Indonesia’s volcano spews ash, gas; 1 dead, dozens hurt

The highest volcano on Indonesia’s most densely populated island of Java spewed thick columns of ash, searing gas and lava down its slopes in a sudden eruption triggered by heavy rains on Saturday.

Martha Stewart confirms she is dating someone, but won't say who: 'I'm not going to tell'

Martha Stewart has confirmed she is dating, however the celebrity chef did not reveal who the mystery man is.

If Roe v. Wade is overturned, here's what happens

If it overturns Roe v. Wade, the Supreme Court would unleash a series of state-level legislative battles and fuel heated public debate

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How to Use Retirement Plan Financing to Recession Proof Your Business and Beat Inflation

Hard times are on the way. All you have to do is turn on the television to see it. Prices are rising and so are interest rates. The key to surviving inflation and recession is to be prepared. This means anticipating cash needs and having the funds available before things get bad. If you need financing, don’t wait. One great option is retirement plan financing.

Retirement Plan Financing and Other Funding Options

There are a number of options. Loans, lines of credit, and credit cards are all possibilities, but there are other options that may be even better. In fact, one specific option is available to some regardless of credit, and it’s interest-free.

Retirement Plan Financing

First, retirement plan financing is not a loan from your retirement funds. So, you will not have to pay an early withdrawal fee or pay a tax penalty.  Even better, there will not be any interest.

Credit Suite offers a powerful and flexible way for new or existing businesses to use retirement funds. In as little as three weeks you can access money for your business. Then, not only will you have more control over the performance of your retirement assets, but you will get the working capital you need for business growth.

Learn business loan secrets and get money for your business.

This Rollover for Working Capital program is known by the IRS as a Rollover for Business Startups (ROBS). According to the IRS, a ROBS qualified plan is a separate entity with its own set of requirements. The plan owns the business, not an individual.

Some necessary IRS forms for a ROBS plan are Form 5500 or 5500-EZ and/or Form 1120.

Do You Qualify?

There is no need for financials or good credit to get approval. All the lender needs is a copy of your two most recent retirement fund statements. Also, the plan has to have a value of more than $35,000. If it does, you can receive whatever percent of your plan is “rollable” as financing.

In addition, the plan cannot be from a business where you are currently employed. It has to be from previous employment and you cannot be currently contributing to it.

Learn business loan secrets and get money for your business.

Lenders are not basing approval decisions on creditworthiness. They just need to see that the plan qualifies. As a result, this program is perfect for business owners with credit issues.

How Does Retirement Plan Financing Work?

You’ll set up a plan for your company and invest it in that company. Then, your business becomes cash rich and debt-free. However, you do need to work with a CPA. They can help handle things properly.

Why is This Better than a Distribution or Loan from Retirement Funds?

Unless you’re 59 ½ years old or older, you will pay an early withdrawal penalty for a distribution. This is basically paying to use your own money! Don’t do that.

If your plan allows for loans, the IRS will only let you borrow up to 50%, up to $50,000. After that you have to start paying taxes. Of course with a loan, you’ll also pay interest.

Inflation and Recession Planning

If you have eligible retirement funds, you need to take advantage of this type of program now. We are already seeing the effects of inflation, including an increase in social security checks to account for rising prices. Recession is most definitely on the way.

Learn business loan secrets and get money for your business.

If you have these funds on hand and available to use, you will be able to absorb increasing costs more easily. You’ll also avoid the difficulty that comes with trying to access financing during a recession. When prices and interest rates rise, you’ll be ready.

Credit Suite Is Here to Help

Not only can Credit Suite help you set up your retirement plan financing, but our business credit specialists can help you find other ways to fund your business. We can help you assess what types of funding you are eligible for, and guide you to the steps you need to take to qualify for more. Set yourself up for success despite what the economy brings.

The post How to Use Retirement Plan Financing to Recession Proof Your Business and Beat Inflation appeared first on Credit Suite.

UM to wear jersey patch honoring Oxford victims

Michigan will wear a special patch in the Big Ten title game on Saturday to honor the four Oxford High School students who were killed in this week’s shooting.

The post UM to wear jersey patch honoring Oxford victims appeared first on Buy It At A Bargain – Deals And Reviews.

New comment by typeof_object in "Ask HN: Who is hiring? (December 2021)"

Polymer Capital Management | Software Developer | Onsite (Flexible WFH) | Full-Time | Visa Transfer Only | Shanghai, Taipei, Hong Kong | https://www.polymercapital.com

Polymer Capital Management is an Asia-focused private asset manager for institutional investors. Our headquarter is in Hong Kong, with offices across Asia.

I’m representing the Risk & Quant Analytics department here, our projects cover risk analytics, quant research, program trading, and streamline/automate daily operation (including middle office, compliance, trading desk, etc.). That’s a lot of topics to cover, so we are investing tons of resources in technology, and continuously hiring developers.

Our organization is flat, we follow Agile & DevOps best practices, developers are expected to be self-managed, curious, and proactive.

Our infrastructure is cloud based, AWS & GCP, with a mix of kubernetes & serverless setup.

Our major languages are C# (Backbone), JavaScript/TypeScript (Front-End, Serverless), Python (Data Science).

We want developers with good coding practices (unit tests, test-driven, CI/CD, infra as code), different industry backgrounds (tell me the unique technical challenges you tackled in your fields), not limited to financial background (you will learn all the math, statistical and financial knowledge in no time).

Since we expect developers to cover projects end-to-end, we don’t prefer developers who only want to do a single section, like front-end or back-end; who are not able to communicate in English, since you need to face users and discuss solutions with fellow developers (if you are really good, limited capability is acceptable)

Apply: Email HumanCapital at polymercapital dot com copy cfang at polymercapital dot com

New comment by hkbockster in "Ask HN: Who is hiring? (December 2021)"

Sericin Limited | Senior Software Engineer | Hong Kong & +/-3hours | Full Time | https://sericin.net/

Apply to: careers@sericin.net

We are looking for full time Junior and Senior Developers to help us architect, engineer, integrate, deploy and improve a state-of-the-art leasing and asset management platform for landlords that own office buildings and shopping malls on ‘High Street’ in the world’s biggest metropoles.

Responsibilities: You are going to help us build a world-class SaaS-platform from the ground up, that allows landlords to navigate from their computer screen legal risks and valuation implications buried inside contract language, in a way the market never thought possible.

Requirements: The most important characteristic we’re after is that you are a technologist – or however you self-identify your passion for developing and building technology that provides real commercial results – and are keen on participating in a pleasant and high functioning team. You don’t have to know everything, but you do have to have the potential to learn anything quickly and you should know a lot about of the following disciplines: ● Cloud native development and deployment ● Full-stack development with excellent knowledge of backend technologies ● Knowledge of databases (noSQL and SQL) ● Modern Programming Languages like Java, Python, Javascript/nodeJS and a frontend framework (Vue.JS or React.JS)

Ultimately, you’ll be excited about being at the inception of a high-performance environment, and you’ll enjoy being pushed technically and organizationally to do things ‘the right way’ as part of the core team that is building a world-class product.

So, if you are someone who… ● enjoys UX / user-centric design and product delivery, ● is pragmatic and commercial, but never settles for mediocrity, ● values flexibility, but wants to have ownership of your tasks, ● gains satisfaction from solving puzzles and logic problems, ● likes communicating what you’ve discovered to your colleagues and customers in plain English, rather than encrypted acronyms, ● would enjoy a paid 2-week bonus Christmas break upon successful product launch and client acquisition, and ● is excited about building a product that marries ease of use with expert features to re-invent an ancient market, … we think you should get in touch, because you would be a great addition to our team!

UM to wear jersey patch honoring Oxford victims

Michigan will wear a special patch in the Big Ten title game on Saturday to honor the four Oxford High School students who were killed in this week’s shooting. The post UM to wear jersey patch honoring Oxford victims appeared first on Buy It At A Bargain – Deals And Reviews.

CoinTracker (YC W18) is hiring a Growth Engineer to help people build wealth

Article URL: https://jobs.ashbyhq.com/cointracker/200dde3e-e295-40ab-a17f-4c2b636fb217 Comments URL: https://news.ycombinator.com/item?id=29415064 Points: 1 # Comments: 0

Miso (YC S16) Is Hiring in Seoul, Korea

Article URL: https://www.workatastartup.com/companies/miso

Comments URL: https://news.ycombinator.com/item?id=29412596

Points: 1

# Comments: 0