Bill would help military spouses save for retirement
April 24, 2021 GMT
CONCORD, N.H. (AP) US. Sens. Maggie Hassan of New Hampshire and Susan Collins of Maine are part of a group that’s introduced a bill that would help spouses of active duty military service members save for retirement by expanding access to employer-sponsored retirement plans.
“Given how frequently many military families move in service to our country, saving for retirement can often be a difficult task,” Hassan, a Democrat, said in a statement Wednesday.
Under the bill, businesses with 100 employees or fewer would be eligible for a tax credit of up to $500 per year per military spouse. The credit would be available for three years per spouse.
Drilling rig at construction site tips, falls into river
April 22, 2021 GMT
PETERBOROUGH, N.H. (AP) A drilling rig operating at a construction site in Peterborough, New Hampshire, tipped over and fell into the Contoocook River, town officials said Thursday.
The rig was working at the retaining wall part of a bridge project at U.S. Route 202. Town officials posted on Facebook that a small amount of fuel leaked, but it was quickly contained, and the Department of Environmental Services has been notified. “Removal is expected to take considerable time,” the post said. “Given that large equipment will be required for removal, there are likely to be additional road closures in the near future. The town will be updating the community as plans are developed.”