UpLift to continue despite new law banning local government funding

UpLift to continue despite new law banning local government funding

UpLift project managers said that the guaranteed income program will continue until its planned conclusion in the spring of 2025 with private funding support following the new law’s signing. (Photo by BetterPhoto/iStock/Getty Images) Although Iowa has a new law preventing local governments from funding guaranteed income programs, the UpLift program in Iowa plans to continue through outside support.

Gov. Kim Reynolds signed House File 2319 into law Wednesday. The measure prevents cities and counties from implementing programs that support supplemental incomes to residents with no work requirements or restrictions on how the funds are spent. The new law gives the […]

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Topic: universal basic income

Moderator: Lonne Leyssens

Participants: Mathis Tack, Yannick Libbenga, Lonne Leyssens Introduction In recent years, Universal Basic Income (UBI) has gained widespread popularity as a proposed policy. It suggests that each individual within a nation should receive a consistent and unconditional cash disbursement from the government, regardless of their income or employment situation. The primary objective of this payment is to establish a baseline of financial stability and ensure that all citizens can meet fundamental necessities such as food, shelter, and healthcare. Supporters of UBI argue that it holds the promise of reducing poverty, fostering economic […]

Mayor Brandon Johnson Re-Launches Guaranteed Income Advisory Group, Joins Mayors for a Guaranteed Income Coalition

Day two of countdown to first-year anniversary focuses on policy, and the advisory group informing Mayor Johnson’s vision for the ARPA-funded guaranteed income pilot that will deliver dollars directly into the hands of Chicagoans.

Mayor’s Press Office 312.744.3334

CHICAGO – Mayor Brandon Johnson today announced the launch of an advisory group of City of Chicago officials, Chicago City Council members, and community advocates to advise on his Chicago Empowerment Fund, a guaranteed income pilot using federal dollars through the American Recovery Plan Act (ARPA). The advisory group will be tasked with providing guidance on the eligibility and outreach […]

TIAA, Nuveen Hit $35B With Lifetime Income Solutions

TIAA, Nuveen Hit $35B With Lifetime Income Solutions

Image Credit: © Cammeraydave | Dreamstime.com Assets for TIAA and Nuveen’s lifetime income target-date solutions reached $35 billion, the two companies announced today in a release .

The suite of lifetime income-embedded target-date offerings include the TIAA RetirePlus solution, the TIAA Secure Income Account (SIA), and the new Nuveen Lifecycle Income CIT series (NLI).

The TIAA RetirePlus platform is a qualified default investment alternative (QDIA) for the 403(b) and nonprofit market, while the TIAA Secure Income Amount works as a fixed annuity like its traditional counterpart but is specifically designed to be used as an allocation within managed accounts or custom […]

Why Annuities Belong In Clients’ Retirement Income Plans

I drive a Chevy Volt, frequent public transportation and bike to work when the weather allows.

I’m conservative in my spending and investing and relatively immune to fads. I won’t be baited into paying extra fees for goods or services when I don’t think they’re worth the cost.

So readers may find it surprising that I agree with ardent annuity advocates that guaranteed income products hold a rightful place in many clients’ retirement plans. The marketplace seems to agree: Witness the boom in annuity sales over the past two years. Retirement Income Planning Is Not For DIYers According to the […]

Universal Basic Income: A Necessity or a Dream?

Universal Basic Income: A Necessity or a Dream?

Universal Basic Income: A Necessity or a Dream?

Bryan Driscoll

· Follow Published in Coping with Capitalism ·8 min read·6 hours ago–The fabric of our workforce is undergoing a seismic shift. The relentless march of automation and AI is not just reshaping industries; it’s redefining the very essence of work. Amidst this technological upheaval, Universal Basic Income (UBI) emerges as a beacon of hope, offering a radical yet essential solution to the dislocations caused by our relentless pursuit of progress.This article aims to dismantle the notion of UBI as mere idealism. Instead, it positions UBI as a critical […]

Monthly stimulus checks for 12 months: More than $700 – but you must meet these criteria

Monthly stimulus checks for 12 months: More than $700 – but you must meet these criteria

Monthly stimulus checks for 12 months: More than $700 – but you must meet these criteria New payment increase for the disabled: SSDI check payment to reach millions of bank accounts within hours

Everything changes in Social Security benefit payments: Seniors who will see changes in their monthly paychecks

Social Security double payments begin today: These are the increased benefits seniors will receive New monthly stimulus checks are coming to eligible residents in the Golden State. All individuals and households must meet specific criteria to receive more than $700 per month for one year. With the […]

TX County’s ‘Basic Income’ Welfare Program Halted

TX County’s ‘Basic Income’ Welfare Program Halted

Uplift Harris | Image by Harris County Harris County’s ambitious plan to roll out a guaranteed “basic income” welfare pilot program hit a legal roadblock when the Texas Supreme Court issued a temporary injunction, halting the distribution of $500 payments to select residents.

The decision followed an emergency request from Texas Attorney General Ken Paxton and ongoing litigation challenging the constitutionality of the initiative, as previously reported by The Dallas Express .

The Supreme Court of Texas (SCOTX) responded to Paxton’s plea, ordering a halt to the county’s Uplift Harris program, which aimed to provide no-strings-attached monthly stipends to nearly 2,000 […]

California Bill Proposes Guaranteed Income for Homeless High School Seniors

California Bill Proposes Guaranteed Income for Homeless High School Seniors

State Senator Dave Cortese speaks about Norman Y. Mineta during a ceremony honoring the late California mayor and representative at San Jose Mineta International Airport in San Jose, California, on Thursday, January 25, 2024. Shae Hammond/Bay Area News Group) Student homelessness has risen to pre-pandemic levels, after years of decline. Now, a San Jose lawmaker has introduced a California bill to provide homeless high school seniors with a guaranteed income to help them enroll in college or enter the workforce.

A recent data analysis from the Public Policy Institute of California found that after three years of declines, the number […]

A new California bill could provide cash to homeless high school seniors

A new California bill could provide cash to homeless high school seniors

State Sen. Dave Cortese speaks about Norman Y. Mineta during a ceremony honoring the late mayor and California Representative at San Jose Mineta International Airport in San Jose, Calif., on Thursday, Jan. 25, 2024. Shae Hammond/Bay Area News Group) Student homelessness has risen to pre-pandemic levels, after years of decline. Now, a San Jose legislator has introduced a California bill to provide unhoused high school seniors with a guaranteed income to help them enroll in college or enter the workforce.

A recent data analysis from the Public Policy Institute of California found that after three years of declines, the number […]