Thursday, April 9, 2026

eMoney Rolls Out Financial Planning App

Fri, 15 January 2021  |  financial planning apps advice 

eMoney Advisor (eMoney), a provider of technology solutions and services that help people talk about money, announced the launch of Incentive, a client-led financial planning and wellness application. Following a successful beta program with six participating firms, Incentive is available now for use through retirement plan advisors.

The self-led planning and budgeting tool – and eMoney’s first mobile app – is aimed at educating a broad audience about basic planning concepts and encouraging behavioral chang... Read More

Vaccine Deployment To Accelerate Economic Growth

Fri, 15 January 2021  |  economy 

The U.S. economy is expected to grow 5.3 percent in 2021, a substantial improvement from the currently projected 2.7 percent contraction in 2020, with a strong pick-up in growth projected to commence over the spring months, according to the latest commentary from the Fannie Mae Economic and Strategic Research (ESR) Group. The latest forecast of full-year 2021 real GDP growth is an upgrade of 0.8 percentage points from the previous month's forecast, ref... Read More

One-Fourth of U.S. Households Plan To Cut Cable In 2021

Thu, 14 January 2021  |  spending entertainment 

American households are cutting the cord on their cable subscriptions more rapidly than previously reported, according to the second Future of TV survey of more than 2,100 U.S. consumers by The Trade Desk. The data shows 27 percent of U.S. cable TV subscribers are planning to cut their subscriptions by the end of 2021. That percentage is nearly double the 15 percent of cable subscribers who reported cutting the cord in 2020, and significantly higher than the approximate 3 percent annual decline reported by eMarketer prior to 2020.

The COVID-19 pandemic has accelerated consumer b... Read More

Life Insurance Growth Driven By Younger Buyers In 2020

Thu, 14 January 2021  |  life insurance 

U.S. life insurance application activity ended 2020 up +4.0, the highest annual year over year growth rate on record, according to the year-end MIB Life Index. December 2020 was up 3.7% over December 2019, the highest YOY growth rate for the month of December since 2011.

Growth in 2020 was largely driven by younger age groups with full year activity over 2019 increasing among ages 0-44 by +7.9% and +3.8% for ages 45-59. In contrast, activity for ages 60+ decreased by -1.7%. This reflects ... Read More

Over Half of Americans Used Retirement Savings During Pandemic

Thu, 14 January 2021  |  retirement spending 

Nearly 60% of Americans withdrew or borrowed money from an IRA or 401(k) during the pandemic, and nearly two-thirds (63%) used those retirement savings to cover basic living expenses, according to a new survey from Kiplinger's Personal Finance magazine and digital wealth management company, Personal Capital.

The national poll, which was conducted from November 4-10, 2020, also found that the amounts people withdrew or borrowed were significant. Thirty-two percent (32%) of respondents said they withdrew $75,000 or more from a retirement account, while 58% of those who took loans ... Read More

Foreclosures Drop to 16 Year Low

Thu, 14 January 2021  |  housing foreclosures 

U.S. foreclosure filings— default notices, scheduled auctions and bank repossessions — were reported on 214,323 U.S. properties in 2020, down 57 percent from 2019 and down 93 percent from a peak of nearly 2.9 million in 2010, to the lowest level since tracking began in 2005. Those 214,323 properties with foreclosure filings in 2020 represented 0.16 percent of all U.S. housing units, down from 0.36 percent in 2019 and down from a peak of 2.23 percent in 2010, , according to a ... Read More