In Coronavirus Economy, Financial Advisers Telling Clients These Three Key Things

As millions of Americans struggle to adjust to a “new normal,” it is no surprise that many are checking on 401(k) balances, investments, and portfolios. To calm fears amid the current market climate, here are three pieces of advice that some advisers are sharing with clients. CLICK ON THE HEADLINE FOR MORE

Two Financial Lessons We Should All Learn From The Pandemic

Researchers and experts have pointed out financial issues to Americans consistently for decades. What makes these two lessons particularly potent now is their urgency and the unique opportunity provided by the Coronavirus pandemic to act on them and reduce financial vulnerability. CLICK ON THE HEADLINE FOR MORE

Thinking of Raiding Your Retirement Plan Because of COVID-19? Here Are 3 Reasons You Shouldn’t.

Under the CARES Act, you can now withdraw up to $100,000 from your retirement plan penalty-free if you've been negatively affected by COVID-19. But here are three reasons it's unwise to go that route. CLICK ON THE HEADLINE FOR MORE

Three Coronavirus Budgeting Changes You Should Make Permanent

People who had stable sources of income just a couple of months ago are now wondering how they're going to pay their bills, even with help from unemployment and a government stimulus check. For three budgeting changes you may have made recently and recommended to continue, CLICK ON THE HEADLINE

5 Personal Finance Tips For Uncertain Times

After taking stock of your immediate needs, add some financially minded tasks to your to-do list. CLICK ON THE HEADLINE FOR MOE

Here’s A Silver Lining To Coronavirus, And It Could Put Money In Your Pocket

The burning desire to redo mortgages had already been high since the first of the year, as falling interest rates moved them to revise their repayment terms — downward. Now, the Federal Reserve just announced an emergency interest rate cut designed to curb the economic damage from the burgeoning coronavirus. CLICK ON THE HEADLINE FOR MORE