With 2021 just around the corner, now is a good time to review a few important financial matters.
Are you eligible for your company 401(k) or 403(b)?
If so, make sure you are participating. And if your employer matches your contribution, see if you can contribute at least enough to get the full match. That’s a […]
When to retire is a big decision. There are several things to be thinking through today, as well as actions to be taken to set yourself up well for a great new chapter.
First, have you thought about healthcare expenses? If you are age 65 when you retire, you are eligible for Medicare. If you haven’t […]
Usually when we discuss financial legacies, we talk about money, property, and other types of assets that we can pass down to others. But a financial legacy can be about more than assets; financial wisdom can be a type of legacy that makes just as big of an impact on your family as money. Modeling […]
You likely already know that IRAs are a great way to save for retirement. They offer a wide range of investment options and provide tax-deferred or tax-free growth for your retirement funds. So whether you’re a recent grad wanting to start your nest egg or a seasoned employee looking to supplement your 401(k), IRAs are […]
As the November election approaches, we are receiving more questions about how this event can impact investment portfolios. Some individuals have a specific election outcome they perceive as cataclysmic for the economy and markets. Other individuals are more generally concerned about the volatility that could surface in, what appears to be, a highly contested race […]
With the Evangelical Covenant Church’s (ECC) recent announcement to sell its central office building at 8303 West Higgins Road in Chicago, you may be wondering what that means for Covenant Trust’s offices there. Early in the year, we made the decision to relocate our office. Our anticipated move date is November 2020.
Our decision process started […]
When you hear the term “financial literacy” it means learning the basics about handling your money. It means understanding how to budget, knowing the importance of saving, investing and handling credit wisely. It means creating a vision for where you want to be, setting goals, and creating the plan to get there.
Knowing how to manage […]
A will is an essential estate planning document. The advantage of having a will is that it gives you the decision-making power for your family and assets after your death. In your will YOU decide:
Who you want to distribute your assets and personal property to?
If you establish trusts through your will, who will administer them?
Who […]
The Coronavirus Aid, Relief & Economic Security Act (CARES Act), passed in early 2020, included provisions that applied to IRAs. Recently the IRS, in Notice 2020-51 dated June 23, 2020, answered questions on some of the provisions in the act and provided additional relief. The following points regarding IRAs were addressed in the Notice. Specifically, […]
By clicking the link below you will be leaving the Covenant Trust website. The destination site is operated by a third-party contracted by Covenant Trust to provide account information to our clients. While Covenant Trust works to provide the most accurate and current information, the destination site is ultimately operated and maintained by a third-party, and while Covenant Trust believes the information to be generally reliable, it makes no guarantees as to the accuracy or completeness of the contents of the third-party website. If you notice anything that looks incorrect, please contact Covenant Trust at 800-483-2177.
Covenant Trust works with partners with sound privacy protection policies and practices. No entity is immune from the threat of a data breach, and for that reason, Covenant Trust encourages users to be mindful of that fact when entering data on any website. Finally, Covenant Trust is not liable for any technical or system-related issues arising out of your access to the third-party site.
By clicking the link below you will be leaving the Covenant Trust website. The destination site is operated by a third-party contracted by Covenant Trust to provide account information to our clients. While Covenant Trust works to provide the most accurate and current information, the destination site is ultimately operated and maintained by a third-party, and while Covenant Trust believes the information to be generally reliable, it makes no guarantees as to the accuracy or completeness of the contents of the third-party website. If you notice anything that looks incorrect, please contact Covenant Trust at 800-483-2177.
Covenant Trust works with partners with sound privacy protection policies and practices. No entity is immune from the threat of a data breach, and for that reason, Covenant Trust encourages users to be mindful of that fact when entering data on any website. Finally, Covenant Trust is not liable for any technical or system-related issues arising out of your access to the third-party site.
By clicking the link below you will be leaving the Covenant Trust website. The destination site is operated by a third-party contracted by Covenant Trust to provide account information to our clients. While Covenant Trust works to provide the most accurate and current information, the destination site is ultimately operated and maintained by a third-party, and while Covenant Trust believes the information to be generally reliable, it makes no guarantees as to the accuracy or completeness of the contents of the third-party website. If you notice anything that looks incorrect, please contact Covenant Trust at 800-483-2177.
Covenant Trust works with partners with sound privacy protection policies and practices. No entity is immune from the threat of a data breach, and for that reason, Covenant Trust encourages users to be mindful of that fact when entering data on any website. Finally, Covenant Trust is not liable for any technical or system-related issues arising out of your access to the third-party site.
By clicking the link below you will be leaving the Covenant Trust website. The destination site is operated by a third-party contracted by Covenant Trust to provide account information to our clients. While Covenant Trust works to provide the most accurate and current information, the destination site is ultimately operated and maintained by a third-party, and while Covenant Trust believes the information to be generally reliable, it makes no guarantees as to the accuracy or completeness of the contents of the third-party website. If you notice anything that looks incorrect, please contact Covenant Trust at 800-483-2177.
Covenant Trust works with partners with sound privacy protection policies and practices. No entity is immune from the threat of a data breach, and for that reason, Covenant Trust encourages users to be mindful of that fact when entering data on any website. Finally, Covenant Trust is not liable for any technical or system-related issues arising out of your access to the third-party site.