October 2020 - Page 2 of 217

Verady Extends Advisory Board with World Class Blockchain and Finance Leaders

October 14, 2020

ATLANTA, Oct. 14, 2020 /PRNewswire/ — Verady, the leading cryptocurrency tax and accounting software company, announced the addition of four Advisory Board members. These members will guide and support Verady as the Company extends its crypto asset tax and accounting platform, Ledgible, to the global blockchain industry and the accounting profession.

“We are fortunate to have brought in more valued perspectives so that Verady can benefit from their diverse areas of expertise and combined years of knowledge,” said Kell Canty, CEO of Verady. “I am excited to work with them and their insights on strategic opportunities and vision.”

The advisors are Jagruti Solanki, Blockchain Partner at Aprio, Frank Bishop, former CEO of INVESCO, Eric Piscini, Global VP Blockchain Solutions at IBM, and Michael Wasserfuhr, former CFO at Worldpay N.A. Current advisors include Chris Danusiar and Jon West.

This group of incredibly talented

If you’re lucky and have the money you need during Covid-19, ask yourself this key question

October 14, 2020

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More than 22 million American jobs were lost in the past six months; stock markets have been up and down; and people are generally anxious about what’s in their bank accounts right now.

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If you’re lucky enough to have the funds you need despite all the recent economic turbulence, ask yourself one key question, says Bradley T. Klontz, an associate professor of financial psychology at Creighton University: “Why is it OK for you to have money when other people don’t?”

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Answering this question is not about comparing your finances to anyone else’s, he told The New York Times. It’s about seeing money as a tool, rather than as a measuring stick.

More from Grow:4 money moves to make in your 30s to be richer in your 40s

5 suburbs where you get the biggest apartments

177 self-made millionaires share their wealth-building habits

Having

Twitter to pay $100,000 over Washington state campaign finance violations

October 14, 2020

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AG Ferguson says the company agreed to pay $100,000 for failing to maintain records related to ads that ran from 2012 through 2019.

OLYMPIA, Wash. — Editor’s note: The above video aired at an earlier date.

Twitter is the latest social media giant to pay for violations of Washington state’s campaign finance disclosure rules.

Attorney General Bob Ferguson says the company agreed to pay $100,000 for failing to maintain records related to ads that ran from 2012 through 2019, when Twitter banned political advertising.

Companies are required to maintain records about who paid for ads, when they ran, how much they cost, and the name of the candidate or measure supported or opposed.

Facebook and Google have also agreed to settlements of $200,000 each, though Ferguson filed a second lawsuit against Facebook in April.

The law requires commercial advertisers to maintain the following information regarding ads they sell so that

Vast Majority of Americans Say Protecting Their Loved Ones Financially is Important Right Now, But Less Than Half Have Life Insurance

October 14, 2020

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Global Atlantic Study Highlights Shifting Financial Priorities and the Need for Planning Amid Pandemic

New research from Global Atlantic Financial Group found that more than eight out of ten Americans (83%) say making sure their loved ones are financially protected is important to them right now, yet two in five (43%) have no life insurance and only one third (33%) believe they have enough life insurance or other assets to protect their family in the event of their own death.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20201014005264/en/

(Photo: Business Wire)

The “Perceptions of Life Insurance During a Pandemic” study was conducted in August by Artemis Strategy Group on behalf of Global Atlantic, among 1,065 American adults to examine their views on life insurance, estate planning and shifting financial priorities.

Aside from contracting Covid-19 personally or having a family member or close friend contract the virus, the

Americans are ‘panic buying’ life insurance due to coronavirus pandemic

October 14, 2020

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Many firms have noted double-digit increases in the number of life insurance policies they’ve sold during the Covid-19 pandemic relative to last year.
The increase is largely due to a fear of death and greater awareness of financial risks associated with mortality, experts said.
Insurance sales have been dwindling for years. In 2020, just over half of American adults reported having a life insurance policy, down from 63% a decade earlier.

Life insurance is enjoying something of a renaissance as a result of the coronavirus pandemic.

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Consumers, especially younger adults, have been buying insurance in elevated numbers since the spring, when thousands of Americans began getting ill and dying from Covid-19.

That result is logical, experts said, given the core use of life insurance: as a financial backstop in the event of death.

More from Smart Tax Planning:

12 million people asked the IRS

5 Best Stories on Real Money: Beating Covid, Market Bubble

October 14, 2020

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Quiz: What’s one advantage the president has that the market does not?

Answer: He can get a doctor’s note telling you everything is wonderful.

But investors? They’re left on their own, left trying to forecast when a stimulus bill will land, left watching every vaccine trial to spot a winner, left waiting up at night for earnings reports, and left tracking technical indicators for clues about what’s churning underneath the surface.

Fortunately, investors do, however, have experts who can guide them. Helping us get through this messy, mucky October are Real Money and Real Money Pro writers Jim Cramer, Paul Price, Maleeha Bengali, Alex Frew McMillan, and Jim Collins.

Jim Cramer: Let’s Beat Covid-19

Cramer lays out what is happening right now to get the pandemic under control and what it will look like not that long from now — even before a vaccine is available.

Here’s the tests and

Life insurance sales increase due to coronavirus pandemic

October 14, 2020

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Life insurance is enjoying something of a renaissance as a result of the coronavirus pandemic.

Consumers, especially younger adults, have been buying insurance in elevated numbers since the spring, when thousands of Americans began getting ill and dying from Covid-19.

That result is logical, experts said, given the core use of life insurance: as a financial backstop in the event of death.

More from Smart Tax Planning:
12 million people asked the IRS for more time to file
Got a subsidy to buy health insurance? It could bite you at tax time
Closing a business? Avoid these tax surprises

For example, what if the breadwinner of a family dies unexpectedly from Covid-19? Insurance is meant to plug that immediate gap in household income.

“It’s forced the idea of financial protection and mortality to the top of mind for consumers in a way very few

seven things you need to know

October 14, 2020

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Surprised Black girl holding teddy bear toy on Christmas — ‘Create a gift giving culture that allows you to spend less on each other, yet still appreciate the thought and effort put into getting the gifts,’ say moeny saving experts. Photo: Getty

Christmas can be an expensive time of the year, with the cost of food, drink, and presents mounting up — especially for those who may have lost their jobs or are financially struggling due to the coronavirus pandemic.

The money saving experts at online price tracking website Alertr.co.uk have compiled a list of tips to help you save money and get ready for Christmas without a lasting impact on your savings.

Start prepping early in the year

Starting to get prepared earlier on in the year allows you to slowly get all the things you need for Christmas without feeling such a big effect on your monthly income.

Putting a small amount of money towards Christmas plans each

Economical Insurance Selects Docebo to Transform the Learning Experience for Employees and Brokers

October 14, 2020

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Economical Insurance has selected Docebo (TSX: DCBO), a leading artificial intelligence (AI)-powered learning platform, to enhance and personalize learning experiences for employees and broker partners. Docebo was chosen to help Economical modernize traditional insurance company training through cutting-edge learning experience technology.

Economical Insurance is a rapidly evolving Canadian insurer. After nearly 150 years in business, they are now on the path to becoming a public company. Docebo offers Economical a modern, learner-centric platform to support their rapid growth and learning culture. Economical Insurance has been transforming its business model to keep pace with evolving customer expectations.

“This is such a dynamic time for Economical on so many fronts, and our ability to attract and develop some of the best talent in our industry is a top priority,” said Brigid Pelino, SVP and Chief Human Resources Officer, Economical Insurance. “With Docebo, we continue our focus on operational efficiency knowing that our

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Month: October 2020

Verady Extends Advisory Board with World Class Blockchain and Finance Leaders

If you’re lucky and have the money you need during Covid-19, ask yourself this key question

Twitter to pay $100,000 over Washington state campaign finance violations

Vast Majority of Americans Say Protecting Their Loved Ones Financially is Important Right Now, But Less Than Half Have Life Insurance

Americans are ‘panic buying’ life insurance due to coronavirus pandemic

5 Best Stories on Real Money: Beating Covid, Market Bubble

Jim Cramer: Let’s Beat Covid-19

Life insurance sales increase due to coronavirus pandemic

seven things you need to know

Economical Insurance Selects Docebo to Transform the Learning Experience for Employees and Brokers