One way to mitigate is set up 529 for theeldes for the oldest. Life changes and you can reassign the 529 plan. You can reassign th the 529 plao the younger brother. There are more considerations to talk about different i guess not so much lineage but i i am losing the word. If you try to go from child to grand child there are considerations in there. Like the gift and tax planning considerations. It is such a small subset of people with those issues. More people are trying to come up with funds to pay for college and end up taking out loans. If i remember correctly, publication 502, i believe the 529 plans are revised a bit. I forget the exact dollar. You can take out to pay for Student Loans. Is that right . You can pay for Student Loans out of it including your own. Francis was talking about transferring to another family member. One child doesnt need it and you can transfer to a family member. This is apart tha a part of thet you can transfer upwards to parent or grandparent. If you
Will talk about this later on, but seems like europe is edging one step closer to that 1. 8 trillion euro recovery fund, which would be huge, particularly as the u. S. Cant get it on stimulus. So huge that the euro barely budgets. [laughter] alix it could be worse. Guy it is big news, but i think there was belief in the market that this is a done deal, and europe will ultimately come to the right conclusion and make the stimulus happen, 1. 8 trillion euros. So i think the market had already priced this one. As you can see, unchanged on eurodollar on the back of that. We are getting the jobs data coming through. 6. 43 islittle light, the number. 6. 5 was the expectation. Actually, the prior number devised down a little bit as well. So maybe a little bit of softer data coming through, but the market doesnt care. The market is looking through the virus. All of the bad virus news, you can put that in the rearview mirror. That certainly seems to be the sentiment right now. Lets dig around w
Casting this meeting. To protect the employees and the public due to covid 19 the meeting in the chambers is closed. Due to state and federal orders and directives. You can participate in the meeting through video conference. Comments are available through each item on this agenda. Comments or opportunities to speak during Public Comment period will be available during. Best practices are to call from a quiet location, speak clearly and slowly. Turn down your television and radio. You can make Public Comment in the following ways. Provide Public Comments via email, it will be forded to the supervisors and be included in part of the decision file. Thank you very much. Can you please call items one, two, and three together. Sus spendin suspending the ct policy and recurring expenditures. Item number two all estimated receipts and expenditures of the city by july 31. Item no. 3 annual salary ordinance and annual budget ordinance for the fiscal years ending 2021 and june 302022. If you wis
And promotions staff within Population Health, and those folks are under this yellow block under operations, but that means that theyre also overseeing the Human Services, which is doing housing and feeding. [inaudible] within Population Health, and that modelling that theyre doing is both our normal work of taking in public results of Infectious Disease tests, but its also new work that i think is really an advancement of what we normally do in the department, working with outside assistance for modelling and making sure that we are able to project into the future. And that is led by jim marks, who is an anesthesiologist and many others in that structure. Go forward. Ill let you know that all of the guidance that comes out is part of the information and Guidance Group that is headed by reeta nguyen, dr. Rita nguyen, and she is part of Population Health and leads a team of doctors and physicians and they write all the research about what the current recommendations are. That group had
Be also not seeing the robust gains we have seen the last couple days. Looks like we are snapping out of six days of gains for mainland shares. Hang seng also down 53 points or so. Nikkei futures slightly positive. We are watching currencies and other bonds as well. We are looking of course at the dollar which is holding pretty steady after we saw some strength in the u. S. Session. Chinese 10 year yields, yields actually falling lower by two basis points. Offshore room and be back above 710, 702. Aussie dollar continuing to see weakness with victoria, melbourne under a six week lockdown. And of course we mentioned the yen earlier. We are watching the hong kong dollar very closely here. Our scoop on how president trumps aids are waiting proposals to undermine hong kongs dollar. Seems like right now it is just talk, a lot is hypothetical. You are seeing a lot when it comes to the spot rate, but you see of the bit of movement in some of these markets, up slightly. Of boostingback interve