Latest news with #Roth
New York Post
7 hours ago
- Business
- New York Post
Popular dating app Tinder launches new facial recognition requirement
Popular dating app Tinder rolled out a new verification method that requires users to utilize facial recognition technology to prove they are a real human when they first sign up for the app. The technology – called Face Check – will be used to confirm that the person signing up is real by taking a short selfie video of themselves. The safety measure will then determine if the person is real by matching it against their profile picture. As first reported by Axios, the new verification method launched on Monday and, for now, will only be required for users in California. 'Creating a fun and respectful environment where Tinder users can be their true selves is our priority,' Philip Price Fry, Vice President of Communications for Tinder, told FOX Business. 'As part of our continued efforts, we are always testing ways to deliver the best experience for our users to seek authentic connections.' If the biometric face scan determines that the user is eligible to sign up, a photo recognition badge will be added to the user's profile. Shortly after determining eligibility, the submitted selfie video will be deleted with only two screenshots being saved to maintain the feature, according to Tinder's website. Face Check will also make sure that the user signing up doesn't have multiple accounts, according to the app. 3 The technology – called Face Check – will be used to confirm that the person signing up is real by taking a short selfie video of themselves. Tinder 3 The new verification method launched on Monday and, for now, will only be required for users in California. VSzili – The verification process is separate from Tinder's ID check as it does not rely on one's government ID. Yoel Roth, head of trust and safety of Tinder's parent company, Match Group, told Axios that the company sees this as an insurance measure for users. 'We see this as one part of a set of identity assurance options that are available to users,' Roth told Axios. 'Face Check… is really meant to be about confirming that this person is a real, live person and not a bot or a spoofed account.' 3 Face Check will also make sure that the user signing up doesn't have multiple accounts, according to the app. Tinder According to Axios, Roth said that the program has already shown promising results in Colombia and Canada. California is the first state in the U.S. where Tinder is requiring the new Face Check verification. Roth also told Axios that California was selected for its 'size, demographics and strong online safety and privacy laws.' Nick Butler is a reporter for Fox Business. Do you have any tips? Reach out to
The Onion
10 hours ago
- Entertainment
- The Onion
Report: Average American's Retirement Plan Involves Richard Gere Falling For Them After Paying For Sex
WASHINGTON—Highlighting a growing wealth gap nationwide, the Pew Research Center published a report Wednesday that revealed the average American's plan for retirement now involves Richard Gere falling for them after paying for sex. 'Our findings suggest that the vast majority of people are now hinging their retirement on Mr. Gere spotting them on the street, beckoning them over to his sports car, and becoming so smitten with their rough-hewn, street-smart ways that he invites them for an unforgettable evening at his hotel,' said report author Karyn Harpswell, adding that out of the 3,784 Americans surveyed, virtually all respondents listed putting on thigh-high boots and large hoop earrings to catch the veteran screen actor's eye as a more sound investment strategy than a diversified portfolio, careful budgeting, or a Roth IRA. 'Regardless of age, sex, or racial background, the thought process seemed to be that after one incredible night of lovemaking, they would wake up in Gere's bed and find he already had plans to pay them to stick around for the next week. Then, between the exquisite meals at fancy restaurants and glamorous outfits on his dime, any additional retirement planning would be unnecessary, particularly if they could eventually convince Gere that they were meant to be together forever.' The report added that the plans of most Americans also involved avoiding Jason Alexander at all costs.
Yahoo
a day ago
- Business
- Yahoo
How to use tax-advantaged accounts to grow your wealth
Schwab Center for Financial Research managing director of financial planning, Rob Williams, joins Mind Your Money with Brad Smith to share some tax-efficient strategies to maximize your retirement savings. To watch more expert insights and analysis on the latest market action, check out more Mind Your Money here. Joining us now to discuss tax efficient strategies that you should make to make sure that you're taking advantage of is Rob Williams, who is the Schwab Center for Financial Research managing director of financial planning. Rob, good to have you here with us. Within Schwabs Good to be here, Brad. certainly, within Schwab's 2025 wealth management mid-year outlook, you talk about tapping the full range of tax advantaged investment accounts that might be available to you. We're talking IRAs, 401Ks, Roth accounts, and HSAs. Uh let's just start perhaps with how a traditional IRA can help your tax bill. Sure. Well, one of the things I want to start with is we can't control markets. They're volatile, they go up and down, but we we do have some control over taxes. And these tax advantaged accounts are are really one of those vehicles we have to to do that and IRA is one and one of the advantages is pretty much everyone has access to one. So if you have earned income and you don't exceed certain thresholds, you can uh contribute to an IRA up to $7,000, $8,000 a year if you're over age 50. And that money can grow tax deferred. It's it's pre-tax. It's it's it's tax exempt and tax deferred. So, you know, it depends on your income level, but that's really one of the first tools that many of us have, almost all of us have access to it, and it gives us those tax advantages of of saving and really building wealth over time. Rob, what are some of the tax efficient strategies that you should be considering mid-year within your 401K? Well, continue to contribute. That's the first. We mentioned IRAs as we started with it, but anyone who has a 401k, the contribution limits to that are higher. You're going to get an employer match that's required by law can be up to six 50 cents on the dollar for 6% of your contributions. And it's really earmarked for retirement. So that's free money from your employer, get the match, continue. I don't like to use the word autopilot, but you can take it from your paycheck, continue to start small, but continue to build. So mid year is a good time to look at what your contribution rates are, think about whether you can, you know, can increase them. You may look at your asset allocations and things too, but you know, even that is something you maybe do once a year. So make sure you're contributing. Can you afford more? Continue to increase. You'll thank yourself later as your balances continue to grow. Now, we talked about and started to talk about an IRA. What about a Roth IRA? Right. Roth IRAs are great. I love them. They uh they're one of the ways to sort of bite the bullet up front and meaning that unlike a traditional IRA or a 401k, you pay tax up front on those, on that income, then you contribute it to the Roth, whether it's a Roth IRA or a Roth 401k. Then after that, any growth in that fund and an IRA, the Roth or your withdrawals are tax-free. So we're all watching the tax rates, you know, watching what's going on in Washington. But whatever happens in the future, you're avoiding and and sort of saying I'm not going to have to pay tax, you know, on those savings and any of the earnings in the future. That's really a powerful tool and it's one of the other accounts you have in your toolkit. So make sure you have a tax aware account strategy. And then finally, we got to talk about this an HSA. I mean, you know, there are so many different strategies that we've heard about this over the year, but a health savings account, what's the mid-year check-in strategy for folks? Well, I said Roths are my favorite and and I and now you mentioned HSA, so I'm going to change it. They're one of my You can't do that, Rob. Can't do that. Yeah, okay. They're a lot of favorites and there's a lot of things on the on the menu, but HSAs, I mean, they're you can get them through an employer if you're in a high deductible plan, but here's the key, they're triple tax exempt. So you can contribute money up to the limits aren't high, but they're they're reasonable, invest in that account, and then any withdrawals you take for retirement or for health care expenses at any point in the future. You can grow that money as tax exempt too. So at all three points, there's no taxes. And and here's a nice kicker too. After age 65, they you have earnings or taxed if you take it out for retirement, but becomes a bit like an IRA account. So I think of them sort of is that wild card account to use um to help manage health care costs, but also, you know, build those assets to be flexible once you get to retirement. Okay, I lied, that's not my last question. Just put all of this together for us though. What can people do today in regards to their tax advantage accounts to put them in a better position for the back half of the year and for longer run savings? Well, have a hierarchy. That's four or five different accounts I mentioned. I mean, the first is to save, use those vehicles, even if you start small. Second, use your 401k first and and the in the health savings account, you know, those are really powerful ones, get the match from your employer. Some health savings accounts offer that as well. Then after that, you have more choices in terms of where to go from there, contribute more to your 401k, considering a Roth or an IRA. Those are all things you can, you know, think about on your own or or work with a financial planner or a tax professional to help you work through that hierarchy. The key is to to be on it, time's on your side. You know, we want to make sure we we build wealth and and we keep it after tax. That's really the the name of the game. Rob, great to see you. Thanks so much for joining us here on Yahoo Finance. Thank you. Sign in to access your portfolio
Time of India
a day ago
- Sport
- Time of India
Alex Ovechkin nominated for 2025 Muhammad Ali Sports Humanitarian Award
Alex Ovechkin nominated for 2025 Muhammad Ali Sports Humanitarian Award (Image Via Twitter) While Alex Ovechkin of the Washington Capitals is still conquering the ice rink, his momentous contributions off the rink have granted him one of sports' most prestigious recognitions. Ovechkin has become one of the 2025 Muhammad Ali Sports Humanitarian Award finalists after years of making humanity the focus of sport. In any case, more than scoring goals and breaking records, Ovechkin has ultimately borne witness to life and the challenges of cancer, and has provided opportunities for young people in hockey. Alex Ovechkin's cancer campaign and youth initiatives define his humanitarian legacy Alex Ovechkin took his life-improving ventures through sport to another level this year, launching his great initiative, Gr8 Chase for Victory Over Cancer. The campaign brings awareness and supports pancreatic cancer research with the assistance of the Capitals, Hockey Fights Cancer, and The V Foundation. Since making history by scoring his 885th NHL goal, Ovechkin has pledged donations for each goal he scores for the rest of his professional career. The campaign has already raised over $150,000, with donations still coming in as he continues to climb up the scoring charts. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Ask A Pro: "I'm 70 with $1.4M in IRAs. Should I convert $120K/Year to a Roth?" SmartAsset Undo This humanitarian thrust is not new for Alex Ovechkin. In fact, right from the start when he entered the NHL, he fought for access and inclusion in the game of hockey. Back in 2006, he started a program called "Ovi's 8's," which is meant to take children from underprivileged communities to watch Capitals games. His vision of bringing hockey closer to the young fans will be the very inspiration behind a new generation of players and fans in Washington, D.C. In recognition of his commitment to inclusion, Ovechkin is considered to be supporting the ASHA. He promoted adaptive hockey in the U.S., organizing various street hockey games, as well as skating programs for children with developmental disabilities. Most times, he would even pay for the rental of the ice to ensure that the programs thrive. The long commitment to being of service and showing leadership most certainly makes Ovechkin one of the finalists for this year's Muhammad Ali Sports Humanitarian Award. The award honors those athletes who instill genuine change into their communities and will be awarded on July 15, with an ABC highlights broadcast aired during the ESPYS on July 16. Also Read: Mitch Marner's farewell with the Toronto Maple Leafs ends an epic saga of the club filled with heart, hope and heartbreak Alex Ovechkin is already an established name in the annals of NHL history, but perhaps his greatest contribution lies beyond the rink. His ceaseless efforts in cancer research and youth development continue to impact lives, validating the maxim that true greatness is defined by giving back. Game On Season 1 continues with Mirabai Chanu's inspiring story. Watch Episode 2 here.
Business Wire
a day ago
- Business
- Business Wire
Marcus & Millichap's IPA Capital Markets Arranges $61 Million Construction Financing for San Mateo, California Mixed-Use Multifamily Property
SAN MATEO, Calif.--(BUSINESS WIRE)-- IPA Capital Markets, a division of Marcus & Millichap (NYSE:MMI) specializing in capital markets services for major private and institutional clients, has successfully secured $61 million in financing for the construction of Arbello, a mixed-use multifamily and office property located at 477 9th Avenue in San Mateo, California. Marcus & Millichap's IPA Capital Markets Arranges $61 Million Construction Financing for San Mateo, California Mixed-Use Multifamily Property Share The five-story property will offer 120 residential units for rent and approximately 29,000 square feet of office space. Amenities will include a coworking space, wellness center, clubhouse, expansive courtyard, and rooftop deck. Brandon Roth, managing director in IPA Capital Markets' Palo Alto office, advised and marketed the financing on behalf of The Martin Group and JPF Capital. 'There are few developers in the Bay Area that have been able to secure financing and start construction in today's market environment, but The Martin Group has now done it twice in the past six months,' said Roth. 'It's a testament to the quality of their product and their project location. We were able to create a competitive market, securing construction financing quotes from six lenders.' About IPA Capital Markets IPA Capital Markets is a division of Marcus & Millichap (NYSE: MMI). IPA Capital Markets provides major private and institutional clients with commercial real estate capital markets financing solutions, including debt, mezzanine financing, preferred and joint venture equity, and sponsor equity. For more information, please visit About Marcus & Millichap, Inc. (NYSE: MMI) Marcus & Millichap, Inc. is a leading brokerage firm specializing in commercial real estate investment sales, financing, research and advisory services with offices throughout the United States and Canada. Marcus & Millichap closed 7,836 transactions with a sales volume of approximately $49.6 billion in 2024. The company had 1,712 investment sales and financing professionals in more than 80 offices who provide investment brokerage and financing services to sellers and buyers of commercial real estate at year end. For additional information, please visit About The Martin Group The Martin Group is a real estate investment firm developing ground-up and value-add residential and mixed-use properties focusing on infill housing located near durable demand drivers in supply-constrained markets. Headquartered in Oakland, CA, The Martin Group has acquired and developed over 24 million square feet since its founding. For more information, please visit:
