Tag: guaranteed income

HUNDREDS of low-income families could get $250 a month for a year under a new proposal.

The Dallas City Council approved the transfer of at least $20million to help fund the program. Dallas residents may get monthly payments for a year The funds come from excess sales tax revenue and are designated for racial justice efforts, reports Local Today .

This includes $1million for the pilot program that would give 325 families monthly payments.The advocacy group Mayors For A Guaranteed Income reported that at least 30 other cities have similar programs in place.The mayors of Austin, San Antonio and Houston are […]

Full Post at www.the-sun.com

SHREVEPORT, La. (KSLA) — What happens when you give 110 single parents with school-age children whose income is at or below 120% of the federal poverty line an unconditional cash payment of $660 a month for a year?

They’ll spend $358.45, or 54.31%, of that $660, at retailers and discount superstores on things like food, clothing, household goods and hygiene products.

That’s one of the initial findings of the Mayors for a Guaranteed Income program in Shreveport.“I’m able to know that it is definitely there to help me because without it I’m struggling,” said Renodia Williams, a participant in the program. […]

Full Post at www.ksla.com

Earning guaranteed income with an annuity can be a great way to bolster your retirement plan. Before you buy, you need to decide whether a qualified or non-qualified annuity is best suited to your needs. What Is an Annuity?

The purpose of an annuity is to provide guaranteed income in retirement. They can strengthen your financial plan by giving you confidence that you won’t outlive your retirement savings.

Technically, an annuity is an insurance contract that supplies you with guaranteed income, starting either immediately or at a time in the future. You can purchase an annuity with just one payment […]

Full Post at www.forbes.com

Baltimore’s participant spending data will be included in the next quarterly update of the dashboard. Recurring, unconditional cash payments make participants more economically resilient.

BALTIMORE, MD. (Thursday, September 29, 2022) – This week, the demographic results of the Baltimore Young Families Success Fund were rolled out as part of a major, nationwide step forward for the guaranteed income movement.

Mayors for a Guaranteed Income ‘s new data dashboard shows that around the country, families are using their need-based cash payments to cover necessities in an uncertain economy – providing them with the opportunity, freedom, and resilience they need […]

Full Post at mayor.baltimorecity.gov

by Elyse Apel

The city of Atlanta launched its guaranteed income pilot program earlier this year in the wake of the COVID pandemic that gives $500 a month to 300 Atlanta residents.

According to the city , the guaranteed income program “is meant to supplement rather than replace the existing social safety net and can be a critical tool for improving racial and gender equity.”The city of Atlanta donated $2 million to the nonprofit organization Urban League of Greater Atlanta to put the program in place. The Income Mobility Program for Atlanta Community Transformation (I.M.P.A.C.T.) is Atlanta’s first city-wide guaranteed […]

Full Post at tennesseestar.com

Getting financial independence after retirement is now easier thanks to improved annuity rates

To offer dependent family members a significantly higher death benefit in the unfortunate event of the annuitant’s death

MUMBAI, India, Sept. 27, 2022 /PRNewswire/ — Tata AIA Life Insurance ( Tata AIA Life ), one of India’s leading Life Insurance Companies, has introduced a more powerful version of its flagship annuity (guaranteed income for life) plan, Tata AIA Life Fortune Guarantee Pension . The new version includes some critical improvements, including higher annuity rates and death benefits, making it a must-have for the consumers […]

Full Post at insurancenewsnet.com

GlobeNewswire

Willemstad, Curacao, Sept. 26, 2022 (GLOBE NEWSWIRE) — Loro Partners presents newly developed sports betting and club-associated programs that offer great opportunities to their clients. The company is a group of qualified experts that works on standards like trust and stability. It offers individuals to connect with and be a part of affiliate programs. The company provides incredible income deals to its partners. The group of qualified professionals assists the individuals in achieving the ideal outcomes in a brief time frame. Loro Partners is a reliable investment platform that gives the surety of guaranteed income to its partners. Every […]

Full Post at www.itnewsonline.com