COVID-19 Information
This resource page is intended to provide perspectives regarding COVID-19 and its investment and financial planning implications.
COVID-19 FAQs Recorded Presentation (April 2, 2020)
Articles
The Wall Street Journal: Roth IRA Conversions: What You Need to Know
Modera’s Michael Gibney shares perspectives in this article about Roth IRA conversions. Many investors took advantage of the pandemic-induced market decline early this year to do big Roth IRA conversions. Learn how Roth IRA conversions work and who can benefit from them.
Business Interruption Insurance: Do You Have A COVID-19 Claim?
COVID-19 has disrupted many businesses in recent months, which may have resulted in unexpected revenue loss and supply chain issues. If you own a company, you may be wondering whether business interruption insurance can help you recover from loss, either now or in the future.
Advisor Reflections: Working From Home
My wife and I have been both working from home the last three months while our young children are also at home with us. Once it became clear to me that we would be working from home for more than a few weeks, it was important to set up a workspace where I could focus and engage with clients and colleagues in an effective uninterrupted manner.
Important Information For Small Businesses Impacted By COVID-19
Both small and large businesses have been significantly impacted by the effects of COVID-19 and have had to make critical decisions over the last few weeks. To facilitate our clients who own businesses, we have compiled relevant information and possible actions in light of the current difficult business conditions and the enactment of the Coronavirus Aid, Relief, and Economic Security (CARES) Act.
Market Downturns: How Safe is Your Deferred Compensation Plan?
Your employer’s traditional 401(k) plan and deferred comp plan may look similar. They may be visible from the same website and they may appear to have the same investments, but they are different in one very critical way. The deferred comp plan is not protected if your employer goes bankrupt, while the 401(k) plan is protected. With the recent downturn in the markets and volatility likely to continue, it’s important that you understand the differences between the two types of employer plans and review if any adjustments need to be made to your participation or allocation strategy.
Creative Projects to Capture Memories and Get Organized
Many of us have been self-isolating now for nearly two months. Some of us are feeling the desire to maximize this time to devote to projects that will yield long-term benefits. What can you do to take advantage of this time? Are there some projects that are both easy and productive?Here are a few projects that may be interesting to you. We’ve come up with few ideas to help you share information, memories and stories with those you love for future generations, as well as get organized for the unforeseen.
Operational Updates
Modera’s physical office locations are closed for the time being, but we remain fully functioning with our staff able to process your servicing needs, and available to address your questions and requests. Our Advisory Team is available and reachable to answer any questions that you may have.
We will post any operational updates on this page regarding COVID-19.