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% […]

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 […]

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 […]

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 […]

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. […]

A few things you may want to think about before filing for benefits. Provided by Marc Aarons Whether you want to leave work at 62, 67, or 72, claiming the retirement benefits you are entitled to by federal law is no casual decision. You will want to consider a few key factors first. How long […]

The SECURE Act and CARES Act may complicate the decision. Provided by Marc Aarons As a small-business owner, figuring out retirement choices can be a little intimidating. How do you pick the most appropriate retirement plan for your business as well as your employees? There are three main types of retirement plans for small businesses: […]

Exploring your extended care options may be wise at this time. Provided by Marc Aarons Given the threat of COVID-19, seniors today may be considering their extended care alternatives with extra caution.1 In addition to health factors, the cost can be an issue. According to Genworth’s 2020 Cost of Care Survey, the median annual cost […]

There are benefits and limitations when you decide to donate stock. Provided by Marc Aarons Why sell shares when you can gift them? If you have appreciated stocks in your portfolio, you might want to consider donating those shares to charity rather than selling them. Why, exactly? Donating appreciated securities to a tax-exempt charity may […]

Should you withdraw and reinvest your retirement plan money while you are still on the job? Provided by Marc Aarons Did you know you might be able to take some or all of the money in your 401(k), 403(b), or 457 plan and roll it over into another type of retirement account? Were you aware […]