Keep up with the latest news from The RLJ Companies.
BET FOUNDER BOB JOHNSON JOINS WITH THE THREE LARGEST 401(k) RECORD KEEPERS TO SAVE $619 BILLION IN RETIREMENT INCOME FOR BLACK AMERICAN WORKERS OVER A GENERATION BY ELIMINATING EARLY CASH OUTS OF 401(k) FUNDS
Fidelity, Vanguard, Alight, and Retirement Clearinghouse Establish First-Ever Industry Consortium to Help Improve Retirement Outcomes of America’s Under-Served Minority and Under-Saved Workers
Retirement Clearinghouse teams up with 401(k) recordkeepers for under-served retirement savers
Robert Johnson: Access to capital for Black Americans is more pressing than voting rights
ROBERT JOHNSON, FOUNDER OF BET AND THE RLJ COMPANIES, PROPOSES ENACTMENT OF $30 BILLION TAX INCENTIVE LEGISLATION TO PROVIDE PREFERENTIAL TAX TREATMENT TO INVESTORS WHO INVEST IN BUSINESSES OWNED BY BLACK AMERICANS AND OTHER MINORITIES
The tax proposal – called the BOOST Act -- would allow investors to be eligible for preferential tax treatment on gains realized from their investments and thereby stimulate the flow of capital to historically undercapitalized business.