🖨 Print⏱ 3 min readThat year or two when you are closing in on your retirement date, followed by a year or two after you retire, are the worst times for a sustained market decline. Market analysts call this scenario the sequence of returns (SOR) risk – because once your principal has been significantly reduced, … Continue reading “Why Sequence of Returns Risk Matters Now”
🖨 Print⏱ 3 min readPaycheck Protection Program and Health Care Enhancement Act (HR 266) – This is a multilayered legislative bill divided into four distinct sections. Phase 1 authorized funding for coronavirus preparedness and response; specifically, for measures such as vaccine development and public health funding. Most of the money was allocated to the Department … Continue reading “In the Wake of the Coronavirus Pandemic, Congress Passes the Most Expensive Single Spending Bill in American History”
🖨 Print⏱ 2 min read The first Payroll Protection Program (PPP) loans were made over eight weeks ago, which means they may be forgivable if the guidelines set forth by the Small Business Administration (SBA) and the United States Treasury Department are met. In order to have a loan forgiven, borrowers need to complete the … Continue reading “Payroll Protection Program Loan Forgiveness is Here”
🖨 Print⏱ 4 min readAfter seeing a peak and then a sustained decline in coronavirus cases, hospitalizations, and deaths resulting from COVID-19, the White House and the Centers for Disease Control and Prevention has rolled out a three-tier approach to get the nation back to its pre-coronavirus economic activities. While this program is led by … Continue reading “Understanding the Federal Government’s Proposal for Opening Up Again”
🖨 Print⏱ 4 min readMost states are starting to relax stay-at-home restrictions. As such, businesses are developing plans for bringing employees back to work. Many businesses are already affected by the pandemic and their future looks grim. Specifically, we are going to look at the IT sector and examine what spending might look like in … Continue reading “How IT Spending Will Change When Business Resumes”
🖨 Print⏱ 3 min readThe CARES Act stimulus package substantially relaxed the rules around certain retirement account loan and distribution requirements, but with much confusion. As a result, the IRS recently put out a FAQ document to address the COVID-19 rule relaxation around IRA and 401(k) loans and distributions. This important information should come as … Continue reading “IRS Questions and Answers on COVID-19 IRA and 401(k) Loans & Distributions”
🖨 Print⏱ 4 min readDue to the unprecedented effects of COVID-19, the line between our professional and personal lives has blurred. Trying to take care of job responsibilities from home requires new ways of navigating. Here are a few ideas to help you become more productive while working at home – and stay grounded in … Continue reading “How to Stay Productive When Working from Home”
🖨 Print⏱ 4 min readWith the coronavirus spreading across the globe, catching individuals and governments off guard, business owners have not fared any better. While the virus is having a grave impact on the health of millions across the globe, businesses have seen an equally serious impact on their bottom line. The virus is projected … Continue reading “COVID-19 Recovery Responses are Crucial for Companies to Thrive in the Future”
🖨 Print⏱ 5 min readWith the CARES Act (Coronavirus Aid, Relief and Economic Security) signed into law by President Trump on March 27, this set into motion major initiatives by the U.S. government in response to the coronavirus’ economic impact. This Act provides $2 trillion in financial aid to the nation, in big part to … Continue reading “How Will U.S. Employment Figures, Coronavirus Impact Job Markets?”
🖨 Print⏱ 4 min readThe third decade of the 21st century started out with a vigorous economy, record low unemployment levels, and benign inflation. But late in the first quarter over the span of two weeks, investors faced the fastest stock market correction in history. With an unpredictable assailant like a global virus, short-term actions … Continue reading “Prospects for Investing in the 2020s”
