The article focuses on the intentions expressed by Michael L. Fitzgerald, treasurer of Iowa, towards establishing an optional state defined contribution plan, is the legislation of the state enacts to raise contributions and lower benefits of the Iowa Public Employees' Retirement System.BurrBarryB....
Coastal states — including Massachusetts, Washington, California, New York and Alaska — are the worst states for retirement, according to Bankrate. Not only is Iowa is the sixth cheapest state to live in, Bankrate noted, pointing to data from the Council of Community and Economic Research, ...
Affordability is particularly important for older Americans since so many live on fixed incomes. A total of 41 percent of Americans who report that they’re not financially secure point to their lack of retirement funds as a key reason, according toBankrate’s 2023 financial freedom survey. “Th...
While tax rates might not make or break your decision to live in a particular state, they are worth considering, especially as youplan for retirementor evaluate your overall financial health. A lighter tax burden could mean more freedom to enjoy your earnings now and more security...
Legislation:Senate Bill 1621 (September 11, 2007).State Bodies Affected:State Retirement Systems, State Board of Investment.Report:Iran Act Annual Report of the State Board of Investment (January 1, 2015).Prohibited Investment:61 companies (as of January 1, 2015).Amount Divested:$133 million (...
Financial and Accounting:Accounting, Bookkeeping, Auditing, Credit Card Services, Credit Reports, Medicaid billing, Debt Collection, Financial Consulting, Retirement Plan, Investment Food Services:Cafeteria, Catering, Drink, Vending Machines, Concession Stands ...
California has taken a step closer to becoming the first state to make retirement savings accounts a near-universal benefit for workers with a plan that
There are no yearly 529 plan contribution limits, as there are with many retirement accounts. However, each state sets its lifetime contribution limit for 529 accounts per beneficiary, typically ranging from $235,000 to more than $550,000. You also might trigger the gift tax if you ...
Iowa down payment assistanceYou can find grants and loans for down payment or closing cost assistance through the Iowa Finance Authority. Assistance is available for both first-time home buyers and veterans. If someone is purchasing a home in a low-income census tract, they may also be eligible...
Wenstrup, who was first elected in 2012, announced his retirement last fall, citing the “frantic pace of Washington” that has kept him away from his family back home. Among the 10 Republicans Taylor bested in the primary Tuesday was Derek Myers, a former local journalist whose campaign se...