The President of Nationwide Financial’s sales and distribution division has some critical career advice for financial advisers. If they want to retain their clients they need to help those clients optimize their Social Security benefits as well as the rest of their retirement financial situation. Social Security can be up to 40% of a retiree’s income, so maximizing that is crucial, and can mean a big difference in the retired client’s lifestyle and quality of life.
Yet, Giertz says, in a survey conducted by the Nationwide Retirement Institute, most clients said their advisers did not bring up the topic. However, four out of five of those respondents also said they would switch advisers if they did not. Therefore, mastering Social Security and helping clients with it is a vital body of knowledge that affects the incomes of financial advisers.
Social Security is not simple. The Social Security Handbook contains 2700 rules. That’s why so many financial advisers prefer to avoid the topic. They don’t feel confident they have the expertise on it, so they lack confidence. However, clients who made the wrong Social Security decisions can lose a significant amount of benefits or pay additional taxes on it.
“Our parents and grandparents had pensions,” Giertz told CNBC. But those pensions are “drying up.” That makes maximizing Social Security benefits a vital part of everybody’s financial plan for retirement.
Yet a study conducted by the Nationwide Retirement Institute showed 30% of people receiving retirement benefits receive less than what they expected. And that’s up from 22% in the 2015 survey.
David Giertz has over 30 years of experience in the financial services advisory business. He started out with Nationwide Financial in 1999, as Regional Vice President in Miami, Florida. He ran the Southeast Territory, which is seven states plus Puerto Rico. In his five years in that position he increased the Southeast Territory’s revenue by 48%, leading to a promotion to President of Financial Institutions in 2004.
Read more about David Giertz: https://www.bloomberg.com/research/stocks/private/people.asp?privcapId=3611386
When it is all said and done, this project that is underway for Rio’s Child Education Network is no small one by any means. It takes groups of all different kinds of individuals to ensure the process is completed in a timely, safe, prosperous fashion.
The Public-Private Partnerships were created by Law No. 11,079 in the year 2004 and was signed in 2004. It established many guidelines for the Public Private Partnership within this public administration and in regard to the Child Education Network. Felipe Monotoro Jens explains this and more with regard to the parties involved and the development of the public administration as well as the private partners.
The IFC is paid to the tune of R $2.3 million and as explained by Felipe Montoro Jens,is working closely to ensure every level of construction is done in accordance to set goals. The International Finance Corporation, is in charge of the services through a Public-Private Partnership.
A partnership between the IFC and Public-Private partnerships in Rio de Janeiro is very important to the current administration. Child care, construction workers, as well as children, would benefit greatly from a successful partnership such as this. Felipe Montoro Jens is a specialist in this field and has closely monitored the current developments.
A study was created for Rio de Janeiro. In thought a way to fulfill needs in the current setup was to construct, maintain, and provide services to increase each particular child care network development. Step two to this expansive network was the 20,000 new places in day-care centers and 40,000 new places in pre-schools. The capital of Minas Gerais was even supported by the current mayor of Rio de Janeior Marcelo Crivella. The private sector created a project that involved the upgrading of the quality and quantity of child care places, and was completed in July 2012.
Lime Crime, a vegan and cruelty-free makeup brand, is known for their colorful palettes and makeup that lets people express themselves unapologetically. The well-known brand is pushing it one step further by releasing a throw back palette guaranteed to create nostalgia. Polly Pocket grabbed the attention of everyone with their colorful and stylish outfits and accessories. Small enough to fit in a packet, the dolls were perfect for bringing everywhere. The new Polly Pocket inspired palettes, called Pocket Candy Palettes by Lime Crime are the perfect way to honor the once popular brand, complete with pastel colors and the iconic font.
This new collection is complete with palettes that are small enough to fit in your pocket. Don’t let the size fool you, each palette is packed with drama and kept in a quality compact with a mirror. Each palette comes with 5 unique shades, each fitting the reminiscent theme.
Choose from the Pink Lemonade, in a sunshine-yellow compact, Sugar Plum, in a baby blue compact, or the Bubblegum pallet, in poppy pink. The palettes are filled with brights and almost-neutrals to create a look that grabs attention and will have everyone asking about the iconic pieces. Each have a unique look, but keep the same well-known vibe as Polly Pocket.
The Pocket Candy Palettes dropped September 26th on Lime Crime’s website and other partner sites. You can play all day with the 90’s inspired looks by grabbing your own for $34. Grab all three to complete the look for $90.
Lauren Koller, who is a resident of Austin, was emotional the first time that she held her son. Her son’s biological mother mother comforted her. Lauren had dreamed of becoming a mother for a long time. She and her husband Mel counted down the days until they could become parents.
Lauren stated that they waited two long years for the adoption to be finalized. She and Mel prayed every day for their son. In April 2017, Lauren received a phone call that changed her life. The adoption agency told her that a woman named Felicia Metcalf was looking for someone to adopt her baby.
Four months later, Felicia gave birth to a baby boy. Lauren was able to meet the baby the night that he was born. A few weeks later, Lauren and Mel were able to take their baby home for good.
Lauren was filled with joy when she was feeding her son for the first time. She could not stop the tears from flowing. Felicia was there to wipe away the tears so that Lauren could continue feeding her baby. Sara Easter was the photographer who was there to witness the magical moment and capture it.
Sara stated that it was a perfect example of what an adoption should be. Both families work together to make sure that the needs of the child are met. The families have different roles, but both roles are equally important. Sara also stated that her hope is that the little boy will be able to look at the photo and see how much he is loved. She stated that the emotional moment is one that she will never forget.
Parents who want to adopt a child from overseas will have a harder time doing so. The United States government has raised the fees. They have also made changes to the requirements that have to be met in order to adopt a child.
In 2004, there were 22,884 children adopted from overseas. Only 5,732 children were adopted from overseas in 2016. This is a nearly 80 percent decrease. The National Council for Adoption is fighting against the new fees. Chuck Johnson is the CEO of the organization. He stated that the fees will make it too hard for people to adopt a child.
Chuck also stated that the fees will make it harder for organizations to maintain their accreditation. There are fewer international adoption agencies today than there were in the past. There are currently 160 international adoption agencies in the United States. There were 200 over a decade ago.
Many of the remaining adoption organizations are faith-based. They think that adoption is a part of their mission work. Leaders of faith-based organizations have stated that they are also frustrated with the way that adoption is going.
Furthermore, American families are having trouble adopting children overseas because of all of this international turmoil. Many adoptions in other countries have been stopped because of scandals. Most of the children in the United States who are adopted from another country come from China.
However, fewer people are adopting from China because more Chinese children are being adopted domestically. In the past, many people adopted children from Russia. However, these adoptions have been stopped because of political strains.
Richard Klarberg is the president of the Council of Accreditation. He stated that several leaders of organizations have been forced to relinquish their duties.
On Monday, Kazakhstan’s Ministry of Education and Science released new adoption numbers for 2017. Around 400 children were adopted last year in the country of some 17 million inhabitants. Kazakhstan’s government has started a new initiative to help funnel children out of the country’s system of orphanages.
As part of the government’s effort to trim down its orphanage population, they are encouraging the adoption and fostering of orphans. Their efforts paid off last year, as the number of orphanages in the country dropped by 35%. In 2017, more than 2,000 children were placed under legal guardianship, while more than 200 went into foster care.
While the government works to help orphaned children find homes, private citizens are doing their part as well. Murat Kabylbayev, a foster father from the village of Kenessary, has adopted 12 children so far. He is an advocate of adoption and fostering, working with the Kazakhstan Without Orphans project to find children loving homes. He was recently named one of the 100 New Faces of Kazakhstan for his work in promoting adoption and fostering.
Kazakhstan has allowed inter-country adoption since 1989, and Kazakhstani children have historically been a popular choice for American couples. Kazakhstan has consistently ranked in the top 10 countries from which Americans adopt the most children. Americans typically pay around $40,000 per child, and parents must provide post-adoption reports every six months for three years after the adoption date. Annual post-adoption reports are required until the adopted child reaches 18. Kazakhstan typically does not allow same-sex parents, single parents or unmarried parents to adopt children, and sometimes it can take up to two years to complete the adoption process.
Despite its popularity, Kazakhstan has not always remained open to inter-country adoptions. In 2013, Kazakhstan halted American adoptions after two Kazakhstani children were discovered staying at an improperly licensed facility in Montana. The children were returned to their parents, and the country put a temporary ban on the American adoption of Kazakhstani children.
Stories often fill the news about celebrities, religious leaders and others adopting children overseas. Recent changes in international adoption will make these adoptions more difficult. On February 16, Associated Press writer David Crary reported that the United States government had made changes to international adoption procedures, regulation and fees designed to prevent scams that have harmed the public. Increased fees passed on to prospective parents are expected to generate funds necessary to safeguard them by enlarging and improving accreditation and investigation staff and processes.
Business leaders at the National Council for Adoption and many adoption agencies are upset about the new changes. One adoption agency CEO, Greg Eubanks, told the press that international adoptions are a “life-and-death issue” for some kids who have mental health issues and need relocation from their birth countries. Yet, Eubanks’ claim seems to ignore that international adoptions have actually dropped over the last decade and a half from tens of thousands to less than 6,000. American families only adopted 5,372 children from other countries in 2016.
Although it is true that children are suffering in countries around the world, leaders at adoption agencies seem to have ignored the suffering taking place in the United States. Experts estimate that as many as one out of every 30 children in the U.S. don’t have a home. Although many of the estimated 2.5 million school-aged children without homes have families or guardians who are also experiencing their homelessness, a lot of children have no one to rely upon to help them. Additionally, a 2015 government report revealed that an estimated 400,000 children were waiting in foster care for someone to adopt them. Over 28,000 children had been waiting for five years or more.
Given these numbers, critics often ask why the government permits any foreign adoptions outside of special circumstances. Faith-based organizations usually see it as their mission to adopt children from foreign countries even though there’s an obvious need for an increase in domestic adoptions. Some U.S. citizens hope that the new international adoption fees and associated regulations will prompt more families to adopt here at home.
The Parke family had a wonderful Valentine’s Day. Not only did the couple celebrate each other’s love, but they also added four children to their family. Jennifer Riedel-Parke and her wife Trudy have fostered several children over the years.
They are the proud parents of 6-year-old Kyle, 4-year-old Jazz, 3-year-old Bethann and 21-month Jonathan. The couple held a celebration at their house, which was attended by their family members and friends. They had a superhero-themed party. “Even Superman Was Adopted” was on the cake.
All of the children are biological siblings. The Parkes have been the children’s foster parents since 2016. They stated that they only take in siblings. The couple thought that they would temporarily foster the children. However, the biological parents gave up their rights. Jennifer is happy that things turned out the way that they did because she always wanted to have a family.
The children call their parents Mama Chewy and Mama Jen. Trudy stated that Jen cooks for the children every day. She cooks fruits, vegetables and homemade soups. She also makes homemade pancakes and sushi.
Trudy stated that the couple is open to adopting more children. Christine Dangrow was the case manager. She was in the courtroom when the adoption was finalized. Being a foster parent is not easy. They have to make sure that all of the children’s basic needs are met, which includes taking them to medical and dental appointments.
Christine stated that it warms her heart to see people care for children that are not biologically theirs. She believes that the children will thrive in the Parke home because it is an environment of love, nurturing, structure and discipline.
A Russian mother is fighting a battle in court after her adopted kids were stripped away from her by local authorities. The adopting mother, Yulia Savinovskikh said she had breast surgery because her large breasts were affecting her health and well-being. Right before having the breast surgery, Yulia said she wrote a blog where she pretended she was a man.
Her two adopted children were taken away from her in August of 2017. The court said that because she identified as being a man in her blog post before the surgery, she had no right to be an adoptive parent of the kids anymore. It is important to point out that the kids that Yulia Savinovskikh adopted were from an orphanage. They are also mentally ill.
The Russian district court in Yekaterinburg said that Mrs. Savinovskikh could no longer play the role of a mother and that she goes against what is considered normal in Russian society. The court in Yekaterinburg also said that she is violating family law principles in the country. This is a clear form of discrimination.
Yulia Savinovskikh has three older children which she has given birth and raised. She also says that her kids call her mum like any other child would call their mother. Savinovskikh has also added that she is not taking any hormones or undergoing a penis reconstruction surgery to make her more manly. She is also not changing her gender on her documents and will contain to be listed as a female. Savinovskikh is also married to a man who is her husband and was supportive of her breast surgery.
Mrs. Savinovskikh’s struggle to win back custody of her adopted kids who are only a few years old and are mentally ill is emblematic of a larger problem when it comes to adoption in Russia. Many parents who are homosexual or transgender face discrimination when adopting kids. Homosexuals and transgender people are also discriminated against and face persecution in Russia. Instead of focusing on giving these kids a happy and loving home by people that want to adopt them, the Russian courts are attacking their supposed sexuality and lifestyle. This is wrong and needs to change.
Keyaun is getting ready to celebrate the Chinese New Year with his family. A couple from Singapore fell in love with him after they saw a documentary about children in China with disabilities. Keyaun was born with no ears. He has had a fascination with airplanes ever since he was young.
Keyaun grew up in foster care. He was heartbroken when he watched other children get adopted. He wondered if he would ever have a family of his own. Keyaun’s dream of having finally came true after he turned 8. Dr. Lim Poh Liah and Mr Yap Von Hing fell in love with Keyaun when they saw him on television.
The couple already had three children who were almost grown. They were looking forward to being empty-nesters. However, that changed when they saw the documentary about children with disabilities. Many of the children are abandoned because their parents cannot afford to take care of them.
Keyaun was abandoned when he was just a few days old. He was 7-years-old during the time that the documentary aired and was considered by many to be too old to adopt. Children in China are no longer eligible for adoption once they turn 14. In the documentary, Keyaun stated that even though he wanted to be a part of a real family, he was not going to rush it.
Dr. Lim was touched by Keyaun’s world. She and her husband decided to fly to Beijing to meet Keyaun. He was just as eager to meet the couple as they were to meet him. They kept in touch via letter for months. He was officially adopted on January 29, 2018.