Be taught to handle cash throughout and after a catastrophe is focus of credit score union workshop |

Pelican State Credit Union is hosting a free virtual workshop on Thursday September 30th that will teach attendees how to manage their money during and after a disaster.

From 7 p.m. the workshop will be streamed on both Zoom and live www.facebook.com/PelicanStateCreditUnion. Participants will have the opportunity to ask questions during the registration process and during the event using Zoom’s Q&A function or the comments section of the Facebook live post.

Topics include disaster-related tips like preparing homes and finances for a natural disaster, rebuilding a home and buying a car after a disaster, and finding additional resources on the way to recovery.

In addition to tips on managing money during and after a disaster, attendees will have their questions answered live by Pelican’s financial outreach team. The workshop will be set up in a “Q&A” format in which participants will have the opportunity to ask questions.

Pelican membership is not required to attend the workshop or ask questions. Register for the event at pelicanstatecu.zoom.us/webinar/register/WN_8eZXDB-fSIWAisfQW08BDw.

Savvy Senior: Little Recognized Social Safety Program Helps Seniors Handle Their Cash

Dear accomplished senior,
Does social security offer specific help to beneficiaries who have difficulty managing their benefits? My aunt, who has no children, has dementia and struggles with her bills and other financial obligations.
Inquiring niece

Dear inquiries,

Yes, Social Security actually has a little-known program known as the Representative Payee Program that helps beneficiaries who need help with managing their Social Security benefits. Here’s what you should know.

Representative payee program

The Social Security Funds Payee Program, approved by Congress back in 1939, provides money management assistance to beneficiaries unable to manage their Social Security income. Beneficiaries who need this help are often seniors with dementia or underage children who receive survivor benefits from social security.

Currently, more than five million social security beneficiaries have representative payees.

Representative payees also provide benefits for nearly three million recipients of Supplemental Security Income (SSI), a social security-administered benefit program for low-income people who are over 65 years of age, blind, or disabled.

Who are the payees?

A representative payee is usually a relative or close friend of the beneficiary who needs help, but Social Security can also designate an organization or institution for the role, such as a nursing home or social services agency.

The duties of a representative payee include:

  • Using the beneficiary’s Social Security or SSI payments to meet their basic needs such as food, shelter, household bills, and medical care. The money can also be used for personal needs such as clothing and recreation.
  • Retention of remaining funds from benefit payments on an interest-bearing bank account or savings bonds for future needs of the beneficiary.
  • Records of benefit payments received and how the money was spent or saved.
  • Report to Social Security any changes or events that could affect the beneficiary’s payments (e.g. move, marriage, divorce, or death).
  • Report circumstances that affect the payee’s ability to assume the role.

As a representative payee, you cannot combine the beneficiary’s social security contributions with your own money or use them for your own needs. The bank account into which the benefits are paid should be wholly owned by the beneficiary, with the payee listed as the financial agent.

Some payees, usually those who do not live with the beneficiary, are required to submit annual reports to Social Security on the use of the benefits. For more information about the responsibilities and limitations associated with the role, see the social security publication “A Guide for Representative Payees” at SSA.gov/pubs/EN-05-10076.pdf.

How to get help

If you think your aunt may need a representative payee, call Social Security at (800) 772-1213 and make an appointment to discuss the matter at her local office. Applying as a payee usually requires a personal interview.

Social security may consider other evidence, including medical assessments and statements from relatives, friends, and others who have an informed view of the beneficiary’s situation, in deciding whether a beneficiary needs a payee and selecting who to play the role can submit.

You should also know that if you become your aunt’s deputy payee, you will not be able to charge a fee for it. However, some organizations that serve in this role receive fees paid from the beneficiary’s Social Security or SSI payments.

More information about the program can be found at SSA.gov/payee.

Send your senior questions to: Experienced senior, PO Box 5443, Norman, OK 73070, or visit SavvySenior.org. Jim Miller is a contributor on the NBC Today Show and author of The Savvy Senior.

Household and buddies increase cash for canine to assist liked one handle their diabetes

Diabetic Warning Dogs can see the level of insulin in a person’s bloodstream and warn them when it is too low or too high.

LENOIR CITY, Tenn. – Everyone needs someone to lean on. Sometimes people need a dog to lean on.

Lindsay Graham, a mother and former school teacher from Lenoir City, is surrounded by a wonderful support system of friends and family. She relies on them to help manage her diabetes after she was diagnosed with type 1 diabetes 16 years ago.

She said she still has trouble keeping her blood sugar levels in balance.

“I don’t think people without diabetes understand that you can consume what you want,” said Graham. “But then you have to take that amount of insulin to cover what you just ate. I’m learning.”

Graham’s mother, Cherie House, said the diagnosis was the family’s first case. She said that made it even more scary for close friends and family.

When Graham’s blood sugar drops at night, she has a hard time getting out of bed in the morning to normalize her insulin levels.

“Lindsay is one of my best friends,” said Anna Russell. “I call her every morning, text her, get her texted and make sure she is okay.”

Graham’s mother shared her friend’s concerns.

“I couldn’t sleep at night without worrying that someone would call in the morning and say she was gone,” House said.

To help everyone and keep Graham safe, her family came up with a solution to reduce their risk – a diabetic warning dog.

These dogs are specially trained to smell the levels of insulin in their blood.

“A dog has 10,000 times more sense of smell than a human, so it’s pretty amazing what he can do,” said House.

However, a diabetic warning dog can cost anywhere from $ 20,000 to $ 40,000. Although it would help regulate her blood sugar, Graham said she couldn’t afford one on her own.

“If you have a daughter who might die … it takes a village to raise a child. It doesn’t matter how old you are, it still takes a village, ”House said.

Graham’s family and friends held a community event to raise money for a service dog. Graham is currently in a bonding phase with a brown poodle named “Bentley”.

He was at the event, by her side.

“That dog changed our lives completely,” said House.

If you’d like to help Graham raise money for her service dog, you can do so on New Hope Dogs website. You can select the recipient as Lindsay Graham.

Kris Jenner: Kourtney Kardashian is the toughest to handle | Leisure

Kris Jenner says Kourtney Kardashian is the hardest person to deal with.

The “Keeping Up With The Kardashians” star is affectionately known as a “momager” to all of her kids, but she has finally admitted who is hardest to work with.

When asked who was the hardest to handle and who gave her a “lip” all the time, Kris confessed that it was her eldest daughter, Kourtney, who admitted that she hated to say yes to most things.

Kourtney said, “I don’t want to do things that I don’t really like. My answer is no to most things and if it will be yes I want to know every detail of what I’m going to be asked.”

And Kris doesn’t think she deserves the criticism she gets from some of her leadership role.

She shared, “I think a manager is definitely someone who organizes all the mess and tries to come up with great ideas and work and collaborate with the kids.”

And daughter Kim defended her on the family reunion show, adding, “It annoys me when they say when something really tragic or really sad has happened and they say, ‘You know Kris Jenner is behind this.’ That stuff is just who would do this? We are such a close family. It’s all love. “

Kris had previously been accused of building a rush between Khloe Kardashian and her ex Lamar Odom in 2015, which she vigorously denied.

She said, “It was a big deal back then because Lamar showed up in one of Khloe’s classes and it caused a lot of excitement. Khloé blames me because she thought I told him where she would be.”

But Khloé isn’t so convinced that Kris didn’t start it.

She added at the time, “The only reason I feel like my mom has revealed my whereabouts is to let Lamar know where I’m going at 5:30 in the morning. I don’t think my mom’s the severity who recognizes emotion. ” Lamar was in need during this time. I think she just pulled back and got nervous when she admitted that she might be putting me in danger. “

Here is How I Taught My 9-12 months-Previous to Handle His Cash

The sooner you start teaching your kids money, the more likely they are to develop good habits that will carry them into adulthood.

About two years ago my son and I were reading a book together and one of the characters was referring to his weekly allowance.

“An allowance?” my son asked. “What’s this?”

I explained that some parents give their children a preset amount each week for pocket money – often in exchange for chores or helping out around the house. My son was immediately fascinated. He asked if I would be interested in getting more help with cleaning and washing. And so began a mutually beneficial agreement.

My husband and I started our son with a $ 1 weekly allowance. He has since received a raise to $ 2 a week (you know, inflation), but he’s also got ample opportunity to make extra cash. For example, if he’s helping his younger sisters clean their rooms so we don’t have to supervise them, or keeping them quiet after school while my husband and I try to work, he can make a few more dollars here and there to help to strengthen his room pile of money.

That said, my husband and I don’t give our son a few singles every week and let him spend or lose the money. Instead, we implemented a system that taught him how to manage his money quite well. And now, at the age of 9, he already has a pretty good foundation for adulthood.

How we did it

When we started the allowance, we sat our son down and explained that we would not give him cash every week. Rather, we would open one saving account in his name. Each week we wrote down his allowance in a table to keep track of his earnings. And every time that revenue reached $ 50, we transferred those funds from ours Bank account to his savings account. He was on board immediately.

Nowadays, when our son wants to buy something like a new video game, puzzle or Pokemon cards with his money, we go to this table and debit the amount together. This way he can keep track of what he is spending and what he is saving.

My son really likes this setup, and I like it too. First, it’s a lot easier than taking piles of singles off the bank. But it also helps him understand the importance of saving. My son takes pride in the fact that his spreadsheet and savings account is growing, and he understands that the money that goes into his bank account earns interest (albeit a very modest amount these days). He also knows how to save up for certain goals.

Last year he wanted a video game that was priced at $ 60. He had enough money in his savings account but didn’t want to touch it. Instead, he waited to accumulate enough allowances on our table to buy what he wanted. He was proud to have earned this tidbit, and we were proud to have taught him that.

Of course, our son not only learned how to handle his money, but also learned that he has to earn this money. If there is a week when he is particularly unhelpful or not doing what he is supposed to, that allowance will be withheld until he makes it up.

Some people might say I shouldn’t have to “bribe” my son with extra pocket money to do extra chores around the house. But I really don’t mind, given the positive aspects. My son manages his money very responsibly and it is a pleasure to see him doing it. And he’s also very generous with it. The last two Holiday timesHe took money from his own account to buy presents for his sisters. And in my book that’s reason enough to keep our system going.

Vaccine ramp up most likely not sufficient to handle UK virus variant

An increase in vaccinations in the coming weeks alone might not be enough to curb the spread of a coronavirus variant first reported in December in the UK and now out in the US, said Scott Gottlieb, former commissioner for the Food and Drug Administration.

The emergence of variants could hamper efforts to reopen the economy in the United States, where at least 475,000 people have died from viruses, according to the country Data from Johns Hopkins University.

The UK first reported the strain known as B117 to the World Health Organization in December and now there are 971 cases in 37 US states Centers for Disease Control and Prevention.

“Right now they are shipping 11 million cans a week to the States. That will likely increase,” Gottlieb, who served as FDA chief under former President Donald Trump from 2017 to 2019, told CNBC.The news with Shepard Smith“On Thursday.” So we’re increasing the vaccination rate across the country. Well, if it will be fast enough to create a backstop against B117 – probably not by itself. “

Gottlieb said he doesn’t think travel restrictions could stop the spread of the B117 variant because it can often be too late. A “seasonal setback” in the form of the arrival of spring and summer could help reduce the spread of B117, said Gottlieb, a director of Pfizerwhose Covid vaccine is sold in the United States

He said that hopefully a combination of this and increasing vaccinations will include the variant in most parts of the country, although there may be hotspots in southern parts of California and Florida.

Anti-money Laundering Software program Market 2020 : Rising Demand for Monetary Information Mining Instruments to Handle Big Monetary Information to Drive Demand – KSU

The proliferation of machine learning (ML) in various fields is benefiting both consumers and businesses in the anti-money laundering software market. Stakeholders in the value chain increase their profits with the help of ML, as the new technology helps to recognize undiscovered patterns. Hence companies in the market for Anti-money laundering software develop solutions that are integrated with MI and cloud computing. For example, ACTICO, an end-to-end automation solutions company, developed an ML module based on the expertise of compliance managers and knowledge gained from data.

Companies in the anti-money laundering software market are increasingly researching the development of software with ML for integration into other functional modules. They are stepping up their efforts to develop solutions that meet government standards. Such advanced software systems are gaining visibility in banks and insurance companies as there is a growing need for software systems that can identify customers and transactions that pose a potential compliance risk.

Request a sample to get full insights into the Anti Money Laundering Software market

The need to eliminate false positives in transaction monitoring solutions is increasing the demand for software

The anti money laundering software market is expected to grow at a CAGR of ~13% during the forecast period. Since end users have high expectations of software systems, companies develop solutions with reliable detection of true suspicious cases. However, the rapid growth of the wire industry is challenging for money laundering software companies in the market that find it difficult to efficiently monitor and detect suspicious transactions. As a result, companies are intensifying research and development to develop software that eliminates the problem of false positives in surveillance and verification programs.

Transaction monitoring is one of the main drivers behind the robust growth of the anti-money laundering software market. Therefore, the transaction monitoring system product type segment is estimated to lead the anti-money laundering software market, and the global market is estimated to be worth ~$ 4.9 billion by 2027. Therefore, companies optimize their effectiveness in the secondary assessment of the transaction monitoring process.

Cloud-based delivery model helps with the immediate analysis of data sources

Cloud-based services are intended to conquer the market for software to combat money laundering and at the same time gain importance in the banking world. This is evident as the cloud-based delivery model is expected to take a huge leap in the market landscape. Therefore, compliance officers are increasingly using cloud-based services to improve the functionality of anti-money laundering software. In addition, cloud services help end users analyze data in different formats and from different applications. Since most of the data comes from outside the company, cloud-based services help harmonize the data and enable the compliance team to assess suspicious activity.

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On the other hand, AI is another trend that is seeing growth in the anti-money laundering software market. Because of the benefits of AI, end users are leveraging cloud-based and other advanced services that are rapidly changing. For this reason, companies are increasingly trying to introduce relevant data to analyze information from inside and outside the company.

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Optimized workflows set the pace for innovations in software

End users seek a streamlined approach to innovation in anti-money laundering software. They call for small pilot programs because money laundering compliance involves several moving parts. Compliance managers therefore identify areas where technological innovations could help develop a pilot project to test different theories. In order to be successful in pilot projects, companies in the anti-money laundering software market are increasingly sensitizing to balancing the results of the pilot project with earlier control strategies in the company’s history.

Banks, which are among the major end users of anti-money laundering software, fight financial crimes with low-cost and ML-based software solutions. This is evident as the retail banking market is projected to grow exponentially for anti-money laundering software. There is a growing demand for software systems that prevent financial crime. Increasing research and development has led to innovations in ML-based analytics solutions and RPA (Robot Process Automation) workflows.

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