Delaware EARNS Registration Deadline Approaching
Office of the State Treasurer | State Treasurer Colleen C. Davis | Date Posted: Wednesday, October 2, 2024
Early adopter of the retirement savings program shares the benefits her employees and business have already experienced. The deadline for employers to register for the Delaware EARNS program is just two weeks away. All Delaware employers are required by state law to register for Delaware EARNS by Oct. 15, 2024, if they have five or […]
Education Related Funds Awarded to Former Foster Youth
Office of the State Treasurer | State Treasurer Colleen C. Davis | Date Posted: Wednesday, September 4, 2024
Delaware Treasurer Colleen Davis has announced the distribution of this year’s Aspire529 awards. Aspire529 is a program for youth in or aging out of the foster care system to help them pay for expenses related to higher education. This year’s recipients, two from New Castle County, two from Kent, and one from Sussex plan to […]
Delaware Treasurer Colleen Davis Celebrates Inaugural ABLE Savings Day
Office of the State Treasurer | State Treasurer Colleen C. Davis | Date Posted: Wednesday, August 14, 2024
Delaware State Treasurer Colleen Davis, alongside U.S. Senators Tom Carper and Chris Coons, celebrated the first-ever ABLE Savings Day, highlighting the importance of Achieving a Better Life Experience (ABLE) accounts. This new initiative aims to boost awareness and participation in ABLE accounts, which are instrumental in enhancing financial independence for individuals with disabilities. “ABLE accounts […]
Registration is Now Open for Delaware EARNS Retirement Benefit Program
Office of the State Treasurer | State Treasurer Colleen C. Davis | Date Posted: Monday, July 1, 2024
Employer participation in Delaware EARNS is required by law for those who do not offer a qualified retirement plan. Beginning today, employer registration opens for the state’s new retirement saving program, Delaware EARNS. All Delaware employers who have five or more W-2 employees and do not offer a qualified retirement plan, such as a 401(k), […]
Safe Harbor for Financial Institutions Serving Legal Cannabis Businesses
Office of the State Treasurer | State Treasurer Colleen C. Davis | Date Posted: Wednesday, June 26, 2024
As Delaware readies for the upcoming launch of the state’s legal adult-use cannabis industry, state lawmakers approved legislation, proposed by State Treasurer Colleen Davis, providing protections for banks and other financial institutions that serve licensed marijuana businesses. Although marijuana remains illegal at the federal level, Delaware has joined many other states in legalizing it for […]
