Huge money for volunteers

Those who volunteer in emergency response units in Long Island, New York, could get up to $50,000 to buy a home.

Long Island Homes for Heroes is a program “firmly committed to supporting those who tirelessly serve our community, often without recognition or reward,” according to its website.

We strive to fill this crucial funding void, offering an innovative solution through generous donations from our community,” LI Homes for Heroes states.

“Our goal is to provide the required ‘matching’ funds that our volunteer first responders need to access  LIHP’s financial assistance.”

LI Homes for Heroes stated: “Applicants may receive up to $26,000 in down payment assistance and $24,000 for repairs if eligible for Category I (at or below 80% of the Area Median Income) and up to $9,000 in down payment assistance and $14,000 for repairs if eligible for Category II (at or below 120% of the Area Median Income).”

LinkedIn retirement settlement payout

A LinkedIn retirement settlement will also pay out $6.75 million to resolve claims that the company violated the Employee Retirement Income Security Act (ERISA) by mismanaging its 401(k) retirement plan.

Plaintiffs eligible for free money include participants, beneficiaries, and alternate payees of the LinkedIn Corp. 401(k) Profit Sharing Plan and Trust.

Keep in mind that you must have participated in the plan between August 14, 2014, and July 1, 2020, to score the cash.

Reynolds products suit

Reynolds Products, which is the parent of Hefty, has agreed to settle the suit for $3 million.

The company also produces Great Value bags, Walmart’s brand of the product.

The suit covers 13- and 30-gallon bags from both Hefty and Great Value brands.

Those eligible can get $2 per item purchased, up to a maximum of $50 with proof of purchase.

Without proof, consumers can still get up to $12 from the settlement, according to the settlement’s website.

To file a claim and get cash, go to the settlement website to submit your information by December 13, 2023. 

CPI-E, explained

The CPI-E is a weighted average of price changes for the same set of item strata as the CPI-U and CPI-W, taken from the same sample of urban regions.

Retail establishments in the CPI are chosen for pricing based on data from a separate survey of all metropolitan residents.

What to know about CPI-U

The CPI-U is a price index that tracks the average change in prices paid by consumers for goods and services over time.

Because it covers more demographics than the CPI-W, it provides a more comprehensive assessment of price trends.

  • Clerical workers
  • Retirees
  • Self-employed professionals
  • Technical workers
  • Temporary workers
  • Wage-earners

CPI-W is similar to CPI

This kind of CPI is used by the Social Security Administration to determine inflation and apply cost-of-living adjustments to Social Security and Supplemental Security Income.

The Bureau of Labor Statistics utilizes the same processes to compute CPI-W as it does for CPI, but with elements that impact specific demographics.

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