Tag: guaranteed income

How a Sam Altman-backed study into guaranteed income was widely misinterpreted

How a Sam Altman-backed study into guaranteed income was widely misinterpreted

David Paul Morris – Bloomberg – Getty Images I’ve seen what cash can do for people experiencing financial hardship—and I also know what it can’t do. The nonprofit I lead, UpTogether , has been investing in people for two decades, distributing more than $210 million to more than 200,000 households since 2020 alone. We manage guaranteed income initiatives all over the country.

Unfortunately, the takeaway for many reporters and pundits from OpenResearch’s Unconditional Cash Study was that guaranteed income makes people “less productive.”

Yes, the data showed participants worked slightly fewer hours, spent more time on leisure, and earned less […]

How a Sam Altman-backed study into guaranteed income was widely misinterpreted

How a Sam Altman-backed study into guaranteed income was widely misinterpreted

The study by the Sam Altman-backed OpenResearch was widely interpreted by the media as confirming negative stereotypes about people experiencing financial difficulties. I’ve seen what cash can do for people experiencing financial hardship—and I also know what it can’t do. The nonprofit I lead, UpTogether , has been investing in people for two decades, distributing more than $210 million to more than 200,000 households since 2020 alone. We manage guaranteed income initiatives all over the country.

Unfortunately, the takeaway for many reporters and pundits from OpenResearch’s Unconditional Cash Study was that guaranteed income makes people “less productive.”

Yes, the data […]

Which of the following applies to contribution plans?

A. They offer regular, guaranteed income to retired employees for the rest of their lives.
B. Many offer income to surviving spouses of employees after the employee dies.
C. Funds are invested and may grow or shrink depending upon economic changes.
D. They are now less common in private business than they are in the public sector.
Log in to add comment colettelynn is waiting for your help. Add your answer and earn points. AI-generated answer Answer No one rated this answer yet — why not be the first? �GinnyAnswer Genius 441.1K answers 8.8M people helped Final answer: Contribution plans, such as […]

New Orleans Guaranteed Income Program for Youth Shows Increased Employment, Improved Financial Well-being and Lower Housing Cost Burden

New Orleans Guaranteed Income Program for Youth Shows Increased Employment, Improved Financial Well-being and Lower Housing Cost Burden

Text-only version of this email

Having trouble reading this email? . press release banner city of new orleans City of New Orleans Press Release – FOR IMMEDIATE RELEASE Sept. 3, 2024 For Media Inquiries Only communications@nola.gov (504) 658-4945 NEW ORLEANS GUARANTEED INCOME PROGRAM FOR YOUTH SHOWS INCREASED EMPLOYMENT, IMPROVED FINANCIAL WELL-BEING AND LOWER HOUSING COST BURDEN Researchers find that young people see tangible benefits with $350 monthly guaranteed income. NEW ORLEANS — Mayor LaToya Cantrell, the Mayor’s Office of Youth and Families (OYF) and Mayors for a Guaranteed Income today announced the release of independent data on the New […]

New Orleans Guaranteed Income Program for Youth Shows Increased Employment, Improved Financial Well-being and Lower Housing Cost Burden

New Orleans Guaranteed Income Program for Youth Shows Increased Employment, Improved Financial Well-being and Lower Housing Cost Burden

Researchers find that young people see tangible benefits with $350 monthly guaranteed income.

NEW ORLEANS — Mayor LaToya Cantrell, the Mayor’s Office of Youth and Families (OYF) and Mayors for a Guaranteed Income today announced the release of independent data on the New Orleans Guaranteed Income Program, showcasing higher employment rates, improved financial well-being and better housing security.

The New Orleans Guaranteed Income Program provided $350 a month for 10 months to 125 young people between the ages of 16-24. Initiated by Mayor Cantrell and operated by OYF, the program focused on young people in Orleans Parish who were […]

Are you for or against Universal Basic Income. Do you understand Monetary Sovereignty?

Are you for or against Universal Basic Income. Do you understand Monetary Sovereignty?

I’ve researched the question, “What are the reasons against Universal Basic Income (UBI).” I call it “Social Security for All.”

Here is a summary of the anti-UBI claims: 1. Cost and Feasibility : One of the primary concerns is the high cost of UBI. For example, in the United States, a UBI of $12,000 per year for every adult would cost over $3 trillion annually/ 2. Inflation: UBI could lead to inflation. If everyone has more money to spend, demand for goods and services might increase, driving up prices and potentially negating the benefits of the additional income. 3. […]

SASSA Universal Basic Income 2024-25: Expected Grants, Amounts, Eligibility, Payment Dates

SASSA Universal Basic Income 2024-25: Expected Grants, Amounts, Eligibility, Payment Dates

SASSA Universal Basic Income 2024-25: Expected Grants, Amounts, Eligibility, Payment Dates and other details can be checked here. The South African Social Security Agency (SASSA) has long played a crucial role in supporting vulnerable citizens through various social grants.

Contents

SASSA Universal Basic Income 2024-25 Expected Grants and Amounts UIB Eligibility Criteria UIB Application Process UIB Payment Dates Potential Impact on Society Challenges and Considerations Conclusion SASSA Universal Basic Income 2024-25 As the nation looks towards 2025, a significant development on the horizon is the introduction of the Universal Basic Income (UBI). This transformative initiative aims to provide a safety […]

401(k) Day: Employer best practices to bolster support for employee retirement planning goals

401(k) Day: Employer best practices to bolster support for employee retirement planning goals

As workers contend with the rising cost of living and the associated stress of managing their finances, retirement planning is being put on the backburner. A recent study by Lincoln Financia l Group, 2023 Wellness@Work. has revealed that 68% of participants say they are saving less than what is needed and 65% say it would be difficult to save more.

Competing financial priorities is a factor, and so is confidence in retirement planning and decision making. Surveyed participants who are confident about their ability to make retirement decisions are two times more likely to be contributing more than 15% of […]

Is hdfc life guaranteed income insurance plan good?

Advice request

My relative convi ced me to buy it and now im paying 18k a month for the next 15 years. Is it even good?

Sort by: JiN__7 • 3h ago What is the sum assured ? And ask agents for what roi ? Key_Studio_6344 • 3h ago Sum assured is about 32 lakhs and maturity benefit is about 36 lakhs. Is it beneficial? raj29_ • 1h ago Always buy term plan insurances only. Anything else is a trap. Your agent will get i think 30-40% commission on your 1st premium. Which is why they push these things aggressively […]

Annuities gain traction with middle-market consumers

Annuities gain traction with middle-market consumers

Middle-income Americans will have a more difficult time managing their longevity risk in retirement now that fewer of them have defined benefit plans. Making matters more complicated is that many of these middle-market investors may have saved thousands of dollars throughout their careers in their employer-sponsored defined contribution plans but may not know how they can be certain their money lasts throughout the retirement.

LIMRA’s Retirement Investor Study, published earlier this year, examined middle-income investors’ views of their retirement risks and where annuities might ease those risks.

The research suggests middle-market Americans are aware of their longevity and volatility risks and […]