Middle-class Families Went Deeper Into Debt, Faced Evictions and Job Losses That Will Linger getty Congressional action on more financial relief for struggling families and businesses is welcome news, but America’s middle class will need more help next year. The signs are already there that the recession has caused longer-term economic pain. Even before the
Retirement
getty Hundreds of thousands of small businesses and millions of people have been waiting for a second round of Paycheck Protection Program (“PPP”) loans to keep businesses and professionals operational. Congress will hopefully answer the prayers of these borrowers, their employees, and Warren Buffet by enacting the “Emergency Coronavirus Relief Act of 2020” next week.
Free Financial Planning Clinic Retirement planning sign at Hyatt Regency Hotel. (Photo by: Jeffrey … [+] Greenberg/Universal Images Group via Getty Images) Universal Images Group via Getty Images Despite rumors older people maybe skittish about working and being out in the world before they can get the COVID-19 vaccine, planning to work longer in old
National Family Caregivers Month, celebrated in November, is over —and before you ask, ‘Who knew?’, read on. December follows with the annual Home for the Holidays Campaign, on behalf of the nation’s Aging Network—and this year, to help navigate these challenging times the focus is on directing older adults and family caregivers to the nation’s
ARNHOLD HALL AT THE NEW SCHOOL, NEW YORK, UNITED STATES – 2018/03/26: Members of the campaign to … [+] Divest New York States pension funds from fossil fuel holdings held a picket outside Arnhold Hall at The New School ; where New York State Comptroller Thomas DiNapoli discussed the future of the 6 billion dollars
15th July 1992: Democratic politician and Governor of the state of New York, Mario Cuomo, … [+] addressing the Democratic convention and nominating Bill Clinton for the Democratic presidential nomination. (Photo by Rick Friedman/Consolidated News Pictures/Getty Images) Getty Images When I write about well-funded pension plans, it’s generally to make a plea for risk-sharing plans,
Topline After a year of massive volatility, the bull market’s record streak has room to grow next year, Wall Street observers say; here’s how high top Wall Street firms expect the broad-market S&P 500 will climb in 2021. A pair of traders share a laugh on the New York Stock Exchange floor. ASSOCIATED PRESS Key
Signing Last Will and Testament. getty You may have spent part of the pandemic updating your estate plan and getting your financial house in order, but did you ever stop to think about whether your adult child needs a will? Most people don’t think their children need a will until they get married or have
Senate Republicans proposed another stimulus check bill yesterday, the Coronavirus Assistance for American Families (CAAF) Act. Stimulus checks under the CAAF Act would provide $1,000 to eligible adults and dependents. As an example, an eligible family of four would receive $4,000. WASHINGTON, DC – MARCH 24: Sen. Marco Rubio (R-FL) talks to reporters after leaving a
getty Are composite plans, that is, risk-sharing plans that protect participants from outliving their assets even if employers are no longer willing, or even able, to make this guarantee, a part of the future of retirement? I’ve no doubt of that. Is every component of the legal structure of the enabling legislation, the GROW Act,