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Aging parents and money

Getting old is hard. Your parents’ ability to manage their own finances may decline as they age. Helping them with money matters is a sensitive issue you need to approach carefully.

When you hit a certain age of your life, you may realize…

Webster Investments Insights

Will COVID-19 cause deflation to show up?

First time in 60 years that core Consumer Price Index (CPI) has dropped for 3 consecutive months

On June 10, 2020, the Department of Labor released CPI numbers for May and there was a chorus singing deflationary tunes for the rest of the week. Will…

Webster Investments Insights

Six tips to take control of your financial health

Similar to taking care of your personal health by proactively incorporating healthy habits and annual checkups, you can also take control of your financial health when you are proactive and engaged in managing your finances. And also like your physical…

Webster Investments Insights

IRS offers relief to retirement plan participants

New guidelines for retirement loans and distributions due to COVID-19

On June 19, 2020, the Internal Revenue Service announced new guidelines to help those affected by COVID-19 gain more access to retirement plan distributions and loans. The IRS…

Webster Investments Insights

A cheat sheet for sending your kid to college

College marks a great milestone in a child’s life. It may be the first time he or she will live away from home. Dropping off your child at college may be an experience loaded with emotions, so here are a few tips for a smoother transition.

Webster Investments Insights

Countdown to retirement: Strategies for saving in your 50s

Many retirees today are redefining the “golden years.” Forget about endless days of leisure. Retirees seek adventure, travel, and new business pursuits. While these changes may redefine retirement, will retirees be able to finance their plans? Today,…