Category: Epic Insights

FAFSA Simplification Act

Jun 18, 2021

FAFSA
Learn about how legislative changes can help you finance your loved one’s education.

As a parent or grandparent, you know firsthand the challenges of funding a child’s education. The Free Application for Federal Student Aid (FAFSA) Act was passed at the end of 2020 and has changed some of the qualifications for students to receive financial aid. (more…)

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Inflation & the Real Rate of Return

Jun 16, 2021

Real rate of return and inflation
Is your money gaining or losing purchasing power?

The real rate of return is an important personal finance concept to understand. And it goes hand-in-hand with the rate of inflation.

It’s the rate of return on your investments after inflation. The real rate of return indicates whether you are gaining or losing purchasing power with your money. (more…)

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Are You Ready for the Second Act of the Secure Act?

Jun 14, 2021

Secure Act
Some potential benefits are coming

Recently, you may have seen headlines regarding the Securing a Strong Retirement Act, also referred to as the second version of the SECURE Act, or SECURE Act 2.0. (more…)

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A COLA With Your Social Security?

Jun 11, 2021

Social Security COLA
Preliminary estimate calls for 4.7% increase

If there is a “silver lining” to all the inflation talk, it may be that Social Security benefits are expected to see a larger-than-normal increase in 2022.

Preliminary COLA Social Security estimates call for a 4.7% cost-of-living increase (COLA) in Social Security benefits next year, which would be the highest since 2009. Benefits rose 1.3% in 2021.1 (more…)



America’s Economy Recovering from COVID

Jun 9, 2021

Some promising trends emerge

With COVID, there were some who believed that progress on this health issue was a necessary precondition to economic recovery.

In recent weeks, we have seen some promising trends emerge on the health front. The CDC is reporting the provision of 295 million vaccinations; 51% of Americans have had at least one injection.1 (more…)

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A Seven-Year High for Gas Prices

Jun 7, 2021

Things in America are returning to something like a pre-COVID normal

Over Memorial Day weekend, gasoline prices hit the highest for this holiday weekend since 2014.1

With the Colonial Pipeline outage in the rear-view mirror and an ever-increasing number of adults vaccinated, (more…)



Tax & Estate Strategies for Married LGBTQ+ Couples

Jun 4, 2021

LGBTQ
In the age of marriage equality, there are new possibilities.

The 2015 Obergefell v. Hodges Supreme Court decision streamlined tax and estate strategizing for married LGBTQ+ couples. If you are filing a joint tax return for this year or are considering updating your estate strategy, here are some important things to remember. (more…)

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Marrying Finances as Newlyweds

Jun 2, 2021

Bride and Groom
Ideas to Help Manage Stress.

In a recent study, 35% of married couples described money issues or finances as their primary source of stress. While there are many potential causes of such financial stress, in some cases the root may begin with habits formed early in the marriage.

Fortunately, couples may be able to head off many of the problems money can cause in a marriage. We have put together 10 Tips for Newly Married Couples manage their financial stress. (more…)

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Inflation Outlook for 2021

May 31, 2021

Inflation
Is the Fed ahead or behind in its monetary policy regarding inflation?

As our nation continues to recover from the effects of COVID-19, one economic trend has been capturing news attention as of late – inflation. Consumer prices are rising amidst economic recovery. In fact, the Consumer Price Index (CPI) rose 0.8% in April 2021, jumping by a greater-than-expected 4.2% year-over-year.1 (more…)

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Rebalancing Your Portfolio

May 28, 2021

Balance Machine
Should investors make regular adjustments?

Everyone loves a winner. If an investment is successful, most people naturally want to stick with it. But is that the best approach?

It may sound counterintuitive, but it may be possible to have too much of a good thing. Over time, the performance of different investments can shift a portfolio’s intent as well as its risk profile. It’s a phenomenon sometimes referred to as “risk creep,” and it happens when a portfolio’s risk profile shifts over time. (more…)



More Insights

Jun 18, 2021

As a parent or grandparent, you know firsthand the challenges of funding a child’s education. The Free Application for Federal Student Aid (FAFSA) Act was passed at the end of 2020 and has changed some of the qualifications for students to receive financial aid.

Jun 16, 2021

The real rate of return is an important personal finance concept to understand. And it goes hand-in-hand with the rate of inflation. It’s the rate of return on your investments after inflation. The real rate of return indicates whether you are gaining or losing purchasing power with your money.

Jun 14, 2021

Recently, you may have seen headlines regarding the Securing a Strong Retirement Act, also referred to as the second version of the SECURE Act, or SECURE Act 2.0.

Jun 11, 2021

If there is a “silver lining” to all the inflation talk, it may be that Social Security benefits are expected to see a larger-than-normal increase in 2022. Preliminary COLA Social Security estimates call for a 4.7% cost-of-living increase (COLA) in Social Security benefits next year, which would be the highest since 2009. Benefits rose 1.3% … Continue reading “A COLA With Your Social Security?”

Jun 9, 2021

With COVID, there were some who believed that progress on this health issue was a necessary precondition to economic recovery. In recent weeks, we have seen some promising trends emerge on the health front. The CDC is reporting the provision of 295 million vaccinations; 51% of Americans have had at least one injection.1

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