Personal Finance and Investing Articles | Cove Financial Planning

The $2 trillion CARES Act provides fast and direct economic assistance to American workers, families, and small businesses to counter the economic impact of the coronavirus. Check out frequently asked questions and answers about the stimulus package.

It’s important to try to leave your retirement accounts untouched and align your investments with your long-term goals, but there are options with your 401(k) based on your unique circumstances as we ride out the coronavirus.

Financial decisions you make now can have a lasting impact far beyond the turmoil that exists today. Here are a few things you’ll be thankful that you did after the world returns to normal.

The stock market experienced a rough start to the last week of February as stocks fell sharply on Monday and Tuesday. So, what really led to the recent market selloff?

The SECURE Act took effect on January 1, 2020, and it addresses the reality that many of us are both working and living longer. The new rules will likely have an impact on your retirement plan, and like with most legislation, there’s good news and bad news.

What a year! In 2019, investors had their cake and ate it, too. The U.S. stock market had its best year since 2013 and continued its steadfast rally since the 2008 downturn. There’s plenty to celebrate over last year, but outlook for 2020 is mixed.

Though the end of the year quickly approaches, it’s not too late to save money on your taxes in 2019. You could reduce your tax bill by contributing to retirement accounts, harvesting losses in your investment portfolio, funding a health savings account, bundling tax-deductible expenses in specific years or a combination of all of these!

Finding a financial advisor is a lot like shopping for clothes online. There are plenty of websites to order from, but you may not know the exact fit until after you make the purchase. Consider asking these questions when you start your search for your own financial advisor.