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LOS ANGELES, Feb. 18, 2021 /PRNewswire/
Only 43 percent of U.S. workers are aware of a tax credit that may help them save for retirement, according to survey findings from nonprofit Transamerica Center for Retirement Studies
® (TCRS). Also referred to as the Retirement Savings Contributions Credit by the Internal Revenue Service (IRS), the Saver s Credit, is available to eligible taxpayers who are saving for retirement. Saving for retirement can be difficult in the best of times, but even harder for many during the pandemic and challenging economy, said Catherine Collinson, CEO and president of TCRS. The Saver s Credit may help make it easier for workers to save because it lowers their federal income tax.
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Aegon N.V.: Aegon reports second half-year 2020 results
Improved operating performance; dividend well covered by Free Cash Flows
Net loss of EUR 147 million in the second half of 2020, mainly as a result of an increase of the value of liabilities in the Netherlands due to tightening credit spreads, reversing the movement seen in the first half of the year
Underlying earnings before tax increase by 7% to EUR 1,029 million driven by the benefit from higher equity markets in the United States and Asset Management, and expense savings. COVID-19 had a manageable impact, as it led to both adverse mortality and favorable morbidity in the US, which broadly offset each other
Young Adults Are on an Uncertain Road to Retirement
Global research examines the perspectives, priorities, and preparations of workers in their 20s
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LOS ANGELES, Jan. 28, 2021 /PRNewswire/ With increasing strain on social security systems globally and the economic effects of the pandemic intensifying, young adults are setting out on an uncertain journey of work and money. They are expecting to self-fund an even greater proportion of their retirement income than previous generations. However, few young adult workers (age 20 to 29) think they are on course to achieve their retirement income needs (20 percent global, 26 percent U.S.), according to a report released today,
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DARIEN, Ill., Dec. 28, 2020 /PRNewswire/ LifeQuotes.com, the online life insurance brokerage that offers comparative quotes from 40 leading life insurers and allows customers to purchase from the company of their choice, today announced the debut of an Instant Decision selector on the desktop version at www.lifequotes.com that enhances the online shopping experience by revealing those life insurers who offer instant decision underwriting. The new feature is available on the company s desktop platform. When they talk about accelerated underwriting and how modern technology can benefit life insurance shoppers, instant decision is as fast as it gets, said