Tag: guaranteed income

$500 Stimulus check on the way check if you are eligible to receive It

$500 Stimulus check on the way check if you are eligible to receive It

Unlock $500 with your Social Security benefits Monthly $500 State Stimulus Payment: Which States Offer This

CalFresh 2024: Payment Dates and Eligibility for July-August Food Stamps

Find out if your pension is at risk and what Social Security plans for 2025 Stimulus checks have become a critical and recurring topic , especially following the economic crisis triggered by COVID-19 that impacted numerous families across the country.Despite initial confusion and circulating misinformation, the U.S. government has had to step in multiple times to clarify the situation. Currently, certain states are preparing a new round of financial aid […]

Baltimore City files court action against ‘Baby Bonus Fund ‘ charter amendment

Baltimore City files court action against 'Baby Bonus Fund ' charter amendment

BALTIMORE —

A ballot measure to provide one-time payments of at least $1,000 to new parents is the subject of a court complaint.

The proposed amendment to the Baltimore City charter to create a " Baltimore Baby Bonus Fund " was approved last week to appear on the November ballot after the Maryland Child Alliance spent almost $4,000 over 15 months to collect the 14,000 signatures needed.But Mayor Brandon Scott filed suit on Thursday in Baltimore City Circuit Court, which caught the group of teachers behind the program totally off guard.| LINK : Read the city’s court complaint (PDF)Supporters of […]

A D.C. school’s experiment to help kids learn: Paying their families

The Social Justice School, a charter school in Northeast Washington, will pilot a guaranteed income program for 15 of its families. (Globalstock/iStock) A D.C. charter school will give 15 of its families $2,400 next school year, part of a pilot to see whether no-strings-attached payments can help mitigate the effects of poverty, reduce truancy and keep teens out of crime.

The program, launched this summer by the Social Justice School and anti-poverty organization Mother’s Outreach Network, will also offer families free legal education services. It marks an expansion of similar programs in the city aimed at fighting poverty — including […]

Victoria councilors vote to further explore the benefits of Universal Basic Income

Victoria councilors vote to further explore the benefits of Universal Basic Income

The Union of BC Municipalities will bring the debate on UBI to its annual general meeting with the support of Victoria city councillors.

July 12, 2024

Victoria councilors vote to further explore the benefits of Universal Basic Income By Sidney ColesSee original post here. The idea of a Guaranteed Annual Income (GAI) is once again receiving attention from policymakers and decision-makers at local, provincial, and national levels.Last Thursday, Victoria City Councillors voted on whether to endorse the Union of BC Municipalitity’s (UBCM) resolution to explore a Universal Basic Income (UBI) in BC. Mayor Marianne Alto, who introduced the […]

Know Your Tax Benefits: 5 post office schemes that provide 80C tax exemptions

Know Your Tax Benefits: 5 post office schemes that provide 80C tax exemptions

Section 80C Tax Benefits: Tax saving is an important exercise for many taxpayers. In the old and the new, there are many sections which pertain to tax saving. In the old tax regime, Section 80C of the Income Tax is one such option. One can save up to Rs 1.50 lakh tax on deposits in investments options with lock-in period of three years above. Many of the post office schemes such as PPF, NSC, RD fall in the 80C tax saving category.

ITR Filing Income Tax Season: The income tax filing season is on. July 31 is the last […]

Will Universal Basic Income Replace SRD Grant in 2024?

Will Universal Basic Income Replace SRD Grant in 2024?

SASSA has introduced the Social Relief of Distress (SRD) grant during the peak of COVID-19. It was a great step by the government of South Africa at that time. Though the grant was supposed to end after one year, it is still in progress. Now after the general elections of 2024, the new government African National Congress (ANC) is introducing a new grant called Universal Basic Income (UBI) . This grant will replace the SRD grant soon. The UBI grant is for those who are between the ages of 18 to 59 and have low incomes. What is Universal […]

Stimulus Checks rain across America: $1600 for thousands of citizens in these states

Stimulus Checks rain across America: $1600 for thousands of citizens in these states

Stimulus Checks rain across America: $1600 for thousands of citizens in these states 1 Many states across the US are likely to issue stimulus checks and ensure a guaranteed UBI for citizens by July 2024. These are mainly aimed at alleviating poverty and providing loans to clients and families within the low-income earning group. In California’s counties and New York’s cities, various programs are being implemented to address people’s needs. Now, let us focus on the stimulus payments and guaranteed income policies that will benefit thousands of people in the coming month. How Economic Safety Nets Can Provide Direct […]

Bolstered By Markets, More Retirement Plan Savers Feel On Track For Retirement

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Print After strong market performance in the last year, 68% of American retirement plan participants believe they are on track with their retirement goals—a jump of 12 percentage points from the 56% who felt that way just a year ago.According to the 2024 BlackRock “Read on Retirement” survey, among the 32% who feel off track, 84% named two top reasons, which are really the same issue looked at from […]

Micruity: Financial Tech Infrastructure Company Raises $5 Million

Micruity: Financial Tech Infrastructure Company Raises $5 Million

Micruity announced that it closed $5 million in funding to expand support for accumulation annuities and non-guaranteed income products on the Micruity platform.

The round includes new funding from strategic investors Prudential, State Street Global Advisors, and TIAA Ventures, and additional investments from current partners Pacific Life and Western & Southern Financial Group. In total Micruity has raised over $11M from strategic partners in the retirement industry.

A US Retirement Survey found that non-retired Americans aged 27 to 42 face an average shortfall of $403,626 in their retirement savings. And for Americans aged 43 to 58, that gap grows to $451,170.Micruity’s […]

Could Universal Basic Income Change How We Value Different Types of Work

Could Universal Basic Income Change How We Value Different Types of Work

Universal Basic Income (UBI) has the potential to dramatically reshape how we perceive different forms of work. It’s a new concept that’s gaining traction globally, with the potential to redefine societal norms around work and value.

UBI could liberate us from the confines of traditional job structures, giving us the freedom to pursue work that truly matters to us.

Imagine a world where you’re not forced into a job just for survival, but have the liberty to choose work that aligns with your passions, your values, and your desire to contribute to society.In this article, we’re going to explore seven ways […]