News
Implementation of Delaware EARNS Program to begin
The Office of the State Treasurer will begin implementation of the state’s new, low-cost retirement savings plan after legislation was signed into effect by Gov. John Carney on Thursday. Delaware State News
Governor signs law creating new retirement program for small business employees
Thousands of Delaware workers are a step closer to secure retirement savings. Gov. Carney on Thursday signed legislation establishing the Delaware Expanding Access for Retirement and Necessary Saving program - or EARNS. The measure requires businesses with more than...
Delaware EARNS Act Awaits Governor’s Nod
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...
Delaware offers $100 for new state college savings plans
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...
Delaware tax deductions increase through one bill, two programs
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. There’s no...
Delaware EARNS savings plan on way to governor
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...
Legislation creating retirement savings plan for DE residents gets AARP backing
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...
A new program is set to help fostered youth pursue higher education
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...
Delaware Rebate Checks Being Mailed
You should check your mailbox if you live in Delaware: you may get some of your tax money back in your pocket. $300 checks are being mailed to some Delawareans, to give a little financial boost during these expensive times, and NBC10 Delaware reporter Tim Furlong...
Del. EARNS Act could level the playing field for First State retirees
Delaware lawmakers are hoping to level the playing field for First State retirees. That could become possible if the Delaware EARNS Act passes. “Delaware EARNS is a transformative pice of legislation. It stands for expanding access to retirement and needful savings,”...