Pasadena Congresswoman Encouraging Locals to Save Money

first_img STAFF REPORT First Heatwave Expected Next Week Get our daily Pasadena newspaper in your email box. Free.Get all the latest Pasadena news, more than 10 fresh stories daily, 7 days a week at 7 a.m. Herbeauty6 Lies You Should Stop Telling Yourself Right NowHerbeautyHerbeautyHerbeautyYou Can’t Go Past Our Healthy Quick RecipesHerbeautyHerbeautyHerbeautyCreative Ways To Burn Calories That Require Little EffortHerbeautyHerbeautyHerbeautyHe Is Totally In Love With You If He Does These 7 ThingsHerbeautyHerbeautyHerbeauty6 Fashion Trends You Should Never Try And 6 You’ll LoveHerbeautyHerbeautyHerbeautyRobert Irwin Recreates His Father’s Iconic PhotosHerbeautyHerbeauty CITY NEWS SERVICE/STAFF REPORT Pasadena Will Allow Vaccinated People to Go Without Masks in Most Settings Starting on Tuesday Subscribe faithfernandez More » ShareTweetShare on Google+Pin on PinterestSend with WhatsApp,Donald CommunityPCC- COMMUNITYVirtual Schools PasadenaHomes Solve Community/Gov/Pub SafetyPasadena Public WorksPASADENA EVENTS & ACTIVITIES CALENDARClick here for Movie Showtimes Business News Your email address will not be published. Required fields are marked * STAFF REPORT Pasadena’s ‘626 Day’ Aims to Celebrate City, Boost Local Economy Top of the News Reps. Judy Chu (D-Pasadena), Jimmy Panetta (CA-20), and Terri Sewell (AL-07) introduced the Encourage Americans to Save Act (EASA).The bill would update the saver’s tax credit into a saver’s match – a federal matching contribution to middle and low income working Americans who contribute to a retirement savings account, whether they save at work through an employer-sponsored plan or on their own through an IRA.The bill would offer matching contributions for the first time to millions of individuals not covered by an employer-sponsored retirement plan, including those who save through an IRA under a state or local government program, such as CalSavers.“We are in a moment of intense economic uncertainty where millions of Americans are worrying about their future and their ability to retire,” said Rep. Chu. “This bill will help provide more security to more families by putting more money directly into retirement accounts. The existing saver’s tax credit leaves out far too many middle and low income families who do not pay enough in taxes to qualify. But these are precisely who out tax system should be assisting.A 2019 report by the Federal Reserve found that nearly a quarter of all American adults have no retirement savings or pension at all. The saver’s match would both encourage saving and help middle and low income earners save for the future by providing an immediate, meaningful return on their personal contributions.The saver’s match will also allow more households to participate by updating the income limits to reflect our economic reality, and indexes the income levels to inflation so this credit will be valuable to Americans well into the future.“This new matching model not only encourages more retirement investments across the board, it puts this money directly into the taxpayer’s account, helping to build savings immediately,” Chu said. “Being able to retire with the security that you will not starve or lose your home should not be an option just for the wealthy. All Americans deserve a chance at retirement. This bill puts that reality in reach for more Americans than ever.”center_img More Cool Stuff Make a comment Community News Pasadena Congresswoman Encouraging Locals to Save Money STAFF REPORTS Published on Thursday, July 2, 2020 | 1:18 pm EVENTS & ENTERTAINMENT | FOOD & DRINK | THE ARTS | REAL ESTATE | HOME & GARDEN | WELLNESS | SOCIAL SCENE | GETAWAYS | PARENTS & KIDS 19 recommended0 commentsShareShareTweetSharePin it Community News Name (required)  Mail (required) (not be published)  Website  Community News Home of the Week: Unique Pasadena Home Located on Madeline Drive, Pasadenalast_img read more

Residential transactions rise again

first_imgHome » News » Housing Market » Residential transactions rise again previous nextHousing MarketResidential transactions rise againUK property sales boosted by an array of attractive mortgage deals.The Negotiator4th December 20150564 Views Residential property sales in the UK have exceeded 100,000 per month for a fifth month in succession with purchasers taking advantage of low mortgage borrowing rates.The latest official transaction data from HMRC reveals that the provisional seasonally adjusted UK property transaction count for October 2015 was 105,490 residential and 10,160 non-residential transactions. However, sales still remain significantly below the monthly tally of almost 150,000 recorded at the height of the property boom in 2006.This means residential purchases in October fell month-on-month by 0.2 per cent but on a 12 month basis rose by 6.3 per cent comparedwith the 99,290 recorded in October 2014.“In October 2014, the residential market cooled slightly following a busy summer – but this year the market shows little sign of slowing down,” said Brian Murphy (left), Head of Lending at Mortgage Advice Bureau.“Demand from potential buyers remains high, with many taking advantage of the excellently priced mortgage rates available on the market,” he added.Despite a slight correction in property transactions on a monthly basis, the UK housing market remains “head and shoulders above a year ago”, as buyers take advantage of a wave of “low interest rates and attractive mortgage products”, according to Peter Rollings (right), CEO of Marsh & Parsons.Andrew Bridges, Managing Director of Stirling Ackroyd, said that the number of people in acquiring new homes is the “most permanent symptom of success” in the housing market.He commented, “And on that measure the news is good – the residential market is moving again, with transactions growing at least as quickly as annual price rises across the UK.”In London, the property market continues to be supported by strong buyer enthusiasm, including from first-time buyers despite high house prices.Bridges continued, “The danger of stamp duty changes frightening away buyers at the very top of the market has also not been as serious as was imagined – particularly away from London’s more traditional high-end enclaves, the top of the market is accelerating too.”But Stirling Ackroyd’s Managing Director warned that there are simply nowhere near enough new homes being built to “stave off future floods of demand”.“If numbers matter to the property industry, they matter even more to families and workers looking for places to live. To keep up with the pace of population, numbers need to start mattering to planning offices, to government departments – and to ministers,” he added.housing market residential transactions rise residential property sales December 4, 2015The NegotiatorWhat’s your opinion? Cancel replyYou must be logged in to post a comment.Please note: This is a site for professional discussion. Comments will carry your full name and company.This site uses Akismet to reduce spam. Learn how your comment data is processed.Related articles 40% of tenants planning a move now that Covid has eased says Nationwide3rd May 2021 Letting agent fined £11,500 over unlicenced rent-to-rent HMO3rd May 2021 BREAKING: Evictions paperwork must now include ‘breathing space’ scheme details30th April 2021last_img read more

Earphunk To Perform As ‘Daft Phunk’ For Series Of Daft Punk Tribute Shows

first_imgProgressively funky group Earphunk is getting in to some funktronica next month, as the group will hit the road performing as Daft Phunk. The run will only last for four shows, including two in Louisiana and two in Texas. Expect some great jams through Daft Punk’s rich catalog from the New Orleans group.Check out a highlight from Earphunk’s last “Daft Phunk” tribute celebration from 2012:You can see the full tour schedule below and head to the band’s website for more information.Earphunk’s ‘Daft Phunk’ Tour Dates4.20 – Varsity Theatre – Baton Rouge, LA4.30 – Tipitina’s – New Orleans, LA (2am) 5.04 – Trees Dallas – Dallas, TX5.06 – Historic Scoot Inn – Austin, TXlast_img