Blog & Helpful Articles

Most recent items are posted below. Please use our 'Categories' menu to find more helpful resources by topic.

David Morgan on Planning for the Future Podcast

28th Apr, 2020

by

off

David Morgan joins Planning for the Future Podcast to discuss staying safe in these financial times

In this insightful interview David discusses REAP’s unique take on your long term planning and financial future. The Days of “use it or lose it” are long gone and David talks about ways for you to take advantage of these programs and how to do a full financial MRI to make sure you are financially healthy. For the original…

6 Steps to Weathering a Recession

27th Apr, 2020

by

off

6 Steps to Weathering a Recession

From: financeinsights.net

1. Don’t Make Drastic Changes To Your Investments

People tend to make bad investing decisions when they get stressed. Don’t time the market or take big risks. Make your plan with a professional’s help and then stick to it. Also keep a lookout for opportunity amid the fallout. Market volatility can create unique opportunities in even the worst recessions.

Social Security Combined Trust Funds Projection Unchanged

27th Apr, 2020

by

off

Social Security Combined Trust Funds Projection Unchanged

From: 401kspecialistmag.com

Projections in the Board of Trustees’ just-released 2020 report to Congress do not reflect the potential effects of the COVID-19 pandemic, which is exacerbating previously forecasted shortfalls

The Social Security Board of Trustees on Wednesday released its annual report on the long-term financial status of the Social Security Trust Funds, and did not change projections from last year…

Updated Stimulus Check Info 

20th Apr, 2020

by

off

If you’re still someone waiting and wondering about the status of your Stimulus Check, we are here to help you understand it all.

The following information will focus on what you need to know about the stimulus checks the government will be sending out in the weeks to come.

Who is Getting Stimulus Checks?

In Mid April, the IRS started sending out stimulus checks to all American taxpayers who fall within the stimulus check guidelines. What people…

My New Theory About Future Stock Market Returns

13th Apr, 2020

by

off

My New Theory About Future Stock Market Returns

From: awealthofcommonsense.com

At the lows, the S&P 500 was off roughly 34% from its highs.

From those lows it’s now up almost 25%.

This is confusing to many investors for a number of reasons:

  • The economy is still effectively shut down for the foreseeable future
  • The unemployment numbers continue to worsen as jobless claims in the past 3 weeks are more than 16 million people (a…

Commentary: When It Comes Time to Buy, Will You Do It?

9th Apr, 2020

by

off

Commentary: When It Comes Time to Buy, Will You Do It?

From: oceanparkam.com

We have a question to ask you: when it comes time to buy, will you?

What Just Happened?

On a daily and even hourly basis, investors and every day citizens are worried, and they are struggling to determine what the COVID-19 virus means for their personal health and their personal finances. With no shortage of uncertainty, a rush to…

CARES Act Stimulus Package

6th Apr, 2020

by

off

CARES Act Stimulus Package

From: Brookstone Capital Management

As you may have heard, Congress has passed and the President has signed into law the Coronavirus Aid, Relief, and Economic Security Act. The CARES Act will provide necessary relief to America’s families and businesses as we all manage the COVID-19 health crisis and resulting economic conditions. There’s a lot packed into this new legislation. We’ve highlighted some of the major impacts from this act below:

2019…

Should I Refinance My Mortgage? 2020

6th Apr, 2020

by

off

Should I Refinance My Mortgage?

From: www.daveramsey.com

“Lock in a lower rate!”

“Refinance now and save!”

Everywhere you turn right now, there’s a new wave of hype about mortgage refinancing. That’s all thanks to the Federal Reserve dropping interest rates by half a percentage point at the beginning of March 2020 and then dropping again mid-month to between 0–0.25%.1,2 Zero percent is pretty attention grabbing, but keep in mind that…

Congress Suspends Required Minimum Distributions For 401(k)s And IRAs For 2020, Opening Window To Tax Savings

2nd Apr, 2020

by

off

Congress Suspends Required Minimum Distributions For 401(k)s And IRAs For 2020, Opening Window To Tax Savings

From: www.forbes.com

The bipartisan COVID-19 stimulus bill just signed by President Trump includes welcome tax relief for retirees: The required minimum distribution rules for Individual Retirement Accounts and 401(k)s are waived for 2020. That means that instead of taking money out this year, retirees can keep their investments…

ABOUT REAP