first_imgBilly Lee names strong Limerick side to take on Wicklow in crucial Division 3 clash RELATED ARTICLESMORE FROM AUTHOR Donal Ryan names Limerick Ladies Football team for League opener TAGSKeeping Limerick PostedlimerickLimerick Post Previous articleFirefighters rescue man from burning house after neighbours pushed back by flamesNext articlePharmacists ‘concerned’ over customers attending chemists with symptoms of COVID-19 David Raleigh Limerick Ladies National Football League opener to be streamed live Email Designed by FreepikTHE Department of Public Health has this evening urged the population in Limerick, Clare and North Tipperary to “strictly adhere to the new restrictions in order to save lives” after more than 2,500 COVID-19 cases were reported in the region over the past 14 days.The Director of the mid west’s public health authority, Dr Mai Mannix, described the present situation in the region as “critical”.Sign up for the weekly Limerick Post newsletter Sign Up The mid west region has has experienced a “record level surge” in COVID-19 cases with a 14-day incidence rate of more than 540 per 100,000 population, with the vast majority of cases were recorded in Limerick.“This can be largely attributed to an intensified period of large social gatherings in the lead up to Christmas, followed by widespread household gatherings during the festive period.”“I am appealing to everyone to restrict movements, stay at home, and significantly limit all social contacts as much as possible. We are now in the mitigation phase, and our focus is to not only prevent and control further cases and outbreaks, but also to prevent further COVID-related deaths in the community,” said Dr Mannix.“We urgently need to reduce numbers of cases in the coming weeks, and in Level 5 restrictions, the best thing we can do is to stay home and hold firm, in order to protect ourselves and our vulnerable loved ones,” she said.“The most effective way to approach this phase of the pandemic is to consider each and every one of us potentially infectious.”Worryingly, Dr Mannix added: “We are at full capacity for COVID-19 tests“.“We need to prioritise tests for those with symptoms. If you are a close contact, you must restrict your movements for 14 days. If you develop symptoms, self-isolate and phone your GP for advice.”“We are also experiencing an influx of calls from the public who are looking for COVID-19 test results and wanting to change their appointments for swabbing.“People who receive an test appointment via text message, can click on a link provided in the message, “where you can cancel or reschedule your appointment,” a spokesman for Public Health Mid West said.“While we do recommend and refer people to testing when there are public health indications to do so, we do not have the responsibility for the logistics of the testing process,” they explained.“You should receive a text message with your result within three days of your test. If you do not receive a result, you can request a call back from the HSE website at www.hse.i/covidresults”.“We are extremely busy as we deal with a record number of cases, and we must endeavour to utilise our resources efficiently. We ask people to not contact our department in relation to changing appointments for swabbing and to follow the above process,” they said. Advertisement Twittercenter_img Limerick’s National Camogie League double header to be streamed live LimerickNewsHealth expert warns COVID-19 has reached “critical” stage after “surge” in mid west casesBy David Raleigh – January 5, 2021 308 WATCH: “Everyone is fighting so hard to get on” – Pat Ryan on competitive camogie squads Linkedin Print Facebook WhatsApp Roisin Upton excited by “hockey talent coming through” in Limericklast_img read more

first_img Data Provider Black Knight to Acquire Top of Mind 2 days ago 2021-03-12 Christina Hughes Babb  Print This Post in D&I, Daily Dose, Featured, Government, Market Studies, News Data Provider Black Knight to Acquire Top of Mind 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Demand Propels Home Prices Upward 2 days ago The Week Ahead: Nearing the Forbearance Exit 2 days ago “It is daunting to take on a representation gap so huge that it would take over a century to close without intervention,” he said.In 2018 Fannie created Future Housing Leaders (FHL) to use its position in the housing ecosystem by rallying its customers in a concerted effort to diversify the housing industry. The program involves partnering with university-backed initiatives to connect college students to paid summer internships and early career opportunities in the housing industry, with an emphasis on recruiting where historically underrepresented groups can be made aware of these opportunities.”While this undertaking is not an easy feat, it is exciting to tackle this challenge with steadfast partners who share Fannie Mae’s commitment to promoting diversity, equity, and inclusion,” Imo said. “If we succeed, our efforts will have a resounding impact on the housing industry, homebuyers and renters, and the careers of Future Housing Leaders participants.” Previous: The Week Ahead: Overcoming Barriers to Create Economic Equality Next: Most Valuable Company Profile: Mortgage Contracting Services, LLC About Author: Christina Hughes Babb Recommendations for Closing the Diversity Gap in Housing Home / D&I / Recommendations for Closing the Diversity Gap in Housing Share Savecenter_img March 12, 2021 1,246 Views Sign up for DS News Daily The Best Markets For Residential Property Investors 2 days ago A pandemic that in the past year has changed every American’s way of life also has illuminated and exacerbated shortcomings in the U.S. economy and housing.”We Can’t Wait 114 Years to Close the Diversity Gap in Housing”—it’s the central theme of an essay from Kenneth Imo, VP of Diversity and Inclusion at government-sponsored enterprise Fannie Mae.”Over the past year, social unrest and the pandemic have cast a glaring spotlight on the persistence of systemic racial and socioeconomic inequity, including the widening wage gap between White and People of Color households,” Imo wrote. “For most of America, sustainable homeownership has been a main driver of generational wealth accumulation. However, laws mandating segregation, and policies and practices such as redlining, which prevented Black homebuyers from accessing credit for home and business mortgages, created inequitable access to homeownership and the financial rewards accompanying it.”He points out that the housing sector is further behind when it comes to inclusion and diversity than the country as a whole.The Brookings Institute in 2019 showed Whites, Hispanic or Latino, Blacks, and Asian Americans currently represent 60.1%, 18.5%, 12.5%, and 5.9% of the U.S. population, respectively.When it comes to the population of Americans working within housing-finance and related areas, those numbers shift to 71.6% White, while Hispanic or Latino, Blacks, and Asian Americans represent 9.1%, 7.5%, and 9.4%, respectively.”It is imperative that the industry reflect the country it serves to more effectively address the inequities …,” he noted.And this ostensibly impacts the share of Americans who own homes. The rate of Black homeownership today is 29 percentage points lower than for White households, according to the U.S. Census Bureau.The median wealth of White households ($162,800) in 2016 was ten times higher than Black households ($16,300), and eight times higher than Hispanic households ($21,400), which is partially attributable to historically lower homeownership rates among these groups, as reported by the Joint Center for Housing Studies of Harvard University. A separate report from Redfin just showed that despite the “substantial home-equity uptick” in 2020, Black Americans who bought in 2019 still have a median of $89,000 in equity, much lower than $113,000 for white Americans.“Black homeowners benefited from 2020’s hot housing market, and the trend is continuing into this year as Americans remain intensely interested in relocating and buying homes and home values continue to rise,” Redfin’s Chief Economist Daryl Fairweather said. “But less than half of Black Americans own the home they live in, so most of the Black community didn’t benefit from the enormous wealth homeowners have gained in the past year. Especially compared with the three-quarters of White Americans who own their homes, the total benefit for Black families across the country is relatively small. With higher unemployment rates and less overall wealth, Black families were not as likely as White families to buy homes even when prices were comparatively low.”Redfin’s economist echoes the idea that COVID-19 illuminated and exacerbated the problems of inequitably and inequality.”Now that prices are so high and the pandemic has contributed to high unemployment, especially for Black workers, it’s even more difficult for people who don’t already own homes to break into the housing market,” Fairweather continued. “There is a major need and a big opportunity for policymakers to enact programs like down-payment assistance and zoning reform to help narrow the homeownership gap and enable more Black families to build wealth through home equity.”Racist housing policies like redlining and racial covenants, which have been illegal for decades, continue to contribute to homeownership and wealth gaps between Black and white Americans, she added.Imo and Fannie Mae are floating a solution to the dilemma, which feels overwhelming when one examines the numbers, saying, “We must act with intentionality.” Related Articles Servicers Navigate the Post-Pandemic World 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago The Best Markets For Residential Property Investors 2 days ago Christina Hughes Babb is a reporter for DS News and MReport. A graduate of Southern Methodist University, she has been a reporter, editor, and publisher in the Dallas area for more than 15 years. During her 10 years at Advocate Media and Dallas Magazine, she published thousands of articles covering local politics, real estate, development, crime, the arts, entertainment, and human interest, among other topics. She has won two national Mayborn School of Journalism Ten Spurs awards for nonfiction, and has penned pieces for Texas Monthly, Salon.com, Dallas Observer, Edible, and the Dallas Morning News, among others. Demand Propels Home Prices Upward 2 days ago Subscribelast_img read more

first_imgYESTERYEAR-FRANKLIN THEATERWhen movie houses began to open in the early twentieth-century, most of them were modest in size and sprinkled around various neighborhoods, unlike the mega-sized theaters movie-goers are accustomed to today. One of the earliest in Evansville was the West End Electric Palace, which opened at 2113 W. Franklin Street ca. 1908. Soon renamed the Franklin Theater (seen here in 1964), the theater operated for decades, until it was razed in the 1990s.FOOTNOTE: We want to thank Patricia Sides, Archivist of Willard Library for contributing this picture that shall increase people’s awareness and appreciation of Evansville’s rich history. If you have any historical pictures of Vanderburgh County or Evansville please contact please contact Patricia Sides, Archivist Willard Library at 812) 425-4309, ext. 114 or e-mail her at www.willard.lib.in.us.FacebookTwitterCopy LinkEmailSharelast_img read more

first_imgDefined contribution (DC) plans—such as 401(k) plans—are now the dominant form of retirement plans for U.S. workers, yet 60 percent of all households have no retirement savings in a DC plan, and that poses retirement security challenges for low-earning households that rely on Social Security as their only source of retirement income.These and other findings are highlighted in a U.S. Government Accountability Office (GAO) report prepared for Senator Patty Murray, Ranking Member of the Committee on Health, Education, Labor and Pensions. The report, titled “Retirement Security: Low Defined Contribution Savings May Pose Challenges”, focuses on recent trends in DC plan participation and savings, how much households could potentially save in DC plans over their working careers, and how key individual and employer decisions affect savings.GAO FindingsThe GAO analyzed household financial data from the Federal Reserve’s “2013 Survey of Consumer Finances”, the most recent data available, and found that most households (60 percent) have no DC plan savings, a 3 percent increase from 2007. When the GAO limited its analysis to working households—defined as households in which at least one person is working, but is not self-employed, and the head of household is between the ages of 25 and 64—it found that 34 percent of working households had neither a DC or defined benefit (DB) plan. For households age 55 and older, an estimated 29 percent had neither a DB plan nor a DC plan, and would need to rely on Social Security as their main or only source of retirement income.The good news is that 61 percent of working households have access to a DC plan, and when provided access to a plan, 86 percent of working households participated in the DC plan. The not-so-good news is that 39 percent of working households do not have access to a DC plan, either because their employer does not offer a plan or they are ineligible to participate.Low-earning and minority households have less access to DC plans compared to other income groups, which results in low DC plan participation and savings. The GAO found that about 35 percent of low-earning working households had access to a DC plan compared to 80 percent of high-earning working households. Among minority households, 35 percent of Hispanic households and 56 percent of Black households had access to a DC plan. But when given access to a plan, an estimated 64 percent of low-earning working households, 80 percent of Hispanic households, and 81 percent of Black households participated in the plan, compared to 95 percent of high-earning working households.As a result, low-earning and minority working households have much less retirement savings in a DC plan. Among working households, only 25 percent of low-earning households had savings in a DC plan, with an estimated median account savings of $10,400, compared to the 81 percent of high-earning households that had savings in a DC plan, with a median account savings of $201,500. Among Hispanic households, 31 percent had savings in a DC plan with an estimated median account savings of $18,900. And, for Black households, 47 percent had savings in a DC plan with an estimated median account savings of $16,400.The GAO report found that projected DC plan savings at retirement vary widely by earnings. Based on GAO projections, households on average would save enough in their DC plans over their working career to generate a monthly lifetime income of $2,970, but low-earning households would save enough to generate a monthly lifetime income of only $560. These low-earning households—especially the 35 percent who have no DC plan—are much more likely to rely on Social Security for the bulk of their retirement income.Ways to Raise DC Plan SavingsThe GAO report indicated that employers could help raise participation rates by sponsoring a DC plan if they do not currently sponsor a plan. And, employers that currently offer a plan could help raise participation rates by offering automatic enrollment—whereby individuals are automatically enrolled in the plan unless they opt out—and allowing for immediate eligibility and immediate vesting. Taking these steps would significantly increase the percentage of low-earning households with DC plan savings at retirement.Individuals could help increase their DC plan savings at retirement by participating in a plan if they are offered one at work, transferring or rolling over their DC plan assets to another tax-advantaged account upon leaving employment (rather than taking a distribution), and maximizing their employer match by contributing  the amount needed to receive their employer’s maximum matching contribution. The GAO report found that taking full advantage of the employer’s maximum matching contribution would increase DC plan savings at retirement by 31 percent for low-earning households.While taking these actions will help increase DC plan savings at retirement for low-earning households, many low-earning households will still have no DC savings at retirement, in part because low-earning households are the least able to save for retirement. That poses retirement security challenges for low-earning households as they are forced to rely on Social Security as their only source of retirement income.Implications for Credit UnionsThe GAO reports finding, that more than one-third of working households have neither a DC or DB plan, has significant implications for credit unions, as many of these households are credit union members. Following are actions credit unions can take to help their members ensure a more secure retirement.Offer a simplified employee pension (SEP) plan or a savings incentive match plan for employees of small employers (SIMPLE) IRA plan to small business members that do not currently offer a retirement plan for their employees.Educate members of the importance of transferring or rolling over their DC plan assets to another tax-advantaged account (such as a credit union IRA) when changing jobs, rather than cashing out the plan.Offer a no-fee IRA with a low-minimum balance requirement to help low-earning households that may not have access to a DC plan at work to save for retirement.Make a payroll deduction option available to help members save for retirement on a regular basis.The GAO report makes no specific recommendations—but its finding that most households have no DC plan access and that low-earning and minority households have much less retirement savings in a DC plan compared to higher-earning households—is certain to draw increasing scrutiny on the cost and effectiveness of retirement savings tax incentives as Congress prepares for comprehensive tax reform. 4SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr,Dennis Zuehlke Dennis is Compliance Manager for Ascensus. Mr. Zuehlke provides clients with technical support on tax-advantaged accounts (including individual retirement accounts, health savings accounts, simplified employee pension plans, and Coverdell education … Web: www.ascensus.com Detailslast_img read more

first_img Chris Paul injury update: Rockets guard expected back in lineup Sunday NBA wrap: James Harden continues scoring tear; Rockets top Raptors in Houston James Harden’s incredible scoring streak may come to an end when Chris Paul returns, but the reigning NBA MVP is ready to welcome the Rockets point guard back with open arms.The injury-ravaged Rockets beat the Toronto Raptors 121-119 on Friday as Harden scored 35 points, continuing his incredible run of having scored at least 30 points in 22 successive games. Another 30+ game for The MVP! (22 in-a-row) pic.twitter.com/Q9eqPMpRkr— Houston Rockets (@HoustonRockets) January 26, 2019Asked what he will bring to the team, Harden told reporters: “Leadership and just play-making ability. [On] defense, being able to create defensive steals to our offense.”I’m just happy to see him back on the court. He spent so long working out and trying to get his body healthy and right as well.”The presence of Paul should ease the burden on Harden, who insists he is happy for his numbers to decrease if it benefits the team.center_img All but five of those totals have been achieved without Paul, the nine-time All-Star sidelined since before Christmas because of a hamstring injury.Paul, 33, is set to make his comeback Sunday against the Magic, and Harden knows Paul can be a major asset. Related News “It’s great, I’m here for whatever,” Harden said of his role when Paul returns.”Whatever I have to do. Guys go out, some guys got to step up, some guys got to step up more than usual.”When guys are healthy, roles are gonna dim down a little bit, but that’s fine. As long as we’re playing well as a team and we’re clicking, we’re good.”last_img read more