Most of us with 401(k) plans watched in horror as our retirement savings plummeted in the stock market crash of 2008. That year, the average 401(k) balance dropped by a third, forcing older Americans to delay retirement or cut back on spending. Since then, as the market rebounded, some of our savings have recovered in fits and starts.
On Monday morning, the U.S. Supreme Court issued a ruling which upholds a lower court ruling, and area returning citizens are pleased by the court's ruling.
Supreme Court Justices agreed with Maryland's “No Representation Without Population Act” in a summary disposition which means meaning the Justices based their ruling on existing briefs and did not engage in oral arguments. A lower court ruled that in the case of Fletcher v. Lamone, Maryland officials cannot count a prisoner's incarceration address, and must count their last known home of residence.
The U.S. Supreme Court affirmed Monday a lower court's ruling upholding Maryland's new congressional redistricting plan, which counts inmates as living at their last-known addresses instead of in their prison cells. But it may not be the last word on the matter.
Some Republican lawmakers opposed to the map, drawn once each decade based on U.S.
Washington, DC – The U.S. Supreme Court today upheld the constitutionality of Maryland’s groundbreaking “No Representation Without Population Act,” which counts incarcerated people as residents of their legal home addresses for redistricting purposes. The 2010 law was a major civil rights victory that ended the distortions in fair representation caused by using incarcerated persons to pad the population counts of districts containing prisons.
The movement has drawn some support from financial circles. Wallace C. Turbeville, a former Goldman Sachs banker who now is a senior fellow at Demos, a public policy research organization in New York,submitted testimony last month for the Senate Banking Committee in favor of more banking regulation.
In its May 2012 Plastic Safety Net survey, research and advocacy company Demos surveyed 997 low- and middle-income American households that carried credit card debt for three months or more — and looked at how the recession and the Credit CARD Act of 2009 have affected American households.
By 2007, the top 1 percent of earners took home 35 percent of all income earned in New York state, according to a study done by Demos, a policy research firm based in New York City.
That compares with just 10 percent of all income for this group in 1980.
Steep declines in skilled manufacturing jobs and a huge uptick in shorter-term, lower-paying jobs.
One of the main reason alternative indicators are important is that they take things that we value on a visceral level, like the environment, and put them into the universal language of capital.
NEW YORK – Almost two out of five American Indians and Alaska Natives eligible to vote are not registered, but according to a new report by national policy center Demos, designating Indian Health Service (IHS) facilities as official voter registration agencies under the National Voting Rights Act (NVRA) would go a long way toward addressing this civic crisis.
“Our democracy is stronger when all of our citizens participate, and this is all the more true in the case of American Indians and Alaska Natives.”
According to all available data, the voter participation rate of the first Americans, American Indians and Alaska Natives, is among the lowest of any ethnic group in the country. There are complex historical and cultural reasons that make the issue of voting among American Indians and Alaska Natives unique.
American workers are being ripped off by excessive retirement plan fees — which may force them to work longer or live less comfortably in their golden years, according to a recent study.
For the average US household, the high fees drain about $155,000 from their 401(k) accounts over their lifetimes, the study found.
In one example highlighted in the study, a two-wage-earner household with a median income for their age group contributed an average of 7 percent a year to their 401(k) plan over 40 years.
Malloy wrote in his veto message that he believed parts of the bill to be unconstitutional, potentially infringing on individuals' free speech protections under the First Amendment. Other parts of 5556, he argued, "represent poor public policy choices." He went on, "While I have advocated for transparency in the elections and campaign finance process for a long time, and could certainly support sensible reform in this area again, I cannot support the bill before me given its many legal and practical problems."
Citing clear evidence that low-income Arkansas residents have been denied the opportunity to register to vote, attorneys from voting rights groups Project Vote and Demos sent a pre-litigation notice letter to Secretary of State Mark Martin, the Arkansas Department of Human Services, and the Arkansas Department of Health, regarding the state’s non-compliance with the federal requirements of the National Voter Registration Act of 1993 (NVRA).
Ahead of Rio+20, advocates are coalescing around the idea that we need to change the way we measure what is important to achieve true sustainable development. Currently countries measure economic growth, which is often equated with progress, through GDP. However, growth in GDP is increasingly not resulting in progress.
NEW YORK— As members of the Class of 2012 join the work force or look to higher education, a new report illuminates the connection between poor STEM (Science, Technology, Engineering and Mathematics) teacher retention rates and young Americans’ chances of being relegated to low-wage, low-skill jobs that offer little economic security or opportunity.
Citing clear evidence that Alabama public assistance agencies are violating their federally-mandated responsibilities to offer tens of thousands of public assistance clients opportunities to register to vote, today attorneys from Demos, Project Vote, and the Lawyers' Committee for Civil Rights Under Law sent a pre-litigation notice letter to the Alabama Secretary of State on behalf of the Alabama State Conference of the NAACP.
It’s easy to get in over your head when it comes to credit-card debt, and retirees are no exception.
According to New York-based research group Demos, those 65 and older from low- and middle-income households carried average credit card debt of $9,283 in 2012, the highest debt load of any age group in the survey.
LAS VEGAS, Nev – On Monday, a coalition of national voting rights groups filed a Complaint against Secretary of State Ross Miller and Director of the department of Health & Human Services, Michael Willden in the U.S.
Hmmm … 401(k) plans can help you save money for retirement, but they many also cost you more than you realize. According to a new study from research firm Demos, the average American couple pay nearly $155,000 in 401(k) fees in the course of building up their proverbial nest egg; wealthier couples could pay nearly $278,000. These fees can reduce 401(k) savings by an average of 30 percent.