The Los Angeles City Council advanced a proposal on Tuesday, Oct. 1, intended to establish a guaranteed basic income program for victims of intimate partner violence and foster youth. In a 10-0 vote, ...
The recently proposed Retirement Simplicity and Clarity Act would expand in-service rollovers to include annuities. In-service rollovers currently provide active employees with the ability to move ...
“No one wants a mandate," however, mandating that retirement plan sponsors offer guaranteed retirement income should not be controversial, according to Eric Stevenson, president of retirement ...
SACRAMENTO, Calif. (AP) — California lawmakers on Thursday approved the first state-funded guaranteed income plan in the U.S., $35 million for monthly cash payments to qualifying pregnant people and ...
Using guaranteed income, like Social Security, to pay everyday bills may save me from withdrawing from retirement accounts before I'm ready. Given the work that needs to be done to secure Social ...
Retirees increasingly want paychecks that feel as reliable as their old salaries, yet many are discovering that Social Security alone will not cover the lifestyle they worked for. The good news is ...
Learn about guaranteed income annuities (GIAs), including their features and types. Discover their benefits, risks, and how ...
The idea of humans living to age 100 used to be the realm of fairy tales and science fiction. While it’s still not a common reality, advancements in healthcare are making it increasingly possible. But ...
When I was accepted into the Baltimore Young Families Success Fund guaranteed income program in 2022, I did not realize how deeply it would impact my life. I thought it might help me stay afloat, but ...
Understanding that their need for stable income won’t change — even if the candles on their birthday cake hit triple digits — many people are turning to what’s known as the 100-year life plan. Though ...