The Support that George Soros offers to Discriminated People

George Soros is an individual who has gained global recognition due to his active participation in philanthropy and the political contribution that he makes. He is also among the wealthiest people in the United States and has accumulated his fortune from currency speculation and the hedge fund sector. The billionaire believes that communities across the world are facing several problems that can be solved by ensuring that there is justice, equality, transparency, and accountability in governments. He has offered about $2 billion to facilitate charity work and the ideologies that he believes in. Soros has made significant efforts to ensure that all communities across the world live a better life.

The businessman is a Jew, and he was born in Hungary in an era when the region was in wars. The Second World War had an adverse impact on the lives of his community. The natives of Hungary did not like the Jews, and they started the Nazi Occupation in 1944 to eliminate them. The war lasted until 1945, and over 500,000 lives were lost. The movement was deadly, and therefore, Soros and his family acquired fake identities to help them survive the mass murder.

Soros has always been passionate about succeeding in the finance industry, and he traveled to the United Kingdom in 1947 to pursue his dreams. The London School of Economics admitted him to study finance. During his time at the learning institutions, George’s ideologies were substantially transformed by Karl Popper, who was among the country’s leading philosophy professors. He got his first finance job in New York and later founded a hedge fund enterprise that is called Soros Fund Management. The company has succeeded in its business. It generates a lot of revenue every year. Know more on businessinsider.com about George Soros.

Soros has been supported many people and communities since he started taking part in charity work. He created the Open Society Foundation in the late 1970s, and the organization manages all his charity undertakings. It has been working to better the living conditions of marginalized communities for the past four decades. The nonprofit is devoted to acting as a voice of the people who cannot speak for themselves. It has strived to ensure the governments do not oppress the citizens that they lead. Know more about George Soros on CNBC.

The billionaire has made efforts to ensure that young people from poor backgrounds have a decent education. His foundation has channeled millions of dollars towards scholarships. In 1970, George Soros assisted black youths in South Africa to attend universities and have an education that could empower them. The young people later returned to their country and helped in fighting against the apartheid rule that discriminated blacks. The Democratic Party acknowledges George Soros for the financial support that he has offers towards its campaigns.

Why pensioners aren’t receiving the Social Security Benefits that they expected

A recent study conducted among people who have reached retirement age showed that more than a third of them are receiving a smaller amount than what they expected in social security benefits on about.me. Even more worrying is the fact that 86 percent of the total sample of the population questioned did not have any idea about the factors that determine the amount they receive as social security. David Giertz, one of the most respected financial advisors and the senior vice president of the Nationwide Financial Distributors, states that it is critical for advisors to speak to their clients about their social security benefits.

When asked why advisors were not talking to their customers about social security at https://soundcloud.com/davidgiertz, he stated that it is a very complex topic to tackle. One of the major issues that advisors have is that 2700 rules govern the way social security is administered and this might feel a little tedious for some customers.

However, he noted on moneytips.com that according to their research, 4 out of 5 of the clients interviewed said they would change their advisor if he were not talking to them about social security benefits.

Read more: These big mistakes will result in smaller Social Security checks

The other thing that David Giertz noted is that people start cashing in on their benefits too early which lead to losses of close to $300,000 over a period of 25 years, which translates to about $12,000 each year.

About David Giertz

David Giertz is the current Senior Vice President of the Nationwide Financial Distributors. He has been in the industry for 31 years and had a lot of experience in the field. David has been the senior vice president at this company for the past four years. Before the current appointment, he worked as a president, senior vice president and director to other nationwide companies. Giertz was also the Vice President-NF sales at Bank Channel between 2005 and 2009. He operates from Columbus Ohio.