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May 25, 2020

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Financial News

CARES Act offers help for investors, small businesses

Updated with new legislation

By Ryan DeMarco
Edward Jones financial advisor 
111 S. Main St., Bluffton, 419-226-4506

As we go through the coronavirus crisis, we are all, first and foremost, concerned about the health of our loved ones and communities.

But the economic implications of the virus have also weighed heavily on our minds. However, if you’re an investor or a business owner, you may benefit from COVID-19 relief legislation ("Legislation") out of Washington – and it could make a big difference, at least in the short term, for your financial future.

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How should you put recovery payment to work?

Edward Jones financial advisor offers some suggestions

By Brandon Blackford
Edward Jones Financial Advisor
107 S. Main St., Bluffton, 419-358-2622

You may have received, or soon will receive, a payment from the government as part of the $2 trillion Coronavirus Aid, Relief and Economic Security (CARES) Act. How can you make the best use of what you receive?

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Cash is king

In the midst of change, transition, and unknowns cash provides the highest level of flexibility

By Gary Reese
Faith Investments, Blufton
419-358-4207

We have been living through a very challenging time lately. Coronavirus has set new precedents on many different levels. Unfortunately, many people are left wondering from where and when their next paycheck will come because of these changes.

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From Steiner & Granger: Dire short-term, hopeful long-term outlook

Reasons to believe long-term outlook remains positive

Market Matters from
Steiner and Granger Insurance
and Financial Services
141 N. Main St., Bluffton
419-358-8566

- Open the special updated five-page attachment at the bottom of this story -

• We are likely entering a severe, but perhaps short-lived recession.

• The length of the recession depends largely on fiscal stimulus and containing the COVID-19 outbreak. Federal and state governments are working on such measures.

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Edward Jones: It's not easy, but look past the market sell off

Remember why you are investing

By Brandon Blackford,
Edward Jones financial advisor

These are challenging times.

Like everyone, you are concerned about keeping your family safe and healthy, and you’re doing your part to help protect your community from the effects of the coronavirus.

And if you’re an investor, you must also address your financial situation. How should you respond to the current market volatility and recent declines in investment prices?

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Funding your 2019 IRA: There's still time

Faith Investment Services
Bluffton, 419-358-4207

Many people save for retirement in a 401(k), which makes a lot of sense if it’s available where you work.  You can especially benefit if your employer matches your contributions and if you want to contribute to the higher threshold that 401(k)s allow.  (Employees could contribute up to $19,000 to their 401(k) plan for 2019 and anyone age 50 or over was eligible for an additional catch-up contribution of $6,000 in 2019.)

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