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New state programs, like California’s, make it easier for workers to save for retirement

New state programs, like California’s, make it easier for workers to save for retirement

Finance
When 27-year-old Ramon Gonzales was looking for a new job eight months ago, having access to a retirement plan was high on his list of priorities.Now Gonzales, the floor supervisor for the production team at Red Bay Coffee, has that ability to save.That's thanks to CalSavers, California's automatic individual retirement account plan, which officially started in July.The program offers employees of small businesses and other companies that do not offer a retirement plan the opportunity to save through the state's new program. California now requires employers with five or more employees to either join CalSavers or begin offering their own retirement plan.That will give an estimated 7.5 million California workers a retirement savings plan option. About 55 million Americans nationwide do not ...
13 Baking Hacks That Make Your Life Easier

13 Baking Hacks That Make Your Life Easier

Health
According to Urban Dictionary, the term “hack” has several meanings, among them “a clever or elegant technical accomplishment” and “a temporary, jury-rigged solution.” These 13 baking shortcuts not only fit both of these definitions, but are ingenious enough to change your culinary life forever. Read on, and never cry over snafus like burned cookies or undecorated cakes again. Scoop up stray eggshells Chantal over at Paleoaholic suggested a simple but super-smart way to get errant bits of shell out of an egg you’ve over-zealously cracked into a bowl. “Wet your fingers before trying to get it o...
Public sector banks are much easier to defraud than private sector ones: Here's the proof

Public sector banks are much easier to defraud than private sector ones: Here's the proof

Finance
Clearly, it is much easier to defraud public sector banks than private sector ones in India and the figures speak volumes about the way the latter are run. According to the Reserve Bank of India‚Äôs (RBI) annual report for 2017-18, during 2017-18, public sector banks accounted for almost all (92.9 per cent) of the amount involved in frauds. While the private sector banks accounted for 6 per cent. With regards to the cumulative amount involved in frauds till March 31, 2018, PSBs accounted for around 85 per cent, while the private sector banks accounted for a little over 10 per cent. Banking frauds in general are on the rise. According the central bank’s annual report, the number of cases on frauds reported by banks were generally hovering at around 4500 in the last 10 years before thei