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second stimulus package pa

The Impact of a Second Stimulus Package

In the early days of the COVID-19 pandemic, businesses all over the country were forced to close, leaving millions out of work indefinitely.  As Americans struggled, Congress passed the CARES Act, an economic relief and stimulus bill aimed at boosting the economy and keeping small businesses running...

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retirement planning philadelphia pa

Biggest Retirement Planning Mistakes When You’re in or Near Retirement

Wouldn’t it be great if retirement planning was simple?  That way, everyone would have all the money they needed to live the retirement of their dreams.  Unfortunately, retirement planning in the real world is anything but simple.  There are countless investments to choose from, plus considerations ...

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long term care insurance

The Benefits of Investing in Long-Term Care Insurance

With an estimated 10,000 baby boomers retiring every day in the U.S., individuals and families are forced to grapple with the realization that retiring, especially for those in need of long-term care, is expensive.  According to data compiled by the U.S. Department of Health and Human Services, the ...

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Will the Stock Market Have a V-Shaped Recovery?

After the longest bull market run in history, stocks came crashing back down to Earth in March when news of the COVID-19 pandemic shook investor confidence.  Major stock indices went tumbling as businesses closed across the country and millions of workers became unemployed over a span of weeks.  Whi...

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social security benefits

Don’t Wait to Collect Your Social Security Spousal Benefits

Generally speaking, the longer you wait after reaching your full retirement age to collect Social Security benefits, the larger your monthly payments will be.  For most people, that means waiting until age 70 to start collecting.  If you can afford to wait, it makes a...

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covid-19 financial impact

The Financial Fallout of the COVID-19 Pandemic

As COVID-19 spread around the globe, the consequences have been far-reaching.  The true costs of this pandemic have been measured not just in human lives, but in financial devastation as well.  With businesses shut down and quarantine keeping shoppers at home, many fa...

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covid crash continues

The COVID Crash Continues Despite the Fed’s Best Efforts

Since the beginning of the COVID-19 pandemic, businesses have been forced to shut their doors, lay off employees, and learn to cope with a lack of revenue.  As individual states have expanded and extended stay-at-home orders, the stock market has responded with signif...

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How to Check the Status of Your Stimulus Payment

With millions of businesses forced to close all across the country, America’s workers and retirees are depending on a little help to pay their bills.  In a bipartisan effort, Congress approved the CARES Act, a $2 trillion economic stimulus package that would authorize...

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Fed Cuts Rates by 50 Points to Address Coronavirus

As reports swirled of an exponential increase of coronavirus cases in the United States Tuesday morning, the Federal Reserve made a surprising announcement that they were cutting interest rates by 50 basis points. With the new cuts, the target rate now sits between 1%...

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Coronavirus Surpasses 82,000 Cases Worldwide

As the second month of the COVID-19 Coronavirus comes to an end, the global markets are feeling the effects. The Dow Jones Industrial Average has lost more than 2,000 points in value and is on the verge of entering correction territory. Cases of the Coronavirus have r...

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