Advocates in Illinois push for broader statewide guaranteed income program
Advocates for guaranteed income in Illinois are pushing for a permanent program, inspired by Cook County’s initiative. Byron Hobbs, the organizing director for Community Change’s Economic Freedom Team, emphasized their goal to establish a permanent income program for around 100,000 eligible residents in the state. “The current economic situation hasn’t favored those who are poor […]
Brookline increases guaranteed income payments to $750 a month for its residents
Payments through Brookline’s guaranteed income program started on Monday, offering residents a significant increase compared to earlier amounts. Previously, the program provided $250 monthly, but now, participants will receive $750 each month. The Brookline Housing Authority (BHA) and Brookline Community Foundation introduced “Up Together Brookline” in October. This initiative follows an earlier program aimed at […]
County in Illinois Establishes Permanent Guaranteed Basic Income Program
Cook County Makes Basic Income Program Permanent Cook County, Illinois, has decided to make its basic income guarantee program permanent after launching it as a pilot in 2022, supported by federal COVID-19 relief funds. Last week, the Cook County Commission approved a budget of $7.5 million to solidify the program, according to reports. Notably, Cook […]
Cook County in Illinois creates a lasting guaranteed income initiative
Cook County Launches Permanent Basic Income Program The second-largest county in the U.S., Cook County, has recently established a permanent basic income guarantee program. This follows the results of a previous pilot project that garnered attention. Last week, the Cook County Commission approved a budget of $7.5 million to support this initiative. For context, Chicago, […]
49ers cancel Brandon Aiyuk’s guaranteed payment following missed meetings
Brandon Aiyuk’s Uncertain Future with the 49ers The relationship between Brandon Aiyuk and the San Francisco 49ers seems to be hitting a rough patch, despite Aiyuk having signed a long-term deal with the team last season. Aiyuk has been sidelined for the entire 2024 season due to a knee injury acquired during the year, with […]
High-ranking White House official claims Butler’s assassination attempt guaranteed Trump’s election victory
Trump’s Assassination Attempt Viewed as Game Changer A senior official from the White House recently claimed that the assassination attempt on President Trump in Butler, Pennsylvania, significantly influenced his chances in the presidential election. “That incident…it really altered everything. It was a turning point,” Dan Scavino, now leading the White House Office of Presidential Personnel, […]
Trump states Japan plans to invest $550 billion in the US under his guidance, but it’s not guaranteed.
Trump’s Deal with Japan: Trade Framework and Investment Insights WASHINGTON — President Donald Trump has something to share about Japan’s contributions to the U.S. economy, signaling a new trade framework with a reported investment of $550 billion. It’s a somewhat unexpected turn of events, and, well, it feels like there are still details to be […]
Using QLACs to Reduce TSP Required Distributions and Establish Guaranteed Income
In 2014, the US Treasury introduced a longevity pension agreement called a Qualified Longevity Annuity Contract (QLAC), which qualifies as a type of deferred income pension. QLACs can be acquired through various retirement accounts like 401(k)s, 403(b)s, SEP IRAs, and traditional IRAs. However, it’s important to note that QLACs aren’t available through the Thrift Savings […]
NFL urged owners to deny players their guaranteed earnings.
In March 2022, the Cleveland Browns made headlines by signing quarterback Deshaun Watson to a completely guaranteed five-year contract worth $230 million. Shortly after, the NFL advised teams to rethink the trend of guaranteeing contracts in full. This sparked conversations about possible collusion among the league’s 32 owners, though both sides seemed keen to keep […]
This WNBA general manager deserves to be a guaranteed choice for Executive of the Year.
Sport executives play a crucial yet often overlooked role in achieving victory. They’re not just tasked with building teams; they’re also responsible for retaining and managing talent to ensure success. In a tightly competitive league like the WNBA, crafting the ideal mix of players resembles a game of chess rather than just arranging a roster. […]