by Marie Wilson
on April 1, 2020
We live in a world of uncertainty; this is not new. We cannot predict what will happen today, let alone tomorrow. As the world currently experiences the Coronavirus pandemic (COVID-19) here in the year 2020, we are all experiencing difficult times. Whether this includes loss of work, our children out of school and at-home virtual learning, loved ones being diagnosed with COVID-19; the list goes on and on. All of these can affect us in either a positive or negative manner. One thing that may be positive is how you react to your 403(b) or 457 account being affected by the volatile changes in the current market. Remember, COVID-19 is not the first pandemic to hit the country, let alone the world. Here are some reminders to keep in mind during this trying time:
We cannot predict what will happen in the future to our retirement accounts, personal lives, or the world. What we can do is prepare as much as possible. Prepare yourself for an unexpected time. Prepare your family and loved ones.
If you wish to seek further advice or need specific financial guidance during this time of the COVID-19 pandemic, please consult your trusted financial advisor. National Benefit Services does not provide financial advice, including making decisions on the information above. The above list gives only ideas and may not be appropriate for everyone. As NBS is your TPA, our highest priority is the health and safety of our personal, clients, vendors, partners and community. With our advanced technology, we anticipate continuing our business as usual. Please consult your NBS Relationship Manager if you have any questions. We wish you and your loved ones the very best during this difficult time we are all experiencing.