Welcome to the
MoneyAdvice@Work® Newsletter!
The MoneyAdvice@Work® Newsletter is a quarterly resource that brings
you industry insights, updates on upcoming education events, and an
independent perspective from your Francis Investment Counsel advisors.
All About Medicare
Learn about the different parts of Medicare and how they work together. How much will it cost? How do I pick a Medicare Advantage or Medigap Plan? What IS a Medigap Plan? This webinar addresses the key ins and outs of Medicare to empower you to make good decisions. This webinar will be broadcast live on Thursday, April 21, 2022 at 12:00pm (CT) and 4:30pm (CT). Register today!
What the Russia Ukraine War May Mean for the Capital Markets
The global community’s response to Russia’s invasion of Ukraine has been to severely sanction Russia, cease doing business with the country, while supplying Ukraine with food, fuel, and defensive munitions. Amidst a sea of diverse opinions and chaotic news flow, our focus remains on observing changes in securities prices across all manner of assets to assess the current impact and potential outcomes of this disastrous situation. Check out the areas that we believe will be key to monitor.
Catch-Up on the
Capital Markets
We all know that investing can be a wild ride. It’s difficult to keep track of everything that’s going on in the marketplace. Here’s your chance to catch up. Click here to review this quarter’s market headlines.
Investors must be cautious and smart shoppers when considering ‘ESG’ investments
Environmental, Social, and Governance investing (“ESG”) is a relatively new trend in the asset management industry. Although you may be eager to invest in an ESG product, doing your due diligence will serve you well. Read the full article here.
How much money should I have in savings for emergencies?
Three to six months of living expenses is recommended for an emergency fund. If you are part of a single income household, lean toward 6 months. For a dual income household, 3 months of living expenses is generally sufficient. Consider keeping your emergency fund at an online bank so that it earns more in interest and is separate from your bill paying accounts.
Have a question you’d like us to answer? Submit it here.
IN CASE YOU MISSED IT…
We get it – we know you’re busy. That’s why we created the Monthly Minute. These short articles bring you practical money tips that you can read fast. Here’s your chance to re-cap the past quarter’s Monthly Minutes.
October
Taking a Closer Look at Retirement Plan Fees
There are two types of fees in workplace retirement plans: administrative expenses and investment management fees. Your employer works hard to reduce fees and continually monitors them to make sure they remain competitive. Want to calculate the fees you pay? Click here to request a copy of your plan’s fee worksheet.
November
It’s Time to Rebalance
Rebalancing is an important step to take so you don’t expose yourself to more risk than you intended. Click here to learn more about restoring your initial asset allocation.
December
New Savings Limits for 2022
Savings limits in 401(k) plans change over time to keep pace with inflation. The Internal Revenue Service announced that savings limits will increase in 2022. Click here to learn more.
What is MoneyAdvice@Work®?
You work hard for your employer – and your employer is committed to you! That’s why they sponsor MoneyAdvice@Work®. This employee benefit ensures that you and your family receive the money help that you need, all from a conflict-free, sales free advisor – Francis Investment Counsel. They’re here to help you with personalized money advice. Click here to schedule a remote session.
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