Category: Blog Posts

The CARES Act and RMDs — What You Need to Know

The Coronavirus Aid, Relief and Economic Security Act (CARES) Act that was signed into law in late March contains a number of beneficial provisions designed to lessen the economic damage caused by the coronavirus pandemic.  One provision that hasn’t gotten as much attention as some of the others is the suspension of required minimum distributions […]

continue reading

How to Avoid Tax Consequences from College Refunds

One of the unfortunate consequences of the coronavirus pandemic was the cancellation of classes halfway through the spring semester at many colleges and universities. Many of them are now refunding a portion of students’ tuition, fees, and room and board as a result of these cancellations.  If you have received one of these refunds, you […]

continue reading

Watch Out for These 5 Coronavirus Scams

Times of crisis tend to bring out both the best and the worst in people, and the coronavirus crisis is no exception. While we’ve seen many examples of neighbors helping neighbors and even strangers helping strangers, unfortunately there has also been a sharp rise in scams designed to take advantage of the fear and uncertainty […]

continue reading

Debt Reduction Strategies — Should You Take Advantage of a 0% Balance Transfer Offer?

In a recent article we shared statistics indicating that affluent Americans are more likely to carry credit debt than Americans in the lowest income bracket. The article also shared some tips for paying down this debt if you’ve accumulated more high-interest credit card debt than you intended. One common strategy for reducing and eventually eliminating […]

continue reading

Survey: Affluent Americans Carry High Credit Card Balances

When they think of people who carry high credit card balances, many people envision lower income individuals and families living paycheck to paycheck who need to use cards to pay for everyday expenses like groceries, gas and utilities. But a new survey conducted by Bankrate Credit Cards found that this isn’t necessarily the case. According to […]

continue reading

Coronavirus Relief Legislation: What’s in the Interim Stimulus Plan?

On April 24, President Trump signed legislation that provides more federal money to help lessen the economic damage caused by the coronavirus pandemic. The Interim Stimulus Plan injects another $484 billion into the U.S. economy by amending the Coronavirus Aid, Relief and Economic Security (or CARES) Act that was signed into law in late March. […]

continue reading

Why Budgeting is Even More Important During Times of Financial Stress

One financial practice that has taken on added importance for many families impacted financially by the coronavirus crisis is household budgeting. During times of financial stress and strain, having a budget can provide a degree of certainty in the midst of the storm — even if the budget has to be adjusted to reflect new […]

continue reading

Three Things to Remember About the Coronavirus and Investing

The coronavirus pandemic has presented the most challenging environment for investors since the Great Recession more than a decade ago. The Dow Jones Industrial Average just suffered the worst first quarter in its long history, falling by 23% between January 1 and March 31, 2020, to officially enter bear market territory. Meanwhile, the S&P 500 […]

continue reading

Coronavirus Crisis and Financial Planning: The Importance of Building Emergency Savings

The coronavirus crisis is causing massive financial upheaval for many individuals and families due to job losses or severely reduced hours. Over 700,000 jobs were lost in March, according to the Department of Labor, representing the largest monthly decline in payrolls since 2009 during the Great Recession. Our current financial disruption is a good reminder […]

continue reading

What’s in the Coronavirus Stimulus Bill?

On March 27, the House of Representatives passed and President Trump signed a massive $2 trillion emergency spending bill designed to lessen the economic damage caused by the coronavirus pandemic.  The Coronavirus Aid, Relief and Economic Security Act — or the CARES Act — is the third coronavirus-related response bill to emerge from Congress since […]

continue reading

How can I get started?

contact us