Investments & Wealth Management
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How the SECURE 2.0 Act Affects Your Retirement
Saving for retirement is important – this is the money you’ll likely utilize throughout your...
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September Market Recap
A rally at the end of September helped drive stocks generally higher resulting with the Dow, The Russell 2000, and the Global Dow posting gains.
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The Inflation Debate
A look at inflation; how it is monitored and how it affects interest rates.
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August Market Summary
The Nasdaq reached record highs in August and the S&P 500 recorded its seventh straight monthly advance—its longest streak of monthly gains since January 2018.
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How the New FAFSA Rule Impacts the Grandparent 529 Plan
Changes to the FAFSA rules offers grandparents a greater incentive to consider a grandparent-owned 529 account.
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July Market Summary
Favorable economic news was reported as the economy expanded at an annualized rate of 6.5%, 850,000 new jobs were added, while the number of new unemployment claims declined.
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What Affects Stock Value
Specific types of investments could influence individual stock prices during the second half of 2021.
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Can Debt Affect Your Retirement Plan?
Debt poses a growing threat to the financial security of many Americans — and not...
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Decisions, Decisions: Weighting the Pros and Cons of an IRA Rollover
If you lose a job, switch employers, or step into retirement, you might consider rolling your retirement plan savings into an IRA.
PPP Forgiveness Application Deadline
Congress passed The Economic Aid Act which changed the deferment period from 6 months post covered period to 10 months post covered period. For example, if your covered period ended June 30, 2021, under the new guidelines the earliest your first loan payment wouldn’t be due until April 2022, and you have until then to request forgiveness. Please use the following calculation to help you identify when your forgiveness will be due:
- PPP borrowers may select a covered period anywhere from 8 weeks to 24 weeks.
- RCU is automatically calculating your loan due date based on a 24-week covered period, if you intend on using a shorter covered period please inform us immediately as this will impact your due date.
- Your correct deadline will be reflected in your online banking account.
If all or part of your PPP loan is not forgiven, your first loan payment will be due the first of the following month after a decision is made by the SBA.
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