Posts in Financial Articles

The Cost of Medical Care

The expense of insuring yourself may be minor compared to the price of surgeries and procedures.  Provided by Marc Aarons When uninsured people end up in the hospital, “sticker shock” can follow. Just a quick look at the current prices for medical procedures can be sobering. How much does a CT scan cost? Between $250 […]

Will Political Changes Affect the Economy?

Election years cause some anxiety. Provided by Marc Aarons  With all of the storm and stress of the year 2020, you’d be forgiven if you momentarily forgot that we’re due for another national election in November. Many states will be selecting governors, representatives, and senators, while the country itself will be voting in the presidential […]

The I.R.S. Has Enhanced the 2020 RMD Waivers

Investors may be eligible to “undo” certain retirement account withdrawals before September.  Provided by Marc Aarons  In March, the Coronavirus Aid, Relief, and Economic Security (CARES) Act became law. It was designed to help Americans impacted by the COVID-19 pandemic.1 The new law offered investors a financial break. It gave people the option to skip […]

Keep an Eye on Buying & Selling by Corporate Executives

A look at “insider” trading. Provided by Marc Aarons To some, the buying and selling of a company’s stock by corporate officers and directors can be an indicator of Wall Street sentiment. In July 2020, the ratio of companies with executive buying compared with executive selling touched 0.27 – the lowest level in nearly 20 […]

Starting a Roth IRA for a Teen

This early financial decision could prove helpful over time. Provided by Marc Aarons Want to give your child or grandchild a great financial start? A Roth IRA might be a choice to consider. There are many reasons why starting a Roth IRA for a teenager may be a sound financial strategy. Read on to learn […]

Should You Consider Refinancing Your Mortgage?

Market sees historic lows in mortgage rates.  Provided by Marc Aarons  On July 16, mortgage giant Freddie Mac announced that the average interest rate for a 30-year home loan had fallen to 2.98%. In addition, the average interest rate for a 15-year home loan had declined to 2.48%.1 A 30-year mortgage at less than 3% […]

What Is Earnings Season?

Financial results are reported each quarter.  Provided by Marc Aarons Every few months, you may hear the phrase “we’re entering earnings season” as you read financial news. But what exactly is “earnings season” and why is it important to Wall Street? Earnings season is the period of time when a majority of publicly traded companies […]

What Determines Car Insurance Rates?

Driver history is just one factor; there are many others. Provided by Marc Aarons Your auto insurance premium is based on more than your driving history. The amount you pay for auto insurance is determined by a complicated algorithm that takes many factors into consideration. Your driving history is just one variable used to calculate […]

College Funding Options

You can plan to meet the costs through a variety of methods. Provided by Marc Aarons How can you cover your child’s future college costs? Saving early (and often) may be key for most families. Here are some college savings vehicles to consider. 529 college savings plans. Offered by states and some educational institutions, these […]

Who Is Your Trusted Contact?

This vital investment account question should be answered sooner rather than later. Provided by Marc Aarons Investment firms have a new client service requirement. They must now ask you if you would like to provide the name and information of a trusted contact.1 You do not have to supply this information, but it is encouraged. […]

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