If you are wondering What should I do with my 401(k) right now?–you aren’t alone. Millions of 401(k) investors are wondering the same thing. Recent market volatility. Economic instability. Fear of not being employed in the near future. The sense of powerlessness over this entire virus situation and your financial future. It’s very real. With… Continue reading What Should I Do with My 401(k) Right Now?
There is a lot of uncertainty with the markets, the economy, and even in our personal lives. Now more than ever, the more informed you are, the better decisions you can make for your financial future. Keep reading for the top 3 401(k) mistakes investors may not realize they’re making right now. #1 Assuming Your… Continue reading 3 401(k) Mistakes Investors May Not Realize They’re Making Right Now
Losing sleep over your finances and worried about the overall economic impact of the coronavirus? Here are 7 tips on how to manage your finances right now so you feel more in control and confident about your financial situation. #1 Reprioritize Your Spending One of the best things you can do to manage your… Continue reading 7 Tips on How to Manage Your Finances Right Now
The $2.2 trillion CARES Act signed into law March 27, 2020, did more than provide financial relief to individuals, families, and small businesses. It also contains provisions that may impact your 401(k) in 2020. Not only does the bill include changes to both defined contribution and defined benefit retirement plans, but it also changes the… Continue reading How Does the CARES Act Impact My 401(k) In 2020?
With recent market volatility and general uncertainty caused by the COVID-19 virus, we’ve received a lot of questions from people asking… Should I stop or increase my 401(k) contributions right now? I’m losing a lot of money, I’m seeing my balance go down. Should I go to cash? Should I get more conservative? Should I… Continue reading Should I Stop or Increase My 401(k) Contributions Right Now?
The IRS has announced tax deadline extensions along with their People First Initiative to help Americans with the relief they need during this COVID-19 pandemic. “The IRS is taking extraordinary steps to help the people of our country,” IRS Commissioner Chuck Rettig said in the news release. “We are temporarily adjusting our processes to help… Continue reading Important IRS Changes: Tax Relief for Americans during the Pandemic
On Friday, March 27, President Trump signed into law the largest economic relief bill in the history of our country in hopes of providing relief to individuals, families, and businesses affected by the COVID-19 pandemic. The CARES Act includes stimulus payments, additional healthcare funding, loans and grants to businesses to deter layoffs, and strengthened unemployment… Continue reading Stimulus Checks: How Much Americans Can Expect to Get
From funding your retirement accounts to taking care of taxes, there’s a lot you can do in the second quarter to make sure you’re financially on track. Yes, even in the middle of the COVID-19 crisis. Keep reading for 10 personal finance tips for second quarter. #1 Review Your Goals, Budget, and Cash Flow … Continue reading 10 Personal Finance Tips for Second Quarter
Social distancing. Self-quarantine. Shelter in place. The new norm…for a while at least. We’re all stuck at home for the near future. If you’re worried about how to keep sane during this pandemic, you aren’t alone. After all, there’s only so much binging Netflix or Amazon Prime we can do before we get cabin fever. … Continue reading 21 Ways to Keep Sane during This Pandemic
On Wednesday, March 18, the Senate passed the Families First Coronavirus Response Act (H.R.6201). This is Phase 2 of a four-part stimulus package aimed to provide relief to Americans as the COVID-19 virus continues to wreak havoc on our lives and our economy. To recap, Phase 1, otherwise known as the Coronavirus Preparedness and Response… Continue reading Families First Coronavirus Response Act (the FACTS)
