Tuesday, July 29, 2014

U.S. Disability Insurance Program running low

http://www.accountingtoday.com/news/government-news/disability-insurance-program-running-low-on-funds-71473-1.html The scheduled depletion date for Social Security’s Disability Insurance Trust Fund is only two years away, in late 2016, according to a new government report.

Wednesday, July 16, 2014

Rainy day funds

http://www.pewtrusts.org/en/research-and-analysis/reports/2014/07/15/building-state-rainy-day-funds-policies-to-harness-revenue According to the Pew report, 12 States have placed requirements to increase reserves, depending on changes in revenues. But is it enough to weather possible downturns? See this report.