myGPS Login
Retirement Planning
Wednesday Q&A – What’s in the Coronavirus Stimulus Bill? Will I qualify for the Stimulus Check?
What’s in the Coronavirus Stimulus Bill? Will I qualify for the Stimulus Check? There are many factors that go into whether or not you qualify for this check. Gregory discusses what’s in the bill in the video below. To get a deeper understanding of the bill, register for our latest webinar below. Gregory will discuss…
Read MoreA retirement savings hack thanks to this year’s delayed deadline for filing tax returns
The deadline to file taxes and contribute toward last year’s IRA limit was delayed to July 15 Taxpayers can contribute to their individual retirement accounts on behalf of last year until July 15. MarketWatch photo illustration/iStockphoto The government’s decision to delay the deadline for filing 2019 tax returns allows some people to hold on to…
Read MoreAre You Feeling SECURE about Retirement?
The SECURE Act has changed a lot of the retirement rules we’ve been living by for years. Take a look at the most significant changes and see how you might be affected. Like most legislation these days, the Setting Every Community Up for Retirement Enhancement (SECURE) Act of 2019 has some good changes and some…
Read MoreCARES Act Drastically Changes Required Minimum Distribution Rules For 2020
GETTY The CARES Act essentially suspended required minimum distributions (RMDs) for 2020 across the board. However, there have been a lot of questions about what this means for those who already took out distributions, and the impact on taxes and inherited accounts. It is important to remember that the CARES Act is a relief bill,…
Read MoreAre forgivable loans the best option for your business?
“Did you hear? The SBA is giving away free money in the form of forgivable loans that small businesses don’t have to repay! This is a no-brainer, right?! What am I missing here?” Not so fast… Many small business owners across the country have probably heard one variation of the above quote—whether from friends, business…
Read MoreWednesday Q&A – What should I be doing during this market downturn?
What should I be doing right now during this market downturn? First things first, don’t panic. There are resources to help you stabilize your retirement income avenues. Here are three things you should consider doing when the market is declining: 1. SCHEDULE A RISK EXPOSURE REVIEW: This review will tell you just how much of…
Read MoreWorried about a recession?
Recent fears of the coronavirus outbreak (COVID-19) has the American people and the markets on edge. We’ve seen significant market dips as the world tries to get a grasp on the situation, and the ongoing uncertainty and unending media coverage can make even the most confident individuals start to be concerned whether a recession is…
Read MoreWhat’s in the $2 Trillion Senate Coronavirus Bill
How households, businesses, taxes and more are affected by the package The stimulus package adds $27 billion to an emergency fund that could give a boost to dozens of projects by pharmaceutical companies and academic groups developing drugs and vaccines against coronavirus. Here, people carry donated boxes of N95 masks. PHOTO: JERRY HOLT/STAR TRIBUNE/ASSOCIATED PRESS The $2…
Read MoreWednesday Q&A – What is the 50-50-50-50 strategy?
What is the 50-50-50-50 strategy? A comprehensive financial plan using our 50-50-50-50 strategy puts protections in place to help safeguard against various types of downturns in the market. Subject to your risk number, when you are properly blended in the 50-50-50-50 strategy, 75 percent of your assets would be correlated to the upside of stocks and…
Read MoreCan I still afford to retire? The coronavirus has upended jobs, spurred a market downturn — what now?
A few questions near-retirees should ask themselves before they leave the workforce With stock indexes tumbling, jobs in jeopardy and a looming recession, is it really the time to retire? Some Americans may have been patiently waiting to retire this spring, or even sometime this year, but the world isn’t the same as it was…
Read More