Community Update - May 2022

Community Update - May 2022

May 21, 2022

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Community Update - May 2022

"May, more than any other month of the year, wants us to feel most alive." ―Fennel Hudsonm  

Happy May, everyone! As we move into May, nice weather that has been so transient recently will soon become the norm. With the ongoing war in Ukraine, a constant battering of the stock market, and a renewed lockdown of the world's second-largest economy in China, the National Month of Grace will hopefully live up to its ideal this year.

Steps to Consider in May and June 

1.) Mother's Day(May 8th)/Father's Day(June 19th). A day of thanks for those fortunate enough to have those who played the role of loving guardians in their  lives(thanks to those playing that role in the lives of others!). 

Amazon is likely to offer heavy discounts on e-books as well as their streaming music and tv offerings, while Groupon will have a host of offers on activities to help you celebrate these days. 

One item to wait on would be grills, as demand will keep prices high until early fall.

2.) Memorial Day(May 30th)- Memorial Day sales can bring large discounts on major home furnishings. Note that media devices will likely see deeper discounts nearer to Black Friday/Christmas.

3.) Semi-Annual Sales- Companies including Victoria's Secret, GAP, New Balance, and Brooks Brothers will offer deep discounts in June.

4.) National Hamburger Day(May 28th)/ National Doughnut Day(June 3rd.) These days are likely to bring discounted or free food at some national chains. Check around social media as these days approach and enjoy some guilt-free food! 

Articles You May Have Missed

Should You Support Your Retirement with a 403b Plan? 


An Image of an older gentleman sitting on a bench.  Heading reasing Should you support your retirmeent with a 403b plan?
“Working for a non-profit organization, I have the option of contributing to a 403(b) plan, but what is a 403(b) plan, and is it worth my investment?” A 403(b) plan is a tax-deferred retirement option, similar to a 401k, commonly available to those working in the non-profit sector. Providing a myriad of financial benefits – including tax deferral/tax exclusion, potential company matching, and the flexibility to adjust your contributions and allocations to match your investment strategy – a 403(b) can serve as a solid pillar toward a stress-free retirement.    
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The Value of Health Savings Accounts


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A Health Savings Account(HSA) is a tax-deferred account defined in 2004 to help workers save for future medical needs. Providing a myriad of financial benefits, including tax-free contributions/growth/qualified distributions, potential company matching, and the option to invest a portion of its funds, an HSA is one of the most powerful savings tools available to support your future retirement. 

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