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What Are Investing Lessons Learned From 2020? Thumbnail

What Are Investing Lessons Learned From 2020?

2020 will be a year we will never forget. From a global pandemic and civil unrest, to an economic downfall that we continue to battle through today, it has been a challenging year that has impacted millions of individuals around the world. For investors, as we reflect on the past year, it’s critical we revisit some lessons learned to better ourselves moving forward.

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Pros and Cons of Taking Coronavirus-Related Distributions from Retirement Savings Thumbnail

Pros and Cons of Taking Coronavirus-Related Distributions from Retirement Savings

The CARES Act relaxed certain provisions around withdrawals and loans from 401(k) plans due to the economic severity brought on by the pandemic. Many lessons will be learned from the COVID-19 crisis. One positive impact this pandemic may have within your workforce is the importance of financial wellness. A good program can help employees manage expenses, budget, set financial goals and priorities, while encouraging them to establish a 3 to 6 month emergency savings.

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