President Joe Biden is hitting the ground running, reflecting the myriad problems he faces as his tenure begins. Such difficulties are headlined by the staggering toll from COVID-19, the need to get Americans vaccinated, efforts to put a struggling economy back on track, and attempts to get stimulus payments and pandemic relief to financially strapped individuals and families.
The year 2020 was unprecedented for so many reasons—all because of the COVID-19 pandemic. Many suffered from job losses, had to juggle childcare while working from home, and tried to keep their small businesses open with few resources.
Are you anxious about rising higher education costs?
President Biden faces daunting challenges as he begins his term. First, there is the need to address the sharp divisions that weigh on our country, spotlighted by the former President’s second impeachment trial. Second, there is the fight against COVID-19. That disease has claimed more than 400,000 U.S.
Things are changing in Washington. First, Joseph R. Biden, Jr. has become President of the United States, after a bitter election and a tense aftermath. Then, there is the shift in Congress, where the Democrats hold a slim edge in the House of Representatives, and following victories in the Georgia runoffs, narrow control of the Senate.
If you have a child graduating from high school or college and entering the workforce, they may have the opportunity to open up a 401(k) through their new employer. In some cases, that employer will also offer matching contribution funds up to a certain percentage.
2020 was a year for the history books! To recap, after a dreary 2018, in which an already extended stock market (burdened as well by greater monetary restraint on the part of the Federal Reserve), saw some entirely reasonable profit taking, equities took off in 2019. In all, they soared to record highs and promised more of the same in 2020.
If you and your spouse are making plans to retire, you’re probably wondering whether it’s a good idea to retire at the same time.
The economy is likely to weaken further as 2021 begins. Specifically, GDP growth, which could slow to 3%-5% in the now-ending period, might then ease to 1%-3%—or less—in next year’s initial quarter. And even that listless showing assumes a COVID- 19 relief package will pass the Congress.
Paying fees for professional investment management is something we’d all like to avoid. Why pay for some guy in a suit to manage your investments when you can do-it-yourself with a simple online brokerage account? There are many reasons to trust a professional - read on to find out whether it’s worth it to go with the pros.
Active vs. Passive
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