Coronavirus Vaccines and the Economy
Hopeful markets react. Provided by Marc Aarons As the United States sees a rise in cases of COVID-19 across the nation, news of two promising vaccines out of hundreds being tested has offered a ray of hope for a fatigued world.1 A positive reaction to these vaccines affects every aspect of human life, including the financial […]
Interest Rates and Your Mortgage
What you need to know. Provided by Marc Aarons With the Federal Reserve keeping interest rates at or near zero, you may wonder about your mortgage. Is it a good time to refinance or even pay off the debt entirely? After all, your mortgage is one of the biggest expenses you may have in life, […]
Long-Term Rates Are Creeping Higher
What’s fueling the rally? Provided by Marc Aarons With all the election chatter and stock market volatility, it may have been easy to miss the ongoing uptrend in long-term interest rates. The yield on the 10-year Treasury bond is sitting just below 1%. Just a few short months ago, the 10-year was yielding roughly 0.5%.1 […]
How and When to Sign Up for Medicare
Breaking down the enrollment periods and eligibility. Provided by Marc Aarons Medicare enrollment is automatic for some. For those receiving Social Security benefits, the coverage starts on the first day of the month you turn 65.1 If you are not receiving Social Security benefits at 65, you may be delaying until you reach full retirement […]
Managing Money as a Couple
What are the keys to prepare to grow wealthy together? Provided by Marc Aarons When you marry or simply share a household with someone, your financial life changes—and your approach to managing your money may change as well. The good news is that it is usually not so difficult. At some point, you will have […]
Robo-Advisors vs. Human Financial Professionals
If an investor chooses a non-human financial advisor, what price could they end up paying? Provided by Marc Aarons Investors have a choice today that they did not have a decade ago. They can seek investing and retirement guidance from a human financial professional or put their invested assets in the hands of a robo-advisor. […]
The Social Security Administration Announces 2021 COLA
What you should know about the most recent cost-of-living adjustment. Provided by Marc Aarons On October 13, 2020, the Social Security Administration (SSA) officially announced that Social Security recipients will receive a 1.3 percent cost-of-living adjustment (COLA) for 2021. This adjustment will begin with benefits payable to more than 64 million Social Security beneficiaries in […]
How Medigap Choices Have Changed
What you need to know about Plan F and Plan G. Provided by Marc Aarons As many may recall, seniors who previously enrolled in Medicare are facing some changes. Medigap Plan F might not be sold after 2020 and Medigap Plan G will be undergoing some changes.1 These changes only impact new Medicare enrollees, however. […]
FAFSA Applications Are Now Open
Federal Student Aid opportunities are often first-come, first-served. Provided by Marc Aarons Applications for the Free Application for Federal Student Aid (FAFSA) are now open for the academic year 2021-22. Applying for the FAFSA allows you to qualify for grants, scholarships, and other federally sourced aid, such as work-study or student loans. The applications opened […]
End-of-the-Year Money Moves
Here are some things you might consider before saying goodbye to 2020. Provided by Marc Aarons What has changed for you in 2020? For many, this year has been as complicated as learning a new dance. Did you start a new job or leave a job behind? That’s one step. Did you retire? There’s another […]