Be Handed Out With No Strings Attached as US Nonprofit Powers Guaranteed Income Program for Artists

A US nonprofit says it’s preparing to hand out $3 million to people struggling to make ends meet.

The Springboard for the Arts nonprofit says it is extending Minnesota’s Guaranteed Income for Artists pilot program to a period of five years.

Participants in the program will be drawn from two counties in the North Star State and will receive no-strings-attached monthly payments of $500 for the five-year period. “This addition will bring the total to 100 participants, evenly split between St. Paul and Otter Tail County, cementing its position as the only guaranteed income program in the nation to include rural […]

SASSA Universal Basic Income Grant Approved? Expected Eligibility, Amount and Impact

SASSA Universal Basic Income Grant Approved? Expected Eligibility, Amount and Impact

As South Africa approaches the year 2025, a significant shift in social welfare is on the horizon. The South African Social Security Agency (SASSA) has been a cornerstone in supporting the country’s most vulnerable citizens. Now, with the potential introduction of Universal Basic Income (UBI), SASSA is poised to expand its role even further. This article provides an in-depth look at the expected grants, amounts, eligibility, payment dates, and other crucial details about the SASSA Universal Basic Income 2024-25. Introduction to SASSA and Universal Basic Income

For years, SASSA has been instrumental in providing financial assistance to those in […]

Whatchamacolumn: Investigative reporting on ills of Measure 118

Whatchamacolumn: Investigative reporting on ills of Measure 118

Readers today will see the newspaper’s strong opposition to Oregon Ballot Measure 118, a major tax increase disguised as a magnanimous government handout to every Oregonian regardless of need.

One additional reason for that opposition came through recent investigative reporting by Oregon journalists, including Julia Shumway at Oregon Capital Chronicle, and Nigel Jaquiss at Willamette Week and the Oregon Journalism Project.

Here is Measure 118, in a nutshell: A 3 percent increase in Oregon’s minimum corporate tax on all sales in the state above $25 million; estimated distributions of proceeds ranging from $1,000 to $1,600 to every Oregonian, regardless of need.Jaquiss […]

“I’ve changed my soul…Fortunately, the response is good, so I’m excited. I am careful that my pers..

Choo Kyung-ho, floor leader of the People’s Power Party, speaks at the Democratic Party’s Council on Korean Income and Management Safety at the National Assembly on the 27th. [Photo source = Yonhap News] The government and the ruling party will expand the amount of the public interest direct payment system to 3.4 trillion won to cope with intensifying fluctuations in agricultural prices and the increase in small elderly farms due to climate change. The cost of supporting disaster recovery expenses will be raised by an average of 23%, and import stabilization insurance will be fully introduced from next year.

The […]

World Basic Income

worldbasicincome.org Public r/BasicIncome The director of Sam Altman’s basic-income study says one of the most interesting results was an increased interest in starting a business

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r/BasicIncome Pope Francis says “without love, we are nothing” and Calls for a Universal Basic Income at World Meeting of Popular Movements catholicnewsworld upvotes · comments r/BasicIncome Pope repeats call for Universal Basic Income indcatholicnews upvotes · comment r/BasicIncome Oregon voters to decide on ballot measure to give every resident $1,600 that has sparked massive opposition fundraising oregonlive upvotes · comments r/BasicIncome […]

World Basic Income

World Basic Income

Society

worldbasicincome.org

Sort by: u/FuturologyBot avatar FuturologyBot • 2h ago •The following submission statement was provided by u/blaisekonya :The World Basic Income offers people money every second simpy for being a real and unique human. It uses it’s own digital currency, the world drachma, distributed via Superfluid streams ( https://superfluid.finance/ ) and derives its value from being the official currency of the World Association, the democratic United Nations alternative.Please reply to OP’s comment here: https://old.reddit.com/r/Futurology/comments/1fqh0ep/world_basic_income/lp59pnv/ u/GooseQuothMan avatar GooseQuothMan • 2h ago •Nice, another crypto scam, this time trying to impersonate another project – looks way too similar to […]

Ken Paxton sues again to block Harris County’s latest guaranteed income program

Ken Paxton sues again to block Harris County’s latest guaranteed income program

Ken Paxton sues again to block Harris County’s latest guaranteed income program Ken Paxton sues again to block Harris County’s latest guaranteed income program By Taylor Goldenstein, Jen Rice

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Texas Attorney General Ken Paxton is again suing Harris County over its guaranteed income initiative , alleging that the latest version of the program still violates the Texas Constitution despite modifications officials made to pass muster.“The Texas Constitution expressly prohibits giving away public funds to benefit individuals — a common sense protection to prevent cronyism and ensure that public funds benefit all citizens,” Paxton, a third-term Republican, […]

Sacramento County Guaranteed Income Program: $725 Per Month Coming In July

Sacramento County Guaranteed Income Program: $725 Per Month Coming In July

( MENAFN – ValueWalk) Some California residents will soon start getting a monthly guaranteed income. Specifically, the guaranteed income program is for residents of Sacramento County. The Sacramento County guaranteed income program will give eligible residents $725 per month for a year.

Sacramento County guaranteed income program: what is it?

Last month, the Sacramento County Board of Supervisors unanimously approved the guaranteed income program, called the Family First Sacramento pilot program. The program aims to help low-income Black and Native American families.The Sacramento County guaranteed income program, which will launch in July, will provide $725 per month to eligible African American […]