The IRS tax deadline is just days away. Typically April 15 every year, the new deadline for filing is July 15, 2020. In addition to the filing extension, the IRS extended other important deadlines back in March as part of their People First Initiative, with the goal of providing Americans with relief due to the… Continue reading Important IRS Filing and Tax Deadlines Due This Week
The sad truth is that many people do not take online fraud prevention tips seriously until after they have been a victim. No one wants their identity stolen or their bank account hacked. But it’s happening more and more every day. According to the Insurance Information Institute (III), “In 2020 through April 10, the ITRC… Continue reading 14 Online Fraud Prevention Tips
Grilling out, playing yard games, and watching fireworks are activities we look forward to on the 4th of July. While many of the 2020 firework celebrations have been canceled–the 4th of July isn’t. We’ve been celebrating our great nation’s Independence Day since 1776, and we aren’t stopping this year. Our celebrations this year may be… Continue reading 10 Unusual Facts about the 4th of July
To say 2020 has been an eventful year is an understatement. While the economic situation is uncertain, there is a silver lining in all of this: it is forcing many Americans to rethink how they manage their finances. Whatever your current employment and financial situation, there are actions you can do today that may protect… Continue reading 6 Financial Tips for Third Quarter 2020
Restrictions on 401(k) loans and 401(k) withdrawals have recently been loosened for investors looking to tap into their retirement savings to get by right now. Before making a move, it’s important to know the difference between a 401(k) loan and 401(k) withdrawal, and fully understand the consequences of dipping into your retirement savings earlier than… Continue reading What’s the Difference between a 401(k) Loan and 401(k) Withdrawal?
If you’re looking for a way to boost 401(k) returns in 2020, rebalancing may help you do just that. Rebalancing is the process of realigning the weightings of the assets (your investments) in the portfolio to stay in line with your risk tolerance and your timeline for retirement. This can involve periodically buying and/or selling… Continue reading How Rebalancing May Boost 401(k) Returns in 2020
To say 2020 has been challenging for many Americans is an understatement. The financial strain and uncertainty have left many of us feeling uneasy about our retirement accounts. Keep reading for 3 ways to reduce retirement savings stress right now. #1 Plan for Retirement If you don’t have a clear path to where you want… Continue reading 3 Ways to Reduce Retirement Savings Stress Right Now
Times like this test us as investors, and we’re left wondering, How do I protect my 401(k)? The events in the past few weeks have left many of us soul-searching about what we should be doing with our finances to try to recover as best we can from the fastest 30% sell-off in stock market… Continue reading What’s the #1 Thing I Can Do Right Now That May Protect My 401(k)?
With the current economic situation, many Americans are feeling anxious and worried about their finances. No matter your situation, there are things you can do right now to reduce financial stress. doxoINSIGHTS COVID-19 Impact Report, published early May 2020, gives us a pretty good idea of the economic impact this virus has taken on Americans.¹… Continue reading 5 Ways to Reduce Financial Stress Right Now
If you’re thinking about making a 401(k) withdrawal right now to help make ends meet or have extra cash on hand, you’re not alone. In fact. According to MassMutual, 55% of Americans are rethinking their retirement savings plans.¹ Before you touch your 401(k), we encourage you to think twice and educate yourself on the possible… Continue reading Think Twice before Making a 401(k) Withdrawal Right Now
