Tag: guaranteed income

What would you do with an extra $500 a month? 150 San Diegans got a chance to find out

What would you do with an extra $500 a month? 150 San Diegans got a chance to find out

Percy Sutton, left, dribbles a basketball as Saundra Sutton cleans and Messiah Sutton gives Za’nius Cameron a piggyback ride. San Diego’s pilot was one of more than 30 such programs unfolding roughly in parallel across the nation.

By Roxana Popescu

and Photos by Ana RamirezJune 9, 2024 6 AM PT For subscribers Facebook Show more sharing options In early 2022, Saundra Sutton moved out of her mother’s apartment, where she was living with her two sons, and into a small two-bedroom bungalow in Encanto.Her $1,790 rent there was a lot more than the $600 she paid […]

GIS Changes 2024: What Are the Expected Guaranteed Income Supplement Changes in Canada?

GIS Changes 2024: What Are the Expected Guaranteed Income Supplement Changes in Canada?

In this article, you will get to know about the GIS Changes 2024: What Are the Expected Guaranteed Income Supplement Changes in Canada? The Guaranteed Income Supplement is the additional benefit payable under the old age pension. These supplements are received by old-age residents of Canada who have low and moderate incomes.

Contents

GIS Changes 2024 What is GIS? What Are the Expected Guaranteed Income Supplement Changes in Canada? How to Apply for GIS? GIS Changes 2024 These are the additional supplements for the OAS beneficiaries who receive the pension after retirement. Every year, the Federal Government makes certain changes […]

Kenya is experimenting with universal basic income. Here’s what the US could learn about no-strings payments.

Kenya is experimenting with universal basic income. Here's what the US could learn about no-strings payments.

A woman at a market in Nairobi, Kenya. The country is currently piloting one of the world’s largest basic income programs. Kenya’s basic income trial has grown to 20,000 participants in 200 rural villages.

The program, which began in 2018, provides no-strings-attached cash payments for up to 12 years.

Researchers found long-term UBI supports economic stability. US leaders are taking note. Kenya is running one of the world’s largest basic income trials.The country’s program has grown to include 20,000 participants in 200 rural villages, and US leaders are taking note . The no-strings-attached cash payment model has been tried […]

Utilizing basic income to create a sustainable, poverty-free tomorrow

Colette C.C. Wabnitz

Louise S.L. Teh

Carl Folke Sumeet Gulati Stephen Polasky Show all authors Show footnotes Utilizing basic income to create a sustainable, poverty-free tomorrow Next ArticleToward zero-waste resource recovery from municipal … Highlights Science for society Summary Graphical abstract Keywords Introduction Results and discussion Experimental procedures Acknowledgments Supplemental information References Article info Figures Tables Related Articles Highlights •The COVID-19 pandemic underscored society’s vulnerabilities to shocks •Human activities have contributed to climate change and environmental […]

Prime Capital Investment Advisors

Prime Capital Investment Advisors

A Q&A with Scott Colangelo, chairman and managing partner of Prime Capital Investment Advisors and the creator of Qualified Plan Advisors. How do you define “guaranteed income” within 401k plans?

There are two options: in-plan and out-of-plan guaranteed income. The in-plan solutions mean the guarantee is there as long as the money stays in the plan. The out-of-plan solutions allow an individual who has retired to move a certain amount to an annuity outside the plan to get a guarantee. I’m not particularly a fan of the out-of-plan solutions because they’re essentially repackaging retail annuities already available in […]

Old Age Security benefits in June: $713 payment date confirmed

Old Age Security benefits in June: $713 payment date confirmed

Old Age Security benefits Federal Benefits Update: Payments You May Receive in June Confirmed

Update on next CPP retirement pension payment: New $1,300 payment in June

Among the several federal benefits that the Canadian government offers, citizens who meet eligibility requirements could receive their Old Age Security benefits in June. It is important to note that these monthly benefits do not require contributions because they are fully funded by the federal government. Some people may be automatically enrolled in the OAS by Service Canada, but if you are not, you will need to go to the official […]

$500 monthly checks in California: Who is eligible and how to claim them?

$500 monthly checks in California: Who is eligible and how to claim them?

Algunos residentes de la ciudad de Pomona, California, pueden recibir $500 mensuales. Te explicamos quién es elegible y cómo reclamarlos. A city in California has joined areas that implement guaranteed income programs . The city of Pomona, with the help of FORWARD, will begin accepting applications for the city’s Household Universal Grants Pilot Program, also known as the HUG program.

A total of 600 applicants will be randomly selected by lottery to participate in the program to receive $500 per month for 18 months, or stipend payments of $20 for the same period.

Of the 600, 250 will be selected […]

Andrew Spira Advocates For Universal Basic Income To Secure Economic Stability In An AI-Driven Future

Andrew Spira Advocates For Universal Basic Income To Secure Economic Stability In An AI-Driven Future

Andrew Spira, a dedicated proponent of Universal Basic Income (UBI), is emphasizing the importance of this policy as a buffer against financial instability and a means to foster economic resilience. UBI trials are gaining momentum globally, and early evidence shows that recipients of these no-strings-attached payments are using the funds wisely, primarily on essentials like food, housing, and transportation.

Spira’s advocacy for UBI comes at a critical time. The pandemic exposed significant gaps in emergency aid programs, and figures like Elon Musk and Sam Altman have warned that AI could make many human jobs obsolete. Meanwhile, historic inflation and rising […]

Americans will score $500 monthly payments in free money – there are no strings attached and you may get $50 bonuses

Americans will score $500 monthly payments in free money – there are no strings attached and you may get $50 bonuses

A NEW guaranteed income program is set to hand out monthly checks of $500 to select recipients.

Applications open in less than two weeks, and the money will last 18 months. Families are getting checks of $500 a month A new guaranteed income program is handing out checks to eligible families in Pomona, California .

Those who are successful will receive $500 a month for 18 months.What’s more, recipients will be eligible for $50 bonus payments for participating in surveys provided by UCLA.The money has been set aside to help parents or guardians on low income with young children. Read […]

Direct payment of $9,000 stimulus checks: You must meet the following criteria

Direct payment of $9,000 stimulus checks: You must meet the following criteria

Stimulus checks Direct payment of $9,000 stimulus checks: You must meet the following criteria The 3 remaining $1,900 Social Security checks to be paid in June

Disability benefits update: 3 SSDI payments in June

Next Direct SSI Payment Update: $943 Check Payment Day Announced Los Angeles County has announced a new direct distribution of $9,000 stimulus checks to all City of Pomona households that meet program qualifications. From June 17 through July 8 this year, residents of the City of Pomona, California, can apply for the City of Pomona’s Universal Household Grant (Pomona HUG) Pilot Program. […]