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Listen to a quick, 2-minute summary on the previous month’s market and economic news from Jemma Financial’s Mimi Makowske.
The coronavirus pandemic has been a financial roadblock for many young workers. In fact, nearly 60% of young Americans surveyed indicated that the pandemic has delayed their ability to become financially independent.* You may feel anxious when you believe that your financial plan may be off course. However, it’s important to remember that the pandemic…
When it comes to saving for retirement, many savvy investors contribute to an Individual Retirement Account (IRA) and a 401(k) or 403(b) account. But did you know that a Health Savings Account (HSA) can be considered part of your overall retirement portfolio? An HSA is a savings account that can be used for out-of-pocket medical,…
Due to the COVID-19 pandemic, some employers have announced in 2020 that they have had to discontinue or reduce their 401(k) matching contributions. According to a recent survey, 23% of employers lowered or suspended their contribution match for employees’ retirement accounts.1 This isn’t the first time companies have discontinued matching contributions. In 2008-09 during the…
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