Monthly Archive: June 2020

Managing Money in Coronavirus Crisis Mode

Managing Money in Coronavirus Crisis Mode

Even before the COVID-19 pandemic took hold, many Americans were struggling financially. According to the Federal Reserve Reporton the Economic Well-Being of U.S. Households in 2019, only 63% of adults could cover an unexpected...

How Strong Are Your Resiliency Resources?

How Strong Are Your Resiliency Resources?

Events related to the COVID-19 pandemic have recently brought increased attention to the concept of resilience. I recently presented a 90-minute webinar for financial education professionals about building financial resilience. In everyday language, resilience is the...

Evolving Rules for RMDs

Evolving Rules for RMDs

There are several  key “milestone” ages in later life. At age 50, you can make catch-up contributions to individual retirement accounts and tax-deferred retirement savings plans, like 401(k)s. At age 62, you can start...