Rocky Mountain Voice

Tag: Financial Literacy

Economists Say Trump Accounts Could Transform Long Term Savings For Millions Of Families
Just The News, Approved, National

Economists Say Trump Accounts Could Transform Long Term Savings For Millions Of Families

By Christina Park | Just the News Backed by a $1,000 government seed deposit and billions in private philanthropy, the new tax-deferred accounts aim to give American newborns a massive financial head start. "Trump Accounts” officially launched on Monday following a July 4 opening, drawing positive feedback from economists who project the program will provide significant financial benefits for American children nationwide.  The accounts come as part of Trump’s new tax law, the One Big Beautiful Bill, and are essentially tax-deferred investments for newborn American citizens born between January 1, 2025, and December 31, 2028. As of today, more than six million people have signed up for the accounts. The program includes an automatic seed deposit of $1...
FNBO invests $1.73M in Northern Colorado communities
NorthFortyNews, Approved, Local

FNBO invests $1.73M in Northern Colorado communities

by North Forty News Staff | NorthFortyNews Northern Colorado nonprofits will see major support this year as First National Bank of Omaha (FNBO) awarded $305,000 in Impact Grants to 19 organizations across the region. The funding is part of FNBO’s $1.73 million in grants distributed to 90 nonprofits in eight states. The grants target FNBO’s three philanthropic pillars: affordable housing, workforce development, and financial literacy. Local organizations receiving funds include: Fort Collins Habitat for Humanity – $25,000 for affordable home construction. Greeley-Weld Habitat for Humanity – $20,000 for new homeownership opportunities. Housing Catalyst (Fort Collins) – $10,000 for community support and financial literacy workshops. Neighbor to Neighbor (Fort...
Money matters: Colorado lawmakers pass bill adding financial literacy to graduation requirements
Approved, Post Independent, State

Money matters: Colorado lawmakers pass bill adding financial literacy to graduation requirements

By Andrea Teres-Martinez | Post Independent Colorado just became the 27th state to turn financial literacy courses into a graduation requirement after the bill passed the Senate with a vast majority vote on Wednesday.  The bipartisan bill’s third reading passed with 55 yes votes and 10 no — a noticeable uptick in support from when the bill was first introduced. House Bill 25-1192 requires that all Colorado high school students complete a personal finance literacy course at some point in their four years in order to graduate. High school graduation requirements and curriculum are traditionally set by local school districts, while academic standards are set by the state. However, the bill gives districts control over when and how the course is implemented so long as the...