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It appears the novel coronavirus is causing more than just damage to peoples’ health. This situation is causing some people to experience serious financial harm from scammers. They are taking advantage of individuals for their money. The targeted individuals (who are often uniformed) mistakenly feel they are being contacted by people who are well-intentioned. Scams There have been many different types of coronavirus scams created. The bottom...

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The pandemic has some rethinking retirement plans, as this event has a lot worried about their post-career years.  The sentiment of US citizens aged 65 and older echoed across the nation is that they have worries about their decisions regarding retirement now that the pandemic has seeped into the country. Concerns over too much togetherness and fears of boredom surfaced in the last few months....

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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...

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Countless Americans are worried about the impact that Covid-19 will have on the health of their families and friends, and indeed their own well-being. However, there is another concern that could  impact you.In preparing for retirement, investors should prepare for all sorts of investment environments, and that includes downturns like Covid-19. While it may seem out of the ordinary, remember that it has been less...

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In a response to plunging numbers on the stock market, the Federal Reserve has stepped up to offer up some much needed relief in the form of a rate cut. With near-zero rates put in place, many are wondering how it will factor into their own financial futures.Swings in stock market strength influence the ways people decide to invest and how they save for retirement....

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Medicare recently announced the expansion of its telemedicine program to benefit seniors while they stay at home during the Coronavirus pandemic.This expansion will allow millions of senior Medicare participants to adhere to the public health advisory to stay home during the coronavirus pandemic, and still, be able to connect with their doctors virtually to obtain care for their medical issues or new concerns they may...

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With the passage of the SECURE Act in December 2019, current and future retirees can expect to see significant changes which are likely to impact their tax planning for retirement. Most notably, perhaps, is the increase in the Required Minimum Distribution (RMD) age from 70 ½ to 72. For affluent retirees - and soon-to-be retirees - affected by the new RMD age, both the...

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