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Retirement Planning

Govt revokes proposal to force employees to contribute to state-run pension fund [Video]

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Mandy Wiener interviews Isobel Frye, Director at the Studies in Poverty and Inequality Institute.

  • The Studies in Poverty and Inequality Institute is disappointed that the government has withdrawn the green paper proposing mandatory contributions to a pension fund

  • It says the response to the green paper by organised business was not “in good faith”

The government has withdrawn the green paper that proposed a compulsory pension and insurance fund for workers.

It gave no reasons for the withdrawal.

The government wanted all formally employed workers to pay up to 12% of their earnings into a state-managed social security fund.

© michaeljayfoto/123rf.com

"There were far too many wide-ranging and negative impacts that just talking about was going to have on the economy," said Wayne Duvenage of the Organisation Undoing Tax Abuse (Outa).

"You have to make sure you have your social partners or stakeholders fully engaged,” said Cosatu’s Sizwe Pamla.

“We don't want to shoot the entire thing down.”

Mandy Wiener interviewed Isobel Frye, Director at the Studies in …

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Retirement Planning

*CHIRSTMAS STIMULUS MONEY!* SENT OUT! BIDEN APPROVED CHECKS! FOURTH STIMULUS CHECK UPDATE! [Video]

Todays update on social security benefits and stimulus. This is an update for social security, ssi, and ssdi regarding stimulus, social security benefits and the retirement crisis.In this video, we discussed the $2000 Thanksgiving day stimulus check that is recently become very popular. This is in reference to what we talked about the other day, this massive push for Congress to issue a $2000 Thanksgiving day stimulus check. We discuss where the $2000 Thanksgiving day stimulus check is coming from and what is symbolizes going forward. Millions of Americans need a fourth stimulus check which is being called the $2000 Thanksgiving day stimulus check. As We discussed in this video, we were not necessarily expecting a $2000 stimulus check to be deposited today, Thanksgiving day, but rather this is what people are referring to as the Thanksgiving day $2000 stimulus check in reference to some massive pushes on Congress to have them issue a Stimulus Check focused on low income and struggling Americans. This is a Stimulus Update, stimulus check update, stimulus package Update, Stimulus Check Update Today, Fourth Stimulus Check Update and Stimulus Check status update.Stimulus Package Update , Fourth Stimulus Check Update Today 2021 and Daily News Update. The Fourth Stimulus Package Update will probably be between 1.5 trillion and 2 trillion dollars and President Biden has confirmed there will be another stimulus package after this one! There are lots of items that could be in this next stimulus package like a Fourth Stimulus Check, an extension of the Child Tax Credit Monthly Check Payments of $250 to $300 per month per child. Also in this next package is supposed to be an Adult Tax Credit as well, also $10,000 or more of Student Loan Forgiveness 2021 and Student Debt Forgiveness sometime in the future, $200 per month Social Security Raise, Medicare coverage to include Dental Insurance, Hearing Insurance, and Vision Insurance, a $25,000 home buyer credit, mortgage and rent assistance, utility and property tax assistance, $10,200 unemployment tax refund and more coming. President Biden also passed multiple executive orders already and said there is more to come. There are also states and cities are passing stimulus checks and rent assistance like the California stimulus check update called the Golden State Stimulus Program where California just announced $600 to $1100 stimulus checks to over 25 million people and other states are announcing new stimulus checks and programs like this in the near future. So make sure to watch to the end of this video and subscribe for more upcoming videos as there are more areas passing stimulus each day. In addition to 4th stimulus check update there are proposals for social security stimulus check and for a 2021 increase social security benefits, ssi, ssdi, and railroad benefits by $200 EXTRA per month or $2400 per year social security changes and also an unemployment update of benefits of $1200 per month ($300 per week). Also tune in for more information about the third stimulus check update and what the new administration plans to do with the new $2000 stimulus check update and info on your tax refund 2021! #StimulusCheck #StimulusUpdate #StimulusPackage #FourthStimulusCheck #Stimulus #StimulusCheckUpdate #SSDI #SSI #SocialSecurity

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Retirement Planning

IMPORTANT NEWS!! Build Back Better Bill Restricts Back Door IRA and Mega Back Door Roth 401k! [Video]

IMPORTANT NEWS!! The House passed the Build Back Better Bill today and has restricted the Back Door IRA and Mega Back Door Roth 401k. They also closed out Roth Conversions for high income earners ($400K/$450k) and included the $10M cap on total retirement account balances (delayed effective dates).The self-directed restrictions in prior versions of the bill are out (big win for self-directed IRAs). The bill now moves to the Senate for consideration and vote.Directed IRA has helped thousands of self-directed investors and has processed over half a billion in self-directed transactions. It is the highest-rated self-directed IRA custodian based on verified google reviews and takes pride in providing knowledgeable and helpful service to its customers.Self-directed accounts can be fully opened within 5 minutes using Directed’s online e-sign application. https://directedira.com/open-accounts/​The Self-Directed IRA Summit is an annual educational event (1 ½ days) providing live self-directed IRA education and networking and is hosted by Directed IRA. You can register for the upcoming Summit or can buy the recording of prior years at https://sdirasummit.com/​Mat Sorensen’s book, The Self-Directed IRA Handbook, is the number one book on self-directed IRAs and has sold over 30,000 copies. You can purchase the book and follow important updates at https://sdirahandbook.com/​

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Retirement Planning

✮ Stimulus Package Update ✮Watch 👉🏻 https://www.youtube.com/playlist?list=PLXiTYQA6z-K5Klop-v5_TDmTLC_7S8RlqHi everyone,this is a CHANNEL for updating Stimulus Package Update everyday.Fourth Stimulus Check UpdateChild tax credit 2021IRS tax refundsStudent Loan ForgivenessIRS stimulus checks4th & 5th Stimulus Check UpdateUnemployment tax situation4th stimulus check updateInfrastructure Billstimulusstimulus checkirs get my paymentstimulus check updatestimulus updatestimulus package updatestimulus packagestimulus check statusstimulus billfourth stimulus checkstimulus newsstimulus check 2021new stimulus checknext stimulus checkstimulus check 44th stimulusnew stimulus packageThank you#IrsGetMyPayment#StimulusBill#4thStimulus

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Retirement Planning

Social Security, SSDI will get this much in 2022In this video, we discuss Social Security benefits including SSDI and how much of these millions of beneficiaries will be getting in 2022 as a result of everything going on right now. Many people in this community who receive Social Security benefits are wondering how much they will get it in 2022? This is what we cover in this video, how much will Social Security, SSDI and retirement benefits get it in 2022? We discuss all the answers in this video. This Video is specifically dedicated to Social Security retirement, Social Security disability, and Social Security survivors benefits, we also do have a dedicated videos talking about SSI, supplemental security income. If you are someone who receives Social Security benefits of any kind Including SSDI, this video is for you as we talked through some numbers. Of course we do not know what each specific person will be receiving simply because everybody receives a different benefit for the most part, however we discuss a general parameters around a monthly benefits in 2022.#SSDI #SSI #SocialSecurity Todays update on stimulus for seniors, ssi, and ssdi#socialsecurity #stimulusupdate