On April 3, 2023: A Legislative Committee for Pensions and Retirement

00:43 - Final action on the 2023 Omnibus pension budget bill: Adoption of HF3100 (Her); SF3162 (Frentz), as amended, as the 2023 Omnibus pension budget bill. Runs 52 minutes....(read more)

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The Legislative Commission on Pensions and Retirement convened on April 3rd, 2023 to discuss the state of pension programs in the United States. The commission is composed of lawmakers, experts, and representatives from various industries and sectors. Their goal is to ensure that pension funds and retirement benefits are sustainable and affordable in the long term. During the meeting, the commission reviewed a report on the current status of pension programs across the country. The report highlighted significant challenges faced by workers in terms of retirement benefits accessibility and sustainability. Among the challenges cited is the increasing cost of health care, low-interest rates, and a more mobile workforce. The report also highlighted the need for flexible retirement plans that can accommodate the changing workforce demographics. One of the significant issues discussed during the meeting was the rising cost of healthcare, which poses a challenge to both workers and the pension plans. The commission discussed strategies to reduce healthcare costs, such as promoting healthy lifestyles and providing adequate medical care to prevent chronic diseases. They also discussed ways to increase savings, such as encouraging employers to offer retirement plans and improving workers' financial education. Another key topic of discussion was the need for more mobile workforce retirement plans. With many workers switching jobs frequently, it is crucial to have portable and flexible retirement plans. The commission discussed potential solutions such as creating standard retirement accounts that workers can bring with them to any job they take. Overall, the Legislative Commission on Pensions and Retirement meeting highlighted the need for collaborative efforts to address the complex and changing retirement landscape. They emphasized the importance of finding solutions that ensure retirement benefits are affordable, accessible, and sustainable for all workers. The commission plans to continue meeting regularly to review progress on implementing recommendations to ensure American workers receive a secure and comfortable retirement. https://inflationprotection.org/on-april-3-2023-a-legislative-committee-for-pensions-and-retirement/?feed_id=87900&_unique_id=643a24a2193db #Inflation #Retirement #GoldIRA #Wealth #Investing #houseofrepresentatives #MinnesotaHouse #MinnesotaHouseofRepresentatives #MinnesotaLegislature #mnleg #Nonpartisan #NonpartisanPublicInformationServices #PublicInformationServices #QualifiedRetirementPlan #houseofrepresentatives #MinnesotaHouse #MinnesotaHouseofRepresentatives #MinnesotaLegislature #mnleg #Nonpartisan #NonpartisanPublicInformationServices #PublicInformationServices

"Is Birch Gold Group a Reliable Choice for Your 2023 Gold IRA Investments?" - A Quick Review #shorts

In this Birch Gold Group review video, I go over what makes this Gold IRA company unique, the pros and cons, their fees, minimums, and much more. Get their free guide here: 👉 FREE Resources: ➜ Gold IRA Company Reviews: Birch Gold Group boasts high ratings from consumer advocate groups. With an A-plus rating from the Better Business Bureau, a triple-A rating from the Business Consumer Alliance, and high marks from Trust Link, Trustpilot, and Google Business, Birch Gold is a top choice to trust your hard-earned retirement savings. Birch Gold Group’s low initial investment minimum is another edge it has over its competitors whose minimums can range from $25,000 to $50,000. A beginning $10,000 minimum investment is all that is required to start a GOLD IRA with Birch which is advantageous for first-time investors. Spanning nearly two decades, Birch Gold Group’s mission and philosophy focus on a commitment to understanding your needs and finding the right fit for you. Their

New York Times Company Continues to Add Online Subscribers at a Steady Clip

Business News by Timothy Sumer - The company’s first quarter results showed total paid subscriptions reaching 4.5 million. Online ad revenue rose 19 percent, to $55 million, thanks, in part, to “The Daily” podcast. from NYT > Business https://nyti.ms/304QC2w via Timothy Sumer

Should I Rollover My 401k to an IRA? YES! #shorts #retirement #financialfreedom

Should I Rollover My 401k to an IRA? YES! #shorts #retirement #financialfreedom Should I Rollover My 401k to anIRA 🤔 || 401k to IRA Rollover Pro's & Con's In this video, I want to talk about rolling over your 401k to an IRA Rollover and if that makes sense for your retirement planning . I want to look at the pro's to rolling over a 401k and also the con's to rolling over a 401k. When you should rollover your 401k to an IRA and when you should NOT rollover your 401k to an IRA. Let's talk about when you should NOT rollover your 401k to an IRA: 1. You are still working and are under the age of 59.5 2. You are 55 and considering retirement (Rule 55) 3. Increased creditor protection in a 401k 4. 401k's offer loans--IRA's do not offer loans Why you SHOULD rollover your 401k to an IRA 1. More investment choices in IRA over 401k 2. Lower investment fees 3. Convert IRA to Roth IRA (Roth IRA Conversion) 4. Consolidation from multiple 401k'

Timothy Sumer

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