3 Financial Developments To Be Thankful For In 2020

3 Financial Developments To Be Thankful For In 2020

This year has been a rollercoaster ride. COVID has dominated the headlines and impacted every aspect of our lives. It has shut down businesses, schools, and workplaces. It’s changed the way we interact and socialize. And of course, it has deeply impacted the economy...
October Recap: Markets Stumble But GDP Surges

October Recap: Markets Stumble But GDP Surges

The recovery in the financial markets hit some turbulence in October, as investors wrestled with anxiety about increasing COVID cases. However, a surge in gross domestic product (GDP) in the third quarter may signal that the economy is on the rebound.1 Through October...
What’s Next for a COVID-19 Economy?

What’s Next for a COVID-19 Economy?

The economic fallout from the coronavirus pandemic continues, even as states start to reopen restaurants, retail stores, and other businesses. The crisis brought an end to the bull market that started in 2009 and threatens to usher in a recession.1 What does the...
Are “Penalty-Free” 401k Withdrawals Free?

Are “Penalty-Free” 401k Withdrawals Free?

On March 27, 2020, the government passed the Coronavirus Aid, Relief, and Economic Security Act, otherwise known as the CARES Act. The CARES Act had a wide range of provisions to provide Americans and small businesses with economic support during the coronavirus...
What Do Zero-Percent Interest Rates Mean for You?

What Do Zero-Percent Interest Rates Mean for You?

The coronavirus pandemic has launched the country, and the world, into uncharted territory. In much of the world, society is essentially shut down. Schools and large events are closed. People are staying in their homes. Businesses have effectively closed across the...
Should You Leave Money in Your 401(k)?

Should You Leave Money in Your 401(k)?

There’s a growing trend among new retirees. With increasing frequency, Americans are choosing to leave their retirement savings. According to data from Fidelity, 55% of workers leave their retirement savings in their former employer’s 401(k) plan for a full year after...