- Blog: Financial Planning For Breast Cancer Survivors
- Community: Pequot Runners’ Thanksgiving Community Event
- Finance: What Can A PEP Do For A Business?
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Financial Planning For Breast Cancer Survivors
Long-Term Financial Planning For Breast Cancer Survivors
A breast cancer diagnosis profoundly impacts not only health but also financial stability, necessitating a comprehensive approach to long-term financial planning for survivors. Key considerations include evaluating liquid assets, creating a budget that prioritizes health-related costs, and managing any debt accrued during treatment.
It’s essential to assess insurance needs as well and to explore available financial assistance programs to ensure ongoing support. With proactive strategies and careful planning, we hope that breast cancer survivors can navigate their financial futures with confidence and resilience. Check out our blog/Insights article and video below.
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Pequot Runners: Community Event
We are looking forward to time with community/friends/family as the holidays approach, and 35 days from your receipt of this email, we are co-sponsoring the Pequot Runners Thanksgiving Day Race/Walk near our Fairfield, CT location. Run 5 miles OR walk 2.6 miles with some of us from the Fairfield and New Canaan Moneco offices. Hope you can join us in watching, supporting or training for and participating in the event!
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What Can A PEP Do For A Business?
If you are a business owner providing an employer-sponsored retirement plan (or know someone who is), Pooled Employer Plans (PEPs) were brought into use under Congress’ SECURE (Setting Every Community Up for Retirement Enhancement) 2.0 Act.
PEPs can provide an alternative to traditional 401(k) plans, particularly for small businesses facing challenges such as high administrative costs, fiduciary responsibilities, and compliance complexities.
How? By allowing multiple employers to collaborate under a single plan, PEPs can significantly reduce administrative burdens and transfer fiduciary responsibilities to a designated Pooled Plan Provider, minimizing risk for employers.
If you would like to learn more, click to read the article below or reach out to your financial advisor who has access to our full retirement consulting team at Moneco and can help to answer any of your questions.
Pequot runners image by www.pequotrunners.org. Retirement graphic above by Freepik.com
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Important Information
This material is for general information only and is not intended to provide specific advice or recommendations for any individual. There is no assurance that the views or strategies discussed are suitable for all investors or will yield positive outcomes. Investing involves risks including possible loss of principal. Any economic forecasts set forth may not develop as predicted and are subject to change.
Moneco Advisors, LLC and LPL Financial are not affiliated with any other referenced entity.
This commentary reflects the personal opinions, viewpoints and analyses of the Moneco Advisors employees providing such comments, and should not be regarded as a description of advisory services by Moneco Advisors or performance returns of any Moneco Advisors client. The views reflected in the commentary are subject to change at any time without notice. Nothing in this commentary constitutes investment advice, performance data or any recommendation that any particular security, portfolio of securities, transaction or investment strategy is suitable for any specific person. Any mention of a particular security and related performance data is not a recommendation to buy or sell that security. Moneco Advisors manages its clients’ accounts using a variety of investment techniques and strategies, which are not necessarily discussed in the commentary. Investments in securities involve the risk of loss. Past performance is no guarantee of future results.