DIRS.INFO top alerts submit data jurnalism about API
login
Top related persons:
Gomez - 2 Al Drago - 1 Biden - 1 Obama - 1 Lisa Gomez - 1 That's - 1 Andrew Oringer - 1 Oringer - 1
Top related locs:
Washington IRAs Duluth , Minnesota Minnesotans Duluth Fayetteville , Arkansas . Duluth El Salvador
Top related orgs:
U.S . Department of Labor - 1 Bloomberg - 1 Getty - 1 Labor - 1 Security - 1 The Labor Department - 1 Economic Advisers - 1 Biden - 1

Search resuls for: "Lisa Gomez"


4 mentions found


☆ Labor Department issues rule to crack down on bad retirement savings advice
  + stars: | 2024-04-23 | by ( Greg Iacurci | ) www.cnbc.com   time to read: +4 min
Al Drago/Bloomberg via Getty ImagesThe Biden administration issued a final rule on Tuesday that cracks down on the investment advice that advisors, brokers, insurance agents and others give to retirement savers. The final rule takes effect on Sept. 23. Current retirement rules don't provide adequate protections to savers, Labor Department officials said during a press call Tuesday. Such a dynamic can "chip away" at Americans' savings, Gomez said. The amount of 401(k)-to-IRA rollovers is 'astronomical'The final rule doesn't differ significantly from the Biden administration's initial proposal, Labor officials said.
Persons: Al Drago, Biden, Obama, Lisa Gomez, That's, Gomez, Andrew Oringer, Oringer Organizations: U.S . Department of Labor, Bloomberg, Getty, Labor, Security, The Labor Department, Economic Advisers, Biden, Finance, Economic, Wagner, Department of Labor Locations: Washington, IRAs
☆ I paid just $135,000 for my house when homes in the area are going for twice that. Here's how.
  + stars: | 2024-03-31 | by ( Alcynna Lloyd | ) www.businessinsider.com   time to read: +8 min
The couple paid less than usual for the area by going through a community land trust, or CLT. Community land trusts allow low-income homebuyers to purchase homes at a reduced price in exchange for the trust's retaining ownership of the property's land. Community land trusts were an unfamiliar conceptI learned about community land trusts while driving through a neighborhood. It's a community housing organization that offers homebuyer education and also sells affordable homes through a community land trust program. Our lives are much betterWhen buying a land trust home, not only do you have to qualify for the land trust program, but you also have to qualify for a mortgage at the bank.
Persons: Melisa Gomez, Romo, —, It's, Gomez, we're Organizations: Service, Romo, Land Trust Locations: Duluth , Minnesota, Minnesotans, Duluth, Fayetteville , Arkansas, . Duluth, El Salvador, Mexican
☆ Biden releasing nearly $36 billion to aid pensions of union workers
  + stars: | 2022-12-08 | by ( ) www.cnbc.com   time to read: +2 min
President Joe Biden on Thursday is announcing the infusion of nearly $36 billion to shore up a financially troubled union pension plan, preventing severe cuts to the retirement incomes of more than 350,000 Teamster workers and retirees across the United States. Many union retirement plans have been under financial pressure because of underfunding and other issues. Biden traveled to Ohio in July to highlight the final rules for the pension relief program. The amount going to the Central States Pension Fund represents somewhere between one-third and one-half of the total estimated cost of the federal aid program. The retirement plan has participants in almost every state, with the largest concentration in the Midwest.
☆ New Biden rule allows socially conscious investing by retirement plans
  + stars: | 2022-11-22 | by ( Daniel Wiessner | Thomson Reuters | Dan Wiessner | ) www.reuters.com   time to read: +3 min
The Labor Department announced a final rule first proposed last year after Biden, a Democrat, ordered government agencies to assess climate-related risk to retirement and pension investments. The rule will make it easier for retirement plans to invest in socially responsible funds and companies, though it requires investment decisions to be based on traditional financial factors. Biden's administration rescinded regulations adopted in 2020 under Trump, a Republican, that allowed retirement plans to consider only financial factors and not social responsibility in making investment decisions and exercising shareholder rights. The new rule also allows plan fiduciaries to consider ESG factors when proxy voting on behalf of shareholders. Funds adhering to ESG principles oversee an estimated $6.5 trillion in assets, though they have experienced an unprecedented drop in investments this year amid the market downturn.
0 next >>
Total: 4