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)
With so much information being shared at this time, we wanted to make sure you did not miss two very important issues related to educational funding that apply to anyone who 1) paid tuition for the spring 2020 semester out of a 529 account or 2) has student loan debt. Feel free to forward this to others in your life whom it may apply to.
If you are feeling stressed about your finances lately, you’re not alone. According to a recent study by the National Endowment for Financial Education, nearly 9 out of 10 participants reported that that they were feeling more financial stress as a result of COVID-19.
Modera CEO, Tom Orecchio, was quoted in this Forbes article about leadership during the COVID-19 crisis.
With a pandemic affecting the country, times have become even more uncertain for those who have a disability or other medical condition.
During periods of high market volatility, short-term negative impact to your investment portfolio can be unnerving, but there are also some planning opportunities that could allow you to take advantage of the situation and do not require you to make significant sacrifices in your investment portfolio. Here are some Silver Lining/planning strategies to consider.
In these unprecedented times, we are confronted with change in many aspects of our lives. Some of these changes in circumstance require changes in our current behavior and often they introduce completely new tools and behaviors to learn and put into practice. The changes have not gone unnoticed by bad actors who will not hesitate to exploit any uncertainty, fear or change. There has been an astronomical increase in coronavirus themed spam recently, with some vendors reporting increases of 14,000%.
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. Please reach out via email or phone – we’d be happy to chat with you.
We will post any operational updates on this page regarding COVID-19.