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Nancy Ney | Photodisc | Getty ImagesThe downsides of 529-to-Roth IRA rolloversThe biggest downside of a 529-to-Roth IRA rollover is the conversion counts toward your annual IRA contribution limit, which may stunt future growth across both accounts, according to Loyd. "If my kids are pulling money from their 529 to make Roth contributions down the road, Daddy's not going to be happy." If my kids are pulling money from their 529 to make Roth contributions down the road, Daddy's not going to be happy. There's a lifetime cap of $35,000 for 529-to-Roth IRA rollovers, which means it would take five years of $7,000 conversions to reach the limit. Generally, it's better to keep the money growing in a 529 plan and contribute to a Roth IRA separately because you can change 529 plan beneficiaries, Loyd said.
Persons: Nancy Ney, Photodisc, Roth, Loyd, John Loyd, There's, Jim Guarino, Baker Newman Noyes Organizations: Roth IRA Locations: Daddy's, Woburn , Massachusetts
CNN —The Yurok Tribe’s annual salmon festival in Klamath, California, is a little different this year. Kids play a traditional Yurok sport known as the "stick game" at the Salmon Festival in Klamath, California. Julian Quinones/CNN“The smell of salmon should be in the air,” said Gerogianna Gensaw, a Yurok member whose husband is a salmon fisherman, and who feeds her kids salmon nearly every day in life. “It feels like having a party, but your favorite person isn’t there.”Salmon are central to the Yurok, whose territory stretches 40 miles or so up the Klamath River from this beautiful, rugged coast. Julian Quinones/CNNBut despite a lack of the sweet smell of cooking salmon at this year’s festival, there is a festive air.
Persons: Julian Quinones, Georgianna, , Gerogianna Gensaw, ” Salmon, Frankie Myers, ney, puey, ’ ”, Brook Thompson, CNN “, escarpments, they’ve, Myers, ” Myers, Oscar Gensaw, Gerogianna, Organizations: CNN, Salmon, Pacific Fishery Management Council, TNT Locations: Klamath , California, Yurok, California, Trinity
The most expensive counties generally have fewer childcare workers or the state doesn't provide enough financial support for low-income families. The US Department of Health and Human Services considers childcare "affordable" if it costs less than 7% of a family's income. The pandemic provided a perfect example of this dynamic: 2 million women left the workforce and haven't returned, citing childcare costs as the No. Counties with higher levels of poverty often lack affordable care as childcare workers themselves can't afford to live on the industry's low wages. In Canada, where childcare workers make more, that ratio is six to one.
Persons: haven't, It's, Joe Biden, doesn't, Annie Lowrey, Grant, Jeremy Ney Organizations: Department of Labor, US Department of Health, Human Services, New, Bay State, University of Massachusetts Amherst, US, Preschool, America, Federal Reserve Bank of New Locations: Massachusetts, Mississippi, New York City, America, Kings County, Brooklyn, Queens County, Bronx County, Bronx, Bay, While Massachusetts, California, . Mississippi, New York, Canada, Portland , Oregon, Portland, Michigan, The, Federal Reserve Bank of New York
George Santos is far from the first member of Congress to be indicted while in office. agents discovered $90,000 hidden in the freezer of Representative William Jefferson, who was under investigation for bribery. But in one way, Mr. Santos is different from other members of Congress who have demonstrated moral failures, ethical failures, failures of judgment and blatant corruption and lawbreaking in office. These misdeeds erode the faith in the institution of Congress and the electoral system through which American democracy functions. For that reason, House Republican leaders should have acted immediately to protect that system by allowing a vote to expel Mr. Santos and joining Democrats in removing him from office.
March 3 (Reuters) - Paris St Germain forward Neymar will miss the next two games due to an ankle injury, coach Christophe Galtier said on Friday, ruling him out of their Ligue 1 clash with Nantes and the second leg of their Champions League last-16 tie against Bayern Munich. The reigning Ligue 1 champions, who will also be without defender Achraf Hakimi, look to overturn a 1-0 deficit in the Champions League away at Bayern Munich on Wednesday, but Galtier's priority is Saturday's fixture against Nantes. "Our squad is weakened by suspensions and injuries, we have to work our way through the league," the French manager said. "I hope the players don't have the game against Bayern on Wednesday in the back of their minds. It's important to get the third league win in a row."
But, on Friday, Lionel Messi and Kylian Mbappé combined for a sublime goal that seemed otherworldly in its precision and fluency. PSG took a 2-0 lead against Ajaccio with that goal in the 78th minute and eventually won 3-0, following a brace from Mbappé along with Messi’s outrageous goal. Kylian Mbappe celebrates with Lionel Messi. “Obviously, people come to the stadium to see Leo, the PSG team, Kylian,” PSG’s head coach Christophe Galtier told reporters afterwards. I say it often, but [Messi] is one of the best players in the history of football.
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