Harmon Street Advisors

More than 42 million student loan borrowers don’t have to resume payments until February: https://www.cnbc.com//student-loan-payments-paused-by-covi

Happy Drain Your FSA Season!! The Holidays are all about family, surprising your spouse with yet another Lexus for Christmas (according to my TV), and for many of us, figuring out ways to drain your flexible spending accounts. With COVID lockdowns, spending daycare FSA funds has become a challenge for many. Relief may be on the way https://apple.news/Ao9qf7DntTLW4FKHdGPEe_A

What Happens When Student Loan Payment Deferral Ends? https://www.plansponsor.com/happens-student-loan-payment-/

Student loans are the biggest obstacle to home buying: https://money.yahoo.com/student-loans-are-the-biggest-obsta

Why is the stock market rallying when everything seems so bad? In this post I offer a few reasons for the seemingly head-scratching rally(hint: it’s not from unemployed day traders on Robinhood!) https://harmonstreet.com/in/investments/recent-market-rally

How To Fit 529 Plans Into Your College Savings Strategy: How To Fit 529 Plans Into Your College Savings Strategy

The good news, the DOL is loosening its enforcement of late employee deferrals. The bad news, form 5500’s are still due July 15th. https://www.planadviser.com/retirement-plans-get-relief-ce/

'I have a chance now to have a life': Navy vet who won watershed student loan ruling tells his story. https://finance.yahoo.com//student-loans-discharged-in-ban

https://www.forbes.com//5-questions-to-ask-before-you-sh/

In California, parents of teen drivers accept liability for their teen driver when then they sign for the teen’s new driver’s license. This is a good time for parents to review their own homeowners insurance excess liability coverage. At 18, consider registering a vehicle in the teen’s name to further reduce liability. https://www.uphelp.org/pubs/tips-insuring-teen-driver

CCPA is here: California's privacy law gives you new rights: https://www.cnet.com//ccpa-is-here-californias-privacy-la/

The settlement from the Equifax 2017 data breach is moving forward. Not surprising, a number of fake claims websites have popped up attempting to gather data or collect payment to file a claim. The FTC has created an official website to confirm eligibility for the settlement. Eligible claimants may receive up to 4 years of credit monitoring or a cash payment of up to $125 or more. The official FTC site: https://www.ftc.gov//refunds/equifax-data-breach-settlement

Social Security won’t be there for me, is a comment I hear all too often from 401(k) participants. Unfortunately, this strong cynicism toward the future of Social Security is having a real negative effect on employees’ attitudes toward retirement. Frustrated employees = low productivity + low morale. Fortunately, a few small tweaks across a number of variables can get Social Security back on track. A good employee wellness plan should include honest discussions about the future of this critical retirement resource. https://www.benefitspro.com//social-securitys-about-to-p/

The Simplest Ways To Save Interest On Your Student Loans: There are several simple ways that you can save interest on your student loan debt. You need to spend five minute to make it happen. https://apple.news/Af9q6h-LxTteQY0HnuUkEJg

Open Enrollment Tips: A Few Ideas for Navigating your Employer-Sponsored Benefits: In my household September and October means settling into school routines, soccer, and intense discussions on Halloween costumes. It is also the beginning of open enrollment for our employer-sponsored benefit plans. With that in mind, here’s a few tips to help make this a successful open enrollment season. https://harmonstreet.com/open-enrollment-tips/