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Month: August 2024

Sensors can read your sweat and predict overheating. Here’s why privacy advocates care

Sensors can read your sweat and predict overheating. Here’s why privacy advocates care

By CATHY BUSSEWITZ, AP Business Writer

On a hot summer day in Oak Ridge, Tennessee, dozens of men removed pipes, asbestos and hazardous waste while working to decontaminate a nuclear facility and prepare it for demolition.

Dressed in head-to-toe coveralls and fitted with respirators, the crew members toiling in a building without power had no obvious respite from the heat. Instead, they wore armbands that recorded their heart rates, movements and exertion levels for signs of heat stress.

Stephanie Miller, a safety and health manager for a U.S. government contractor doing cleanup work at the Oak Ridge National Laboratory, watched a computer screen nearby. A color-coding system with little bubbles showing each worker’s physiological data alerted her if anyone was in danger of overheating.

“Heat is one of the greatest risks that we have in this work, even though we deal with high radiation, hazardous chemicals and heavy metals,” Miller said.

As the world experiences more record high temperatures, employers are exploring wearable technologies to keep workers safe. New devices collect biometric data to estimate core body temperature – an elevated one is a symptom of heat exhaustion – and prompt workers to take cool-down breaks. read more

Inherited 401(k) rules: What beneficiaries need to know

Inherited 401(k) rules: What beneficiaries need to know

Karen Roberts | (TNS) Bankrate.com

If a loved one has named you as a beneficiary of their 401(k), knowing how to make the best use of the bequest is another way to honor them. How to best use an inherited 401(k) depends on a number of factors — first and foremost your relationship with the primary account holder.

Here are the key rules to know when inheriting a 401(k) and how to avoid some major penalties.

What is an inherited 401(k)?

A 401(k) is an employer-sponsored retirement plan that workers can contribute to during their working life. If there’s money left in the account, it can be passed on to heirs, and you can inherit a 401(k) directly from a spouse or any account holder who has listed you as a primary beneficiary or a contingent beneficiary on the account. If listed as a contingent beneficiary, you would inherit the 401(k) if the primary beneficiary has passed away or cannot be located.

This article does not address options for heirs who end up with a retirement account as a result of asset distribution through probate, as different rules apply. read more

F&I revenue still possible as leasing returns

F&I revenue still possible as leasing returns

As leasing grows across the country, car dealership finance managers might have a harder time hitting the kind of F&I gross profit per vehicle seen during the inventory shortage. But there’s still an opportunity for the finance and insurance office, experts said.