Investments & Wealth Management
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A Steady Investment Strategy
No matter how much you try to make objective decisions, you may be tempted to guess at market movements.
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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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Three Reasons to Keep Your Personal and Business Finances Separate
Your personal assets could be vulnerable to business debts, losses, and lawsuits. Here are three reasons why it’s important to keep them separate.
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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.
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The Markets – as of market close May 28, 2021
Stocks were volatile in May, likely a reflection of strength in the U.S. economy as well as concerns about inflation.
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The Markets – as of market close April 30, 2021
Stocks climbed higher in April on the heels of strong first-quarter corporate earnings reports and encouraging employment data.
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New Changes to College Financial Aid and Education Tax Benefits
The Consolidated Appropriations Act, 2021 includes several provisions related to education, including $22.7 billion for colleges and universities.
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Growing Interest in Socially Responsible Investing
U.S. assets invested in socially responsible strategies topped $17.1 trillion at the start of 2020, up 42% from two years earlier.
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Market Update- First Quarter Review 2021
From a $1.9 trillion stimulus package and ramped up vaccine distribution, to stock price manipulation, the first quarter ushered in an eventful start to 2021.
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Should You Convert Your Term Life to Permanent Life Insurance?
Depending on your needs, you may want the affordability of term life insurance. Or perhaps you prefer the lifelong protection that permanent policies offer.
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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