The American Rescue Plan – How will it impact you?

So, the next (final?) round of stimulus was signed into law by President Biden. Let’s dive in. The $1.9 trillion bill called the American Rescue Plan Act of 2021 includes stimulus checks, child tax credits, jobless help, vaccine-distribution money, healthcare subsidies, and aid for struggling restaurants. What’s not inside? A higher minimum wage.  Here’s aContinue reading “The American Rescue Plan – How will it impact you?”

February Market Recap

Internet forums vs. the professionals, or revenge of the nerds Why have stocks been on such a powerful run, overcoming a dangerous pandemic that has rocked our economy? The tailwinds that have fueled the advance include low interest rates, liquidity from monthly Federal Reserve bond buys, the Fed’s owns forecast that rates will remain lowContinue reading “February Market Recap”

How to Identify and Avoid Scams

Have you been scammed before? When was the last time you received a phone call or email from a scammer? It you were contacted recently, you aren’t alone. The FBI said it recorded 467,361 complaints in 2019 and more than $3.5 billion in losses to individuals and businesses. The costliest scams involved business email compromise,Continue reading “How to Identify and Avoid Scams”

Did you hear GameStop went viral?

Here’s a quick guide to the market frenzy you’re seeing in the headlines. What is GameStop and why does everyone care? GameStop is a brick-and-mortar video game chain that hit hard times in the pandemic. Like many distressed companies, it was targeted by short sellers betting that the stock’s price would go down.1 Basically, shortContinue reading “Did you hear GameStop went viral?”

January 2021 – Q4 Market Recap

A rollercoaster year ends on a high note In terms of finance, as in so many ways, 2020 was a year none of us will ever forget. The initial outbreak of Covid and fears about its rapid spread sent stocks and Treasury bond yields plummeting in March. The broad-based S&P 500 Index lost nearly 33.9%Continue reading “January 2021 – Q4 Market Recap”

2021 Financial Goals

The year 2020 presented us with unique challenges. Never has a singular event had such wide-ranging repercussions as the Covid pandemic. It has touched nearly every area of our lives. Schooling, socializing, family gatherings, travel, and more. And the restraints from social distancing and restrictions implemented to slow the spread of Covid remain in place.Continue reading “2021 Financial Goals”

Health Insurance Open Enrollment

This time of year, many companies are going through the benefits open enrollment process, which will determine the benefits that you have during the next year.  Once open enrollment I closed you will need to have a qualifying event to make benefit changes. This is an important time to consider what type of healthcare planContinue reading “Health Insurance Open Enrollment”

IRS Outlines Changes to Health-Care Spending Rules Under CARES Act

Hi Wealth Warriors!!! This IRS update has similar content to a previous blog post that I made, but it does have some additional information. I was hoping that they would also extend the amount of time that you have to spend the FSA funds. Keep on Fighting for YOUR Wealth. The amended rules under theContinue reading “IRS Outlines Changes to Health-Care Spending Rules Under CARES Act”

CARES Act and Medical Eligible Expenses

Hi Wealth Warriors!!! I wanted to share some recent CARES Act information that hasn’t been widely publicized. The CARES Act that was recently signed into law and most of the attention has been around the stimulus payments and the support for businesses. The CARES Act also made changes to eligible expenses for the health savingsContinue reading “CARES Act and Medical Eligible Expenses”