Categoría: Geovanny Vicente

Called RISE (Retirement Income Security for Everyone), Edelman’s proposal is permanent and completely self-funding, with no financial support needed by Congress or taxpayers. Instead, the U.S. Treasury Department would sell one RISE Savings Bond for each baby born in America each year. The money would be managed as determined by Congress.

Under Edelman’s proposal, each RISE Bond of $5,884 would be redeemed in 20 years, just like other U.S. Savings Bonds. Redemptions and the program’s administrative expenses would be funded by the program itself so there would be no cost to the government or taxpayers.

In 70 years, the now-retired babies would each begin receiving monthly income through age 100. Each baby would receive enough income to place them at the median income of all U.S. households. Every child would receive benefits from RISE, and those born into lower-income households would receive more than those born into higher-income households.

«RISE eliminates poverty in retirement for all future generations of Americans,» said Edelman, who founded Edelman Financial Engines, the largest independent financial planning and investment management firm in the nation, managing $260 billion for 1.2 million American families. Several industry publications have called Edelman one of the most influential thought leaders in the financial services field, and he was named the country’s #1 Independent Financial Advisor three times by Barron’s.

«The key to RISE is seven decades of compound growth,» Edelman said. He noted that only one person—Benjamin Franklin—ever applied the principle of compounding to such long periods.

«Benjamin Franklin gave money to the cities of Boston and Philadelphia,» Edelman noted, «with the stipulation that they not touch the money for 100 years. His foresight produced huge financial support to both cities.» Edelman wrote about Benjamin Franklin’s will to illustrate how small donations can become worth many millions of dollars after many decades of growth.

«A one-time funding of $5,884 at birth is enough to give each retiree $120,000 in annual income starting at age 70,» Edelman said. By contrast, the average worker will spend more than $420,000 contributing to a 401(k) and Social Security – yet will receive less income in retirement than RISE provides, he noted.

«That’s because workers only save for three or four decades. By letting money grow for seven decades, RISE unleashes the true long-term power of compounding,» Edelman explained.

Millions of retirees enter retirement with insufficient savings because they don’t earn enough money to save, he said. Since 1970, incomes for the top 5% of households have more than doubled, while incomes for the bottom fifth of households fell 15%, according to the Pew Research Center.¹ As a result, upper-income families by 2016 had 75 times more wealth than the lowest-income families – up from 28 times in 1983.

«RISE is an important plan to supplement Social Security for future generations to ensure safe and secure retirements, especially for lower income Americans, by starting to fund retirement at birth,» said James Lockhart III, Former Deputy Commissioner and Chief Operating Officer of the Social Security Administration. «The funding mechanism is a very innovative approach that should be explored.»

«We owe it to the youngest among us to provide paths to financial security in old age and RISE represents exactly the kind of out-of-the-box thinking we need,» said Laura L. Carstensen, Ph.D.,
Fairleigh S. Dickinson Jr. Professor in Public Policy and Director of Stanford University’s Center on Longevity.

«This is the time for big ideas,» said Paul Irving, Chairman of the Milken Institute Center for the Future of Aging. «RISE is a bold plan to ensure that every American child can look forward to a financially secure retirement. RISE offers the opportunity to narrow gaps and change the financial futures of future American generations.»

«This innovative proposal to help reduce poverty and income inequality in the U.S. can be elegantly put into use to benefit the society at large,» said Ihsan Isik, Ph.D., Professor of International Banking and Finance in Rowan University’s William G. Rohrer College of Business.

Jason Grumet, Founder and President of the Bipartisan Policy Center, said, «As the country grapples with the twin challenges of retirement security and inequality, innovative ideas like RISE are needed to address retirement security for all.»

RISE is a permanent and completely self-funding way to ensure that all future generations of Americans enjoy a financially secure retirement.

Read the proposal and FAQs at www.WeCanRise.com.

¹https://www.pewsocialtrends.org/2020/01/09/trends-in-income-and-wealth-inequality/

View original content:http://www.prnewswire.com/news-releases/a-plan-to-eliminate-poverty-for-all-retirees-301218278.html

SOURCE Rowan University

TAMPA BAY, Fla., Feb. 1, 2021 /PRNewswire/ — A new study conducted by the renowned sustainability experts of the DFGE research institute shows that TeamViewer, a global leader in secure remote connectivity solutions, is enabling companies to limit their carbon footprint and thus contributes to avoid approx. 37 megatons of CO₂ equivalent (CO₂e) emissions per year. Through the use of TeamViewer technology to remotely maintain or repair machines, monitor networks and access computers and other devices, distances across the globe can be bridged easily and traveling from one place to another becomes unnecessary in many cases. Based on data from 2019 and calculations from 2020, a single connection via TeamViewer can avoid 13 kilograms of CO₂e emissions on average – the equivalent to 5.5 liters of gasoline or driving a car from San Francisco to San Jose.^[1] The new data also shows that an average TeamViewer subscriber avoids approx. 4 tons of CO₂e per year which is as much as a 100,000 km train ride – or 2.5 times around the world. The use of TeamViewer’s innovative solutions is reducing the travel distance of TeamViewer users and subscribers worldwide by millions of kilometers each year as more and more tasks can be performed from afar.

Stefan Gaiser, CFO of TeamViewer, says: «We are incredibly proud of the impact our products are having in helping our subscribers and millions of non-commercial users around the world reduce their CO₂e emissions each year. At TeamViewer, we are fully convinced that digitalization is a key lever to fight climate change and ultimately create a greener and more sustainable future for all of us. Therefore, we are committed to constantly developing a new range of tailored and innovative solutions that connect people and all kinds of devices around the world and make travel activities more redundant.»

Dr. Thomas Dreier, VP Innovation & Solutions and Co-Founder DFGE, says: «Carbon footprint accounting builds the basis for sustainability. Especially product carbon footprints are very complex projects as production, usage, maintenance, and disposal need to be considered. We were very excited to accompany TeamViewer’s efforts with investigating user habits in-depth and their effects on CO₂ emissions.»

A central part of the detailed study was a voluntary, anonymous online survey, conducted between October and November 2020 among users of TeamViewer. The 1,007 participants were almost evenly distributed across EMEA, APAC and AMERICAS, around 60% were paying customers, the other participants were private non-commercial users.

One challenge of the study was that TeamViewer’s solutions can be used for various scenarios and use cases in all industries. Ranging from service technicians maintaining deep-sea cranes hundreds of kilometers offshore without travelling by plane, to IT specialists remotely managing the global server infrastructure for their company and friends and family helping each other with IT problems – regardless of where they live. That is why the DFGE developed 216 descriptive user profiles to represent as many different use cases as possible. These profiles evaluated whether TeamViewer is used daily, weekly, monthly, or annually, and calculated how many trips with which distance would or could be replaced as well as which means of transport would most likely be used for the trip. Travel avoidance as the primary effect of avoided emissions was considered for this study. In addition, there could also be rebound or secondary effects, such as less road damage due to reduced car trips when using TeamViewer. However, these were not taken into account.

Based on the usage scenarios, TeamViewer users and customers were asked in the online survey to estimate their travel activities in each case, if they would not use TeamViewer. To further validate the data, a sample of TeamViewer customers – differing in terms of industry, product application and size – were questioned in qualitative expert interviews. Considering the results of the online survey, the qualitative expert interviews and company data regarding TeamViewer connections, the avoided emissions through TeamViewer solutions were estimated to be 37 megatons CO₂e, which is comparable to…

… the emissions of 11 million cars on average per year – more cars than registered in the Netherlands.^[2]
…twice the emissions emitted by the city of Munich in 2019.
… a fully booked A380 flying 7,000 times non-stop from Singapore to New York.
… the amount of carbon that 3.5 billion trees can bind in one year.

The results show: Technology enabling digitalization does play an important role in limiting carbon emissions and thus in achieving the sustainability goals to limit global warming preferably to 1.5 degrees Celsius defined in the Paris Climate Agreement. TeamViewer is conscious of the huge positive impact its solutions have on the environment and thrives to develop more use cases for a wide range of industries and applications to bridge distances, remove knowledge gaps and enable even more people globally to limit CO₂e emissions.

Please visit our homepage for more information. Here you can also find a short, animated video which summarizes the findings of the study: https://www.teamviewer.com/en/co2-study/

About DGFE
Founded in 1999 as a spin-off of the technical University of Munich, the DFGE – Institute for Energy, Ecology and Economy provides consulting services in the field of sustainability. Our offer Sustainability Intelligence featuring calculation management, reporting solutions and strategy development aims at bundling the effort of taking part in several sustainability/CSR standards and rankings like Carbon Disclosure Project (CDP), United Nations Global Compact (UNGC), Dow Jones Sustainability Index (DJSI), EcoVadis or Global Reporting Initiative (GRI) as well as building overarching strategies, such as a sustainability strategy according to the Sustainable Development Goals (SDGs). As the unique partner of the CDP for Science-based Targets (SBTs), DFGE provides its customers with comprehensive advice on climate strategy and helps them to operate climate-neutrally at product level or company-wide. To enable a future AI-based CSR management, DFGE researches in big data approach and machine learning. Our clients comprise international companies (DAX and fortune 500), SMEs, governmental organizations or territorial authorities.

About TeamViewer
TeamViewer is a leading global technology company that provides a connectivity platform to remotely access, control, manage, monitor, and repair devices of any kind – from laptops and mobile phones to industrial machines and robots. Although TeamViewer is free of charge for private use, it has more than 550,000 subscribers and enables companies of all sizes and from all industries to digitalize their business-critical processes through seamless connectivity. Against the backdrop of global megatrends like device proliferation, automation and new work, TeamViewer proactively shapes digital transformation and continuously innovates in the fields of Augmented Reality, Internet of Things or Artificial Intelligence. Since the company’s foundation in 2005, TeamViewer’s software has been installed on more than 2.5 billion devices around the world. The company is headquartered in Goppingen, Germany, and employs more than 1,200 people globally. In 2019, TeamViewer achieved billings of around EUR 325 million. TeamViewer AG (TMV) is listed at Frankfurt Stock Exchange and belongs to the MDAX. Further information can be found at www.teamviewer.com

Contact TeamViewer
Press
Pia Bartenschlager
Corporate PR
Phone: +49 (0) 7161 97200 10
E-Mail: press@teamviewer.com

References:

^[1] Assuming 7,8 liters per 100km (Source: Statista 2020)
^[2] Source: Statista (2018)

View original content:http://www.prnewswire.com/news-releases/new-study-shows-teamviewer-solutions-help-to-avoid-37-megatons-of-co2-emissions-per-year-301218963.html

SOURCE TeamViewer

MOORESVILLE, N.C., Feb. 1, 2021 /PRNewswire-PRWeb/ — POWERHOME SOLAR, a leading provider of solar panel installation and energy efficiency services, earned six honors in the 2021 Stevie Awards for Sales & Customer Service, including gold for Field Sales Team of the Year.

The Stevie Awards for Sales & Customer Service are the world’s top honors for customer service, contact center, business development and sales professionals. The Stevie Awards organizes eight of the world’s leading business awards programs, also including the prestigious American Business Awards® and International Business Awards®.

Winners will be recognized during a virtual awards ceremony on April 14.

In a competitive applicant pool of more than 2,300 nominations, POWERHOME SOLAR also received five silver honors for Senior Sales Executive of the Year (Ben Brookhart), National Sales Executive of the Year (Brookhart), National Sales Team of the Year, Sales Distinction of the Year, and Sales Growth Achievement of the Year. Winners were determined by the average scores of more than 160 professionals worldwide on nine specialized judging committees.

Since its launch in 2014, POWERHOME SOLAR has become one of the fastest-growing private companies in the nation. To date, POWERHOME SOLAR has helped nearly 25,000 customers reduce their reliance on grid energy, with solar installations totaling 150 MW. The company also has spurred economic growth in 11 states by hiring more than 1,600 employees and using American-made solar panels. POWERHOME SOLAR also has forged partnerships with seven professional and collegiate sports teams to help promote renewable solar energy in the markets where it operates.

«It’s an honor for POWERHOME SOLAR to be recognized globally alongside some of the most prestigious companies in the world,» said CEO Jayson Waller. «Our sales team had its best year ever in 2020, and our growth and success is a testament to drive and vision of the entire company. Our achievements were a team effort.»

«In the toughest working environment in memory for most organizations, 2021 Stevie Award winners still found ways to innovate, grow sales, please their customers, and secure new business,» said Stevie Awards president Maggie Gallagher. «The judges have recognized and rewarded this, and we join them in applauding this year’s winners for their continued success. We look forward to recognizing them on April 14.»

To learn more about the various awards POWERHOME SOLAR and its executives have won, visit http://www.powerhome.com.

About POWERHOME SOLAR
POWERHOME SOLAR is an energy efficiency company that provides high-quality American-made solar panels as part of a complete energy-savings package for residential customers. The company launched in 2014 in Mooresville, N.C., and today has more than 1,600 employees, including a commercial division. Operating in 11 states, it is ranked No. 255 on the 2020 Inc. 5000 list of the fastest-growing private companies in America — the third time in four years that the company has made the top 300 on this prestigious list. For more information, visit http://www.powerhome.com or follow us on Facebook, Instagram, Twitter and LinkedIn.

About The Stevie Awards
Stevie Awards are conferred in eight programs: the Asia-Pacific Stevie Awards, the German Stevie Awards, the Middle East & North Africa Stevie Awards, The American Business Awards®, The International Business Awards®, the Stevie Awards for Great Employers, the Stevie Awards for Women in Business, and the Stevie Awards for Sales & Customer Service. Stevie Awards competitions receive more than 12,000 entries each year from organizations in more than 70 nations. Honoring organizations of all types and sizes and the people behind them, the Stevies recognize outstanding performances in the workplace worldwide. Learn more about the Stevie Awards at http://www.StevieAwards.com.

Media Contact

Roger Kuznia, POWERHOME SOLAR, +1 704-622-6038, cindy@cindymetzler.com

Cindy Metzler, Omm Media, 561-271-1389, cindy@cindymetzler.com

SOURCE POWERHOME SOLAR

New proposal eliminates retirement income inequity for all future generations of Americans

GLASSBORO, N.J., Feb. 1, 2021 /PRNewswire-HISPANIC PR WIRE/ — Ric Edelman, Distinguished Lecturer at Rowan University and one of the most acclaimed financial advisors in the nation, today released a proposal that eliminates poverty in retirement for all future generations of Americans.

Called RISE (Retirement Income Security for Everyone), Edelman’s proposal is permanent and completely self-funding, with no financial support needed by Congress or taxpayers. Instead, the U.S. Treasury Department would sell one RISE Savings Bond for each baby born in America each year. The money would be managed as determined by Congress.

Under Edelman’s proposal, each RISE Bond of $5,884 would be redeemed in 20 years, just like other U.S. Savings Bonds. Redemptions and the program’s administrative expenses would be funded by the program itself so there would be no cost to the government or taxpayers.

In 70 years, the now-retired babies would each begin receiving monthly income through age 100. Each baby would receive enough income to place them at the median income of all U.S. households. Every child would receive benefits from RISE, and those born into lower-income households would receive more than those born into higher-income households.

«RISE eliminates poverty in retirement for all future generations of Americans,» said Edelman, who founded Edelman Financial Engines, the largest independent financial planning and investment management firm in the nation, managing $260 billion for 1.2 million American families. Several industry publications have called Edelman one of the most influential thought leaders in the financial services field, and he was named the country’s #1 Independent Financial Advisor three times by Barron’s.

«The key to RISE is seven decades of compound growth,» Edelman said. He noted that only one person—Benjamin Franklin—ever applied the principle of compounding to such long periods.

«Benjamin Franklin gave money to the cities of Boston and Philadelphia,» Edelman noted, «with the stipulation that they not touch the money for 100 years. His foresight produced huge financial support to both cities.» Edelman wrote about Benjamin Franklin’s will to illustrate how small donations can become worth many millions of dollars after many decades of growth.

«A one-time funding of $5,884 at birth is enough to give each retiree $120,000 in annual income starting at age 70,» Edelman said. By contrast, the average worker will spend more than $420,000 contributing to a 401(k) and Social Security – yet will receive less income in retirement than RISE provides, he noted.

«That’s because workers only save for three or four decades. By letting money grow for seven decades, RISE unleashes the true long-term power of compounding,» Edelman explained.

Millions of retirees enter retirement with insufficient savings because they don’t earn enough money to save, he said. Since 1970, incomes for the top 5% of households have more than doubled, while incomes for the bottom fifth of households fell 15%, according to the Pew Research Center.¹ As a result, upper-income families by 2016 had 75 times more wealth than the lowest-income families – up from 28 times in 1983.

«RISE is an important plan to supplement Social Security for future generations to ensure safe and secure retirements, especially for lower income Americans, by starting to fund retirement at birth,» said James Lockhart III, Former Deputy Commissioner and Chief Operating Officer of the Social Security Administration. «The funding mechanism is a very innovative approach that should be explored.»

«We owe it to the youngest among us to provide paths to financial security in old age and RISE represents exactly the kind of out-of-the-box thinking we need,» said Laura L. Carstensen, Ph.D.,
Fairleigh S. Dickinson Jr. Professor in Public Policy and Director of Stanford University’s Center on Longevity.

«This is the time for big ideas,» said Paul Irving, Chairman of the Milken Institute Center for the Future of Aging. «RISE is a bold plan to ensure that every American child can look forward to a financially secure retirement. RISE offers the opportunity to narrow gaps and change the financial futures of future American generations.»

«This innovative proposal to help reduce poverty and income inequality in the U.S. can be elegantly put into use to benefit the society at large,» said Ihsan Isik, Ph.D., Professor of International Banking and Finance in Rowan University’s William G. Rohrer College of Business.

Jason Grumet, Founder and President of the Bipartisan Policy Center, said, «As the country grapples with the twin challenges of retirement security and inequality, innovative ideas like RISE are needed to address retirement security for all.»

RISE is a permanent and completely self-funding way to ensure that all future generations of Americans enjoy a financially secure retirement.

Read the proposal and FAQs at www.WeCanRise.com.

¹https://www.pewsocialtrends.org/2020/01/09/trends-in-income-and-wealth-inequality/

SOURCE Rowan University