A pedestrian passes a notice for the Revival International Center (Centro Internacional de Avivamiento) food pantry, in a city hard hit by the coronavirus disease (COVID-19) outbreak, in Chelsea, Massachusetts, U.S., July 9, 2020. Brian Snyder | Reuters The recent Covid relief package offers 11 extra weeks of jobless benefits to workers. Many, but not
Month: January 2021
Getty Images It’s a new year, and for many, that means tackling financial resolutions head on. Luckily, there are a wealth of free or low-cost tools at the disposal of anyone with a smartphone, including Robinhood, Stash, Mint and more for budgeting, saving, investing or even a combination of financial goals. “Financial technologies are here
vgajic | E+ | Getty Images People of color are paying more than twice the amount in banking fees than White Americans, a Bankrate survey found. When asked about fees such as ATM, overdraft and routine service charges, Black adults report shelling out an average of $12 a month for checking accounts at banks or
Andy Beshear, governor of Kentucky Scotty Perry/Bloomberg via Getty Images Kentucky is sending $400 checks to thousands of unemployed workers in the state who didn’t qualify for an earlier round of relief authorized by President Donald Trump. Other workers whose jobless benefits have been significantly delayed will get $1,000 one-time payments. Gov. Andy Beshear signed
Alistair Berg | DigitalVision | Getty Images Many jobless workers are about to find out they could owe federal and state taxes on their 2020 unemployment income. The news might be particularly unexpected for independent contractors and self-employed people who normally aren’t eligible for state benefits, but may have received Pandemic Unemployment Assistance through the
Starbucks is starting a $100 million fund aimed at investing in community development projects and small businesses in areas populated by Black, Indigenous and people of color. The company’s Community Resilience Fund is part of a broader plan to step up its commitment to racial and social equity, particularly in the communities where it operates
A party store saleswoman shows us a critical flaw in our retirement planning. getty Suzy rings up another customer in a party supply store. Surrounded by bright, bouncing balloons celebrating everything from anniversaries to birthdays, Suzy scans a bag of blue plastic spoons while speaking to a friend. Leaning across the checkout counter between bouquets
The simplest and most seemingly innocent things are costing lives. It’s natural for us to want to gather, no matter what warnings the CDC issues about Covid-19. Holidays are so important that many people chose to travel for family gatherings, figuring that they could minimize risks by sanitizing surfaces and wearing masks on planes or
Dutch boy saves the dike, from Hans Brinker. Illustration. BPA2# 2334 Bettmann Archive Yes, the Dutch boy who saved his city by plugging a hole in the dike with his finger, crying out, “Haarlem shall not be drowned while I am here!” is fictional, but recent reports call him to mind. The $2,000 check plan
NurPhoto via Getty Images The American justice system is going to be very busy in both civil and criminal courts in the coming months and years as a result of the Capitol riot. It stands to reason that many of the individuals who will stand trial or plea bargain for having participated in this event
We’ve made it through the disaster of 2020. It’s a new year, which means it’s time to set our goals … [+] and resolutions for the months ahead. getty We’ve made it through the disaster of 2020. It’s a new year, which means it’s time to set our goals and resolutions for the months ahead.
By Richard Eisenberg, Next Avenue Editor getty Usually around this time of year, I write a post revealing the “best places to retire abroad” based on the new annual rankings from International Living (IL) and Live and Invest Overseas and explain why the winners won. Well, their new lists are out, but I can’t write
Mature woman helping elderly mother with paperwork getty If you have bought into the idea that aging in place in the home you’ve maintained for 30+ years is the best answer to the question of where to live as you age, I can only conclude that you have decided it’s payback time for your children.
getty What will happen to your bitcoin when you’re gone? Do you know who will be able to access your email, social media accounts, online dating profile, digital subscriptions and memberships, rewards points and other digital assets? Do you know the value of your online life, and have you considered addressing your digital assets in
The red fire pumps by the real squad fire truck in Chicago Fire Department at the quarters of Engine … [+] Co. 5, filmed in the legendary series ‘Chicago Fire.’ getty In the Chicago Sun Times on Monday, a headline: “Illinois Senate passes firefighter pension bill over mayor’s strenuous objections.” “With the spotlight focused elsewhere
A participant stands at the OECD headquarters in Paris during the presentation of the Economic … [+] Outlook at the 2013 OECD Week on May 29, 2013. AFP PHOTO ERIC PIERMONT (Photo credit should read ERIC PIERMONT/AFP via Getty Images) AFP via Getty Images Martin Hearson of the International Center for Tax and Development and Emmanuel Eze
The IRS has a deadline of January 15 to send out $600 stimulus checks. After that, individuals will … [+] need to claim the money by filing their 2020 tax returns, which means they may not see their stimulus payment until February or March. getty Time is running out for the IRS to distribute $600
Economic Security Planning, Inc. Today’s column addresses questions about what happens to a person’s benefit when an ex files on their record, how to file for retirement benefits after taking spousal benefits first and whether it would be a good idea to take early retirement after disability benefits. Larry Kotlikoff is a Professor of Economics
12 January 2021 Most of the commentary about indirect tax changes arising from the end of the Brexit withdrawal period has been on the movement of goods between the UK and EU and vice versa. While not as high profile or as wide-ranging, there were also changes relevant to organizations providing services. Services businesses also
The total U.S. national debt currently stands at $27.6 trillion, or $21.6 trillion if one excludes … [+] intragovernmental debt (such as that owed to the Social Security and Medicare trust funds). getty When President-elect Biden begins rolling out his ambitious recovery agenda on Thursday, economists and policymakers will debate to what extent it should
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