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The fallout of the COVID-19 pandemic has made the need for a healthy savings account clearer than ever. Even before the pandemic, the U.S. Federal Reserve estimated that nearly 40 percent of Americans didn't have enough set aside to cover an unplanned $400 expense.1 But how can you set aside funds for a rainy day without stretching your budget beyond its limits?

Your life insurance needs change as your life changes. When you are young, you may not have a need for life insurance. However, as you take on more responsibility and your family grows, your life insurance needs increase. Your needs may then decrease after your children are grown.

As you get older and closer to retirement, your financial practices need to shift slightly as you transition from working and saving to relying on your nest egg. As you approach this stage of your life, you need to take steps to protect your wealth. Keep these tips in mind. 

1. Shift Toward More Conservative Investments

The CARES Act has offered new relief for RMD Rollover as a result of the economic problems facing the country during the global coronavirus pandemic. Under the new relief, anyone who took the required minimum distribution from their retirement during the 2020 tax year may now roll their money back into their retirement plan as long as the transfer is completed by August 31st. 

As temperatures start to heat up and the days get longer, summer fun can kick into gear. Looking for things to do this summer? Then, check out this list of fun and relaxing summertime ideas. 

Uncle Sam wants your money.

He has bills to pay, just like you. And he's been waiting patiently for decades for you to hand over his share of your tax-deferred retirement dollars.

The abrupt end to the 2019-2020 school year in many parts of the U.S. left parents and students alike struggling to establish healthy routines. As many students prepare to head back to the classroom (or the remote classroom) this fall, what steps can parents take now to get their houses in order?

Sending a child to college for the first time can be a stressful transition for any parent.