Is the worst of the economic contraction behind us? As growth estimates rise for the third quarter, the analysts at Schwab interpret the numbers. Some college loans may be forgiven during the pandemic. Lynn O’Shaughnessy looks into the ways lenders are making it easier for people to repay or even be forgiven for their college loan debt. There are 5 common mistakes to avoid with retirement beneficiary forms. CPA Robert Klein describes the errors people often make when filling them out.
Schwab Market Perspective: Is The Worst Behind Us? — The deepest point of economic contraction looks to be behind us, as U.S. gross domestic product (GDP) growth fell at a quarter-over-quarter annualized -32.9% rate in the second quarter. Estimates for third-quarter growth are pointing to a double-digit gain, but they’ve come down of late. Read more…
Repaying College Loans In A Pandemic — Millions of borrowers are experiencing difficulty making payments on their college loans, thanks to the effects of the pandemic. But while CARES Act relief ends Sept. 30, there are other ways to minimize or even eliminate the college debt burden. Read more…
5 Retirement Plan Beneficiary Mistakes to Avoid — When you plan your will, you want to make sure that your assets are distributed to your intended beneficiaries. The transfer of retirement plans at death is controlled by beneficiary forms associated with individual plans. Here are 5 mistakes to avoid when you fill them out. Read more…
John R. Day, Bill Ennis, Stephanie Hall, and Matt Heller