NEW YORK, N.Y. – On Wednesday, May 31st, Working in Support of Education (w!se) held the 22nd annual Quality of Life INNOVATIONS (QLI) Awards Ceremony, generously hosted by CITI in Tribeca. 150 guests attended the event, which was capped off with the announcement of the 2017 prize winners. Read More
Students Honored at 2017 w!se Scholars Reception
NEW YORK, N.Y. – On Friday, June 9, Working in Support of Education (w!se) hosted its annual Scholars Reception to honor high school students who earned a score of 95% or higher on w!se’s 2016-17 national standardized Financial Literacy Certification Test. The Test is administered nationally each year in high schools that participate in w!se’s… Read More
w!se Partners with GS Community TeamWorks to Help Students Gain Valuable College and Career Skills
NEW YORK, N.Y. – Working in Support of Education (w!se) is teaming up with and Goldman Sachs to help more than 200 high school students from across New York City strengthen their college and career-readiness skills. Through Goldman Sachs Community TeamWorks, Goldman employees will conduct mock interviews, teach students about networking and give students a… Read More
TAX MYTHS (AS REPORTED BY SELENA MARANJIAN ON MONEY.CNN.COM)
Taxes are complicated. There is no avoiding that. The US tax code is so complex that its likely even a lawyer who specializes on tax law doesn’t know all the details. So how can you or I be expected to understand them? While becoming an expert in the tax code may not be possible, there… Read More
MAX OUT YOUR 401K MATCH (AS REPORTED BY MATT BECKER ON WWW.THESIMPLEDOLLAR.COM)
A 401k employer match is one of the best things any employee can ask for. Why? Because it means free money toward your retirement. Many employers in the US still offer this benefit to their employees – they match 50-100% of employee 401k contributions up to a certain limit. But according to the Society for… Read More
RETIREMENT SAVINGS IN YOUR FINAL EARNING YEARS (AS REPORTED BY ALICIA ROSE HUDNETT ON MONEY.CNN.COM)
All of the experts agree – the sooner you start saving for retirement, the better off you’ll be when the time comes. But what if you haven’t started yet? What if you are getting close to retirement age and you are worried you won’t have enough saved? According to a recent survey, 28% of Americans… Read More
COMMON STUDENT LOAN DEBT MISTAKES (AS REPORTED BY DREW HOUSMAN ON WWW.THESIMPLEDOLLAR.COM)
Student debt is a big problem in the United States today. 54% of young workers report that right now, paying off student loans come before saving for retirement. What’s more, 40% report that worrying about student loans has impacted their health. Does this mean nobody should ever take out loans to pay for college? Of… Read More
5th Annual 100 Best W!Se High Schools Teaching Personal Finance Rankings Announced
NEW YORK, N.Y. – Working in Support of Education (w!se), a New York City-based, national educational nonprofit, today announced the 2016 “100 Best w!se High Schools Teaching Personal Finance” at a ceremony sponsored by Voya Financial®. Earning first place for the second time is New York City’s High School of Math, Science and Engineering at… Read More
THE COMING PUBLIC PENSION CRISIS (AS REPORTED BY OLIVIER GARRET ON WWW.FORBES.COM)
The concept of a pension is something that private employers have all but abandoned, putting more of the onus of retirement savings onto the individual. But most public positions still offer a pension, and so many Americans either currently work towards a pension or are already receiving benefits. And that’s why the coming pension crisis… Read More
401K VESTING (AS REPORTED BY MATT BECKER ON WWW.THESIMPLEDOLLAR.COM)
If you are lucky enough to have an employer who offers a 401k retirement plan, there are tax advantages to directing a portion of each paycheck toward it. You are even luckier still if that employer matches some or all of your contribution, because that is free money available to you simply for joining the… Read More