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Daily Archives: May 15, 2016
WaPo – Scientists say chemicals from fracking wastewater can taint fresh water nearby
This mystery was solved: Scientists say chemicals from fracking wastewater can taint fresh water nearby – “…But a study by the U.S. Geological Survey appears to have answered a critical question about the millions of gallons of chemical-laced water that are injected into the wells to fracture rocks and release trapped gas. Is there any… Continue Reading
Divide continues to separate rich from poor for broadband access
Center for Public Integrity – “Nationwide, families in neighborhoods with median household incomes below $34,800 — the lowest fifth of neighborhoods nationally — are five times more likely not to have access to broadband than households in areas with a median income above $80,700 — the top fifth, according to a Center for Public Integrity… Continue Reading
Social Media Finds New Roles as News and Entertainment Curators
New York Times – Social Media Finds New Roles as News and Entertainment Curators – “As more tech firms employ their own editing staffs, they are being viewed as something less than news organizations, but more than simple reflections of their growing audiences.” Continue Reading
401(k) Plan Asset Allocation, Account Balances, and Loan Activity in 2014
401(k) Plan Asset Allocation, Account Balances, and Loan Activity in 2014. April 2016. EBRI Issue Brief #423. Executive Summary – “Since 1996 the Employee Benefit Research Institute (EBRI) and the Investment Company Institute (ICI) have worked together on collecting and analyzing annual data on millions of 401(k) plan participants’ accounts. This report reflects the year-end… Continue Reading
Americans over 65 continue to work past retirement date
Bloomberg – “Almost 20 percent of Americans 65 and older are now working, according to the latest data from the U.S. Bureau of Labor Statistics. That’s the most older people with a job since the early 1960s, before the U.S. enacted Medicare. Because of the huge baby boom generation that is just now hitting retirement… Continue Reading
GAO Report – Retirement Security: Low Defined Contribution Savings May Pose Challenges
Low Defined Contribution Savings May Pose Challenges, GAO-16-408: Published: May 5, 2016. Publicly Released: May 5, 2016. “An estimated 40 percent of all U.S. households had some retirement savings in a defined contribution (DC) plan, such as a 401(k) plan, in 2013, and account balances varied by household income and race in recent years, according… Continue Reading
