What the Colorado Legislature Passed During the Special Session and How It Will Affect Your Wallet | The Colorado Sun
After voters rejected Proposition HH, state lawmakers convened for a special session focused on property tax relief. In all, lawmakers passed seven bills aimed at providing financial relief and assistance, including property tax relief and increased TABOR refunds for lower earners.
Federal Lawmakers Seek 401(k) Plans for Teen Savers in New Bill | Bloomberg Law
Lawmakers introduced a bill that would change federal law to make it easier for 18-to-20-year-olds to save for retirement in employer-sponsored plans. The bill, known as the Helping Young Americans Save for Retirement Act, would lower the minimum participation age in plans like 401(k)s from 21 to 18.
Why It’s So Tough to Reduce Unnecessary Medical Care | CBS News
A recent report shows that despite efforts to reduce unnecessary health care spending in Colorado, spending on so-called “low-value” care — such as unneeded testing — has barely changed. Despite financial incentives and patient demands to provide more care than is necessary, one Colorado hospital has found some innovative ways to cut waste.
The IRS Makes Tax Filing Simpler for Next Year With Long-Awaited Improvements | Yahoo! Finance
Thanks to a boost in funding, the IRS is rolling out a number of changes that should make tax filing season a little easier. Updates include better customer service staffing, expanded electronic communication options and a more user-friendly tax refund tracker, with more changes on the way.
News You Should Know is a digest of news from publications around the nation about finance, investing, and retirement.
SPECIAL SESSION A WASTE OF TIME & MONEY – WHAT THEY NEEDED TO DO WAS KEEP TABOR REFUNDS & PAY PERA RETIREES A LONG OVERDUE COLA!
Right on target. This legislative fiasco was totally unnecessary if the legislature and the Governor had made it a priority back at the beginning of the legislative session. Again, public input was practically non existent. Despite calls and letters to the Governor and legislative leadership, I did not receive any responses from any of them. Abysmal performance at best. PS. The Texas legislature just gave its retired state employees a raise.
They made sure they received their raise!