The rise in prices comes as demand continues to strengthen Posted by CopyTeam   Oil prices are influenced by supply and demand, and 2020 was a great demonstration of this principle. With global and local shutdowns due to the spread of the coronavirus, there was less demand for products and services. While online shopping was…

Read More

WHY IT MAKES SENSE TO CONSOLIDATE YOUR FINANCIAL PORTFOLIOS Posted by CopyTeam   Throughout investment industry and financial media sources we constantly hear the message that our money should be diversified. By spreading assets throughout a number of different vehicles, we can take advantage of various market opportunities while helping protect them from some investment…

Read More

Funding Alternatives to an Exhausted Trust Fund Posted by CopyTeam   As the Social Security Trust Fund approaches its expiration date, many existing entities are offering helpful suggestions for funding alternatives. For example, the Association of Mature American Citizens (AMAC) recommends a combination of changing how cost of living adjustments are made, delaying retirement age…

Read More

How the Federal Government Can Pay for Its List of To-Do Items Posted by CopyTeam   A recent article in The New York Times tackled the challenge of how the federal government can pay for its list of to-do items, such as nationwide infrastructure updates, investing in clean energy, ensuring every American has access to…

Read More

How Do Demographics Affect the Economy? Posted by CopyTeam   Back in 2019, economists claimed that the large population of older Americans, dubbed the “silver tsunami,” was creating a drag on the economy. The fear was that Americans were aging toward retirement at a faster rate than young adults were entering the workforce. Not only…

Read More

What the Stimulus Could Mean for Investors Posted by CopyTeam   Millions of Americans have embraced the new relief money resulting from the $1.9 trillion America Rescue Plan. They’ve been able to pay for utilities and put food on the table while looking for employment. Those who maintained their jobs throughout the pandemic have embraced…

Read More

Automation, the Pandemic and the Fed  Posted by CopyTeam   The prodigious bank ledger used to be one of most important components of America’s financial system. Hand-written entries detailed every account holder’s deposits, withdrawals, loans and payments.   A lot has changed since then. In fact, in just the last decade, banking has become as…

Read More

Life Insurance Applications on the Rise During the Pandemic Posted by CopyTeam   It may come as no surprise to learn that there was a jump in life insurance applications during 2020.1 While contemplating one’s demise may feel like something you can delay when healthy, financial planning clearly weighed heavily on the minds of Americans during…

Read More

What is Your Retirement Plan? Posted on April 27, 2021 by CopyTeam   Amid lost jobs and a scaled-back economy in 2020, some workers may have decided to retire earlier than planned. There are a couple of Social Security strategies worth considering in this scenario.   First, if both spouses are over age 62, determine if…

Read More

  Updates on FSAs and HSAs Posted on April 20, 2021 by CopyTeam    A recent survey found that 40% of respondents with access to a Health Savings Account (HSA) do not fully understand how they work. Basically, HSAs are paired with high-deductible health plans to help people save money for their plan’s high deductible, copayments…

Read More