Congress approved and the President signed into law the Coronavirus Aid, Relief, and Economic Security (CARES) Act on March 27th, 2020. The bill is aimed at providing relief to individuals and businesses that have been negatively impacted by COVID-19. Some aspects of this bill may impact your options for taking distributions or contributing to retirement accounts.

The global pandemic has shocked the world and impacted every aspect of our lives, leading to sudden and far-reaching economic disruption. If you are reading this you are likely hunkered down at home, as we are, doing our best to protect ourselves and our families. You are already bombarded by news, and we do not want to add to the overload. We hope to add a more straightforward perspective on the markets, something that is often missing from the news.

Anxiety is high. Most of us are nervous – not just about the financial markets and the economy. We worry about our health and the health of our family and friends. The current situation is stressful, forcing us to take it one day at a time. As we all get through the next days, weeks, and months, we must remember that we will come out on the other side of this unprecedented time.

The coronavirus is the most severe health challenge the world has faced in recent history. Global markets continue to be roiled as the quickly developing pandemic disrupts lives and economic activity. We wrote on February 28th to expect more volatility, and that has proven to be painfully true. As the global health situation continues to evolve and financial markets respond, we want to update you on what we are doing amid the uncertainty.

After all that we’ve been through, it’s a virus that finally gets us.

That could be a prognosis for humanity in general, but it’s the story of the financial markets over the past 18 months.

At some point, usually in retirement, your investment portfolio may serve as an income source. When that time comes, it is important to consider a subtle risk that can have an impact on your wealth.

You’ve heard a lot about the coronavirus lately. This latest outbreak and an unexpected flare up in the Middle East gave markets a jolt to start 2020.

On December 20, 2019, the Setting Every Community Up for Retirement Enhancement (SECURE) Act was signed into law. Its purpose is to encourage retirement savings, address certain issues concerning education, and provide tax relief for children with unearned income among other matters.

It was hard to lose money in 2019. Nearly all major asset classes posted strong performance.