All it will take for Delaware to become the next state to offer a retirement plan that would provide coverage for employees whose employers do not offer one is the stroke of one pen. The bill, approved by both chambers of the state legislature, now awaits the assent...
State Treasurer Colleen Davis said starting to save for college early is key as education prices have risen dramatically over the years. “Those investments tend to be very, very rewarding, particularly in those younger years. So the growth happens a lot more rapidly...
State income tax deductions that can save Delawareans thousands are a reality for contributions made since Dec. 31. In a release, state Treasurer Colleen Davis said, “Creating pathways to economic empowerment remains one of my top priorities for our office....
The Delaware EARNS act is on its way to the governor’s desk. The legislation passed 20 to 0 in the Senate and 35 to five in the House. EARNS, short for Expanding Access for Retirement and Necessary Savings, would become effective in 2205. Three-year cost of the...
AARP Delaware and State Treasurer Colleen Davis are backing legislation to create a low-cost retirement savings plan for Delawareans. If passed, the plan known as Delaware Expanding Access for Retirement and Necessary Savings or DE EARNS would provide workers and...
Youth in the first state, have a new opportunity to help students pursue higher education. Through the Aspire 529 program fostered youth will receive an award to help with financial obstacles when going to school. The state of Delaware found that less than 3 percent...