July 1, 2020
Part 1: Charting the Course Forward
The CARES (Coronavirus Aid, Relief and Economic Security) Act—a $2.2 trillion economic stimulus program passed by Congress in March 2020—as well as regulatory changes could affect your finances. You may have received an economic impact payment, be eligible for some student loan relief, or considered taking a temporary distribution from your retirement account to cover expenses in the near-term.
This video provides a rundown on the stimulus package details and new regulations that you should aware of, what you may qualify for, and how provisions related to the pandemic and economic recovery may impact educators’ lives.
Part 2: Stock Market Volatility
The economy and the stock market have been affected by uncertainty in the face of the novel coronavirus pandemic. This video will help you understand stock market volatility, how the market has recovered following previous downturns, and why “staying the course” can be a level-headed strategy.
Part 3: Moving Forward
Even in difficult times, it’s possible to continue building toward a financial secure future. Over the course of several decades, the market is generally up and to the right. It’s important to keep a long-term perspective on your retirement planning.
This video shares some smart strategies to help you make informed investing decisions now and in the future.