Act Archives - DR News - News, Retirement, Finance

Social Security Expansion Act 2024 Could Result in $2,400 Annual Benefit Increase for Recipients

WASHINGTON, D.C. – The Social Security Administration is proposing an increase in benefits payments known as the $2400 Cola Checks 2024 in response to inflation. If approved, this rise will result in an additional $2,400 in annual benefits for Social Security recipients. This increase would be especially significant for seniors whose annual cost-of-living increases have been eroded by inflation. The 2024 Social Security Expansion Act aims to improve payments for senior citizens who receive Veterans …

Key Court Battles of 2024: Impacting Health Care, Medication Abortion, and Affordable Care Act

CEDAR RAPIDS, Iowa – Health policy experts are closely monitoring several legal battles set to unfold in 2024. These battles will have significant implications for health care policy, particularly during an election year. The cases will cover a range of issues, including medical abortions, state abortion restrictions, the Affordable Care Act, gender-affirming care for teens, and Medicare’s ability to negotiate drug prices. The outcomes of these cases could potentially bring about major changes to the …

Heroic Final Act: Houston Man Dies Shielding Girlfriend During Armed Robbery, Killer Still at Large After Five Years

HOUSTON — Marlin Jordan, a 26-year-old Houston resident, was fatally shot on June 23, 2019, during a robbery gone tragically wrong outside his apartment on Hillmont Street in northwest Houston. Over five years have passed and his murder remains unsolved, a persisting heartache for his family and frustration for law enforcement. Detective Sgt. John Stroble, of the Houston Police Department, recently spoke out, releasing bits of crucial evidence in hopes of rekindling interest in the …

Fiscal Commission Act Threatens Social Security and Medicare, Says Retiree

DES MOINES, Iowa – Mary Cannon-James, president of AFSCME Iowa Retiree Chapter 61, delivered a compelling speech on Capitol Hill, warning of the potential dangers posed by the Fiscal Commission Act (H.R. 5779) to older Americans like herself. The bill, if passed into law, could have serious implications for Social Security and Medicare, programs that are vital for the well-being of retirees across the country. At the event hosted by Rep. John Larson (D-Conn.), Cannon-James …

No Surprises Act Backfires: Emergence of More Chaos in Healthcare System than Before

COLUMBUS, Ohio – The No Surprises Act was intended to protect patients from surprise out-of-network medical bills, but two years after its implementation, it has brought some unforeseen challenges. The law has been successful in shielding millions of patients from surprise bills, but it has also created more chaos in an already chaotic healthcare system. The issue revolves around the requirement for insurers and out-of-network providers to negotiate what they agree is a fair payment, …

Vigilante Justice: Woman Fatally Targets Alleged Sex Offender in Gruesome Act of Retribution, Claims Prosecutor

Burlington, VT — A Vermont woman, widely reported to have a deep-seated aversion to child predators, has been charged with the murder and dismemberment of a man she believed was a wanted sex offender. The gruesome incident has sparked intense discussion about vigilante justice and the boundaries of self-administered law enforcement. Chittenden County State’s Attorney’s office detailed in court documents that the accused, whose identity remains undisclosed for legal reasons, took decisive and fatal action …

Social Security Tax Reform Act Offers Potential Relief for Retirees in 2026

Washington, D.C. – A proposed bill to eliminate federal taxes on Social Security retirement benefits is making its way through Congress, offering potential relief for retirees as early as next year. The bill, known as the You Earned It, You Keep It Act, is being championed by Minnesota Rep. Angie Craig, who touts it as a “win-win” for seniors and American workers. The bill’s provisions aim to end the federal income tax on Social Security …

Health Insurance Enrollment Surges in California Under Affordable Care Act

SAN DIEGO, CALIFORNIA – A surge of Californians and Americans across the country has enrolled in health insurance plans under the Affordable Care Act, according to local and state officials. California alone has seen a record number of 1,784,653 residents selecting ACA health coverage through Covered California for 2024, including 306,382 new enrollees and 1,478,271 renewing their existing plans. The increase in enrollment has been attributed to enhanced federal subsidies through the Inflation Reduction Act …

Employers Hesitate to Offer 401(k) Matches for Student Loan Payments Despite New SECURE Act 2.0

New York, NY – Employers in the United States are hesitant to offer a new perk that would help workers pay down student loans while saving for retirement, despite a law that makes it easier for companies to do so, experts say. The SECURE Act 2.0 Act, which became law in December 2022, included a provision allowing employers to count student loan payments toward matching 401(k) or other retirement contributions for the first time this …

Secure 2.0 Act Allows Employers to Match Student Loan Payments with 401(k) Contributions

Chicago, IL – The new Secure 2.0 Act has brought about a significant change in employer benefits for their employees in terms of tackling student loan debt and saving for retirement. This act, which took effect this year, allows employers to match their workers’ student loan payments with a contribution to their 401(k), 403(b) or other retirement accounts. This marks a shift in the approach to employee benefits, aiming to alleviate the burden of student …