All articles tagged with #contributions
The SECURE 2.0 Act, signed into law in December 2022, introduces new rules affecting retirement contributions, notably requiring high-income taxpayers earning over $145,000 to make catch-up contributions on a Roth (after-tax) basis starting in 2027, which may influence retirement savings strategies and tax planning.
In an op-ed, Michael Harriot criticizes a New York Times article for focusing on how Kansas City Chiefs tight end Travis Kelce popularized the "fade" haircut in Black America, attributing it to his popularity and not acknowledging its origins. Harriot sarcastically lists eight innovations and creations that were conceived or popularized by white culture, highlighting the historical contributions of Black people and critiquing the tendency to credit white individuals for cultural phenomena that originated in Black communities.
The U.N. climate summit, COP28, has achieved an early victory by adopting a new fund to assist poor nations in dealing with costly climate disasters. Several countries, including the United Arab Emirates, Britain, the United States, Japan, and the European Union, have already announced contributions to the fund. This breakthrough could pave the way for further compromises during the two-week summit. However, concerns remain about the long-term sustainability of the fund and unresolved issues regarding its financing. COP28 President Sultan Ahmed al-Jaber called for collaboration between countries and fossil fuel companies to meet global climate goals, including the phase-out of CO2-emitting coal, oil, and gas.
This article highlights ten overshadowed geniuses in the field of science whose significant contributions have often been overlooked. From Rosalind Franklin's crucial role in discovering the structure of DNA to Mary Anning's groundbreaking work in paleontology, these trailblazers have shaped our understanding of the world in profound ways. Despite their immense contributions, they have often been overshadowed by more well-known figures. This article aims to bring their stories out of the shadows and into the limelight they deserve.
As the Arizona Diamondbacks celebrate their NL Wild Card appearance, it's important to acknowledge the contributions of players who are no longer with the team. While stars like Zac Gallen and Christian Walker carried the team, role-players like Miguel Castro and Kevin Ginkel also played their part. Young players like Brandon Pfaadt and Ryne Nelson stepped up in crucial moments. Notable players who contributed but are no longer with the team include Nick Ahmed, Dominic Canzone, Josh Rojas, Andrew Chafin, Zach Davies, Tommy Henry, and Drey Jameson. Their contributions helped the Diamondbacks secure a playoff spot.
The Carnegie Corporation of New York has announced its 2023 Great Immigrants list, which includes World Bank President Ajay Banga, actor Pedro Pascal, singer-songwriter Alanis Morissette, and others. The annual list celebrates the contributions of naturalized American citizens from around the world and highlights their impact on strengthening democracy. The honorees come from 33 countries and are leaders in various fields such as business, philanthropy, education, and the arts. The list aims to challenge negative narratives about immigration and emphasize the positive contributions immigrants make to the United States.
Rep. George Santos's campaign finance report filed with the Federal Election Commission shows that his campaign spent more money on refunds to individual donors than it received in individual contributions between January 1 and March 31. The report also reveals that the committee owes $715,000 in loans made by Santos from personal funds, with just over $25,000 in cash on hand. Santos is currently under investigation by several state, federal, and congressional groups, including the House Ethics Committee, for controversies surrounding his campaign finances and falsifying details on his resume.
Winnie Sun, co-founder and managing director of Sun Group Wealth Partners, recommends Roth IRA for young adults who want to invest but can't envision retirement. Contributions to Roth IRA are made after-tax, allowing investors to access the money they contributed without penalty, no matter their age. Roth IRA also serves as an emergency fund. Contributions up to $6,500 can be made this year, and there are income caps for making the full contribution. Roth IRAs do not come with required minimum distributions and allow tax-free withdrawals.