Today, Keith Mooney of Mooney Lyons breaks down the Coronavirus Aid, Relief, and Economic Security (CARES) Act - and the major provisions of it.Who does it help?Economic Impact Payments Who is eligible?How much will the payments be?How will the payments arrive?Unemployment BenefitsEmployee Sick and Leave BenefitsRetirement AccountsHardship Withdrawals - what are they and who is eligible?Required Minimum Distributions - how are 2020 RMDs affected?Student Loans - which ones are affected and how?Affects on business - a brief overviewIn our next episode, we will go into more detail on how businesses will be affected by the CARES Act.For more, call Mooney Lyons at 847-382-2600Visit online: MooneyLyons.comOr email: info@mooneylyons.comSecurities offered through Triad Advisors, LLC. Member FINRA/SIPC. Advisory Services offered through Triad Hybrid Solutions LLC, a registered investment advisor. Mooney Lyons Financial Advisors and Triad Advisors, LLC are not affiliated.

Invest for Success

The CARES Act

2020 has been a tumultuous year for most of us, between market volatility, the pandemic, and the US Presidential Election.  For some, it may have resulted in a job loss, an early retirement, or other financial issues.  Today, Ted Buckley from Mooney Lyons joins Jon Gay to talk about the questions you should ask yourself as we (finally) wind down 2020 and look forward to next year.What has changed for you in 2020?Do you engage in tax-loss harvesting?Do you want to itemize deductions?Could you ramp up your retirement plan contributions?Are you thinking of gifting?Can you start a 529 plan?If retired, have you taken your RMD’s (and what's different in 2020)?Have you checked your withholding?How’s your Retirement plan looking?What can you do before ringing in the New Year?Ted walks us through each of these, and how they can help your finances as we look ahead to 2021.Contact Mooney Lyons:847.382.2600info@mooneylyons.comEach individuals situation is unique. The information provided is for informational purposes and not investment advice. Speak with a financial professional before taking action. Investing in securities involves risk of loss that employees should be prepared to bear. No investment is free of risk; no strategy or risk management technique can guarantee returns or eliminate risk in any market environment.Securities offered through Triad Advisors, LLC. Member FINRA/SIPC. Advisory Services offered through Triad Hybrid Solutions LLC, a registered investment advisor. Mooney Lyons Financial Advisors and Triad Advisors, LLC are not affiliated.

End Of The Year Money Moves

Jeff Scheider and First Trust Economist Andrew Opdyke discuss the following:• Where do we stand heading into the election• Economic consequences of election results• Tax Consequences of election results• Where to invest in the market based on election resultsResources:Call Mooney Lyons at 847-382-2600Visit online: MooneyLyons.comOr email: info@mooneylyons.comSecurities offered through Triad Advisors, LLC. Member FINRA/SIPC. Advisory Services offered through Triad Hybrid Solutions LLC, a registered investment advisor. Mooney Lyons Financial Advisors and Triad Advisors, LLC are not affiliated.

ECONOMIST ON THE ELECTION

Today, Jeff Scheider from Mooney Lyons takes a nonpartisan look at where the US Election stands 5 weeks out. Jeff begins by offering some historical perspective on the last 80 years, and where we stand today.We are certainly in for an election like we've never seen, between a large number of swing states, record mail in balloting, and both sides lawyering up.We break down the three likely outcomes of the election and what each result could mean for the market and your finances.A Biden Presidency and Democratic SenateA Biden Presidency and Republican SenateA Trump Presidency and Republican SenateFinally, we dig into the data. Is there really a difference in market performance depending on which parties hold the White House and Congress?Resources:Call Mooney Lyons at 847-382-2600Visit online: MooneyLyons.comOr email: info@mooneylyons.comSecurities offered through Triad Advisors, LLC. Member FINRA/SIPC. Advisory Services offered through Triad Hybrid Solutions LLC, a registered investment advisor. Mooney Lyons Financial Advisors and Triad Advisors, LLC are not affiliated.

Election Update

Today, Joe Lyons and Jon Gay are joined by a valuable resource in the Mooney Lyons network, attorney Heather Kroencke of Zanc, Coen, Wright and Saladin in Crystal Lake.  Now, more than ever, it's important to have an estate plan.   Heather answers many questions, including:Who should have an estate plan?What's included in a full plan?What's the difference between a will and a trust?Differences between a living will and healthcare power of attorneyWho should be my trustee and executor, and what if there isn't someone I trust?What are the tax implications for beneficiaries?Resources:Call Zanc, Coen, Wright, & Saladin, P.C. at 815-459-8800Or visit online at https://www.zcwlaw.com/Call Mooney Lyons at 847-382-2600Visit online: MooneyLyons.comOr email: info@mooneylyons.comSecurities offered through Triad Advisors, LLC. Member FINRA/SIPC. Advisory Services offered through Triad Hybrid Solutions LLC, a registered investment advisor. Mooney Lyons Financial Advisors and Triad Advisors, LLC are not affiliated.

The Importance of Estate Plans

What makes Mooney Lyons different is their value proposition. Today, Keith Mooney explains the Mooney Lyons Wealth Management Formula.Wealth Management = Investment Consulting + Advanced Planning + Relationship Management.Specifically,Advanced Planning = Wealth Enhancement + Wealth Transfer + Wealth Protection + Charitable Giving.Throughout today's episode, Keith will explain each of these terms and how Mooney Lyons has cultivated a vast network of professionals - inside their firm and out - to take care of their clients' unique needs.For more, call Mooney Lyons at 847-382-2600Visit online: MooneyLyons.comOr email: info@mooneylyons.comSecurities offered through Triad Advisors, LLC. Member FINRA/SIPC. Advisory Services offered through Triad Hybrid Solutions LLC, a registered investment advisor. Mooney Lyons Financial Advisors and Triad Advisors, LLC are not affiliated.

What Makes Mooney Lyons Different

Walt Czaicki, Senior Equity Strategist with AB Global, joined us to discuss investing in stocks and the market through the current pandemic. This visit we will discuss the following:• Thematic Investing through the pandemic• What role ESG (Environmental and Social Governance) plays in the portfolio• What the results of the election mean for the economy For more, call Mooney Lyons at 847-382-2600Visit online: MooneyLyons.com

Pandemic Market Insight

Today, Ted Buckley discusses 5 moves to consider with your 401k.Consistently invest as much as you can each pay period.Should you take out a loan on your 401k?Differences between traditional and RothOptions if you leave your current employerIs an in service rollover right for you?(Bonus): Make smart investment choices.Finally, we explain why it's important to work with a fiduciary financial consultant, that, by law, must put your financial best interest first.For more, call Mooney Lyons at 847-382-2600Visit online: MooneyLyons.comOr email: info@mooneylyons.comSecurities offered through Triad Advisors, LLC. Member FINRA/SIPC. Advisory Services offered through Triad Hybrid Solutions LLC, a registered investment advisor. Mooney Lyons Financial Advisors and Triad Advisors, LLC are not affiliated.

5 Moves to Consider with Your 401k

While a global pandemic may be a first for most of us, there have been traumatic events in our history that have caused wild market swings.  Today, Joe Lyons of Mooney Lyons joins Jon Gay to offer some perspective, and how these events can help us through the current situation.When Have We Seen This Before?How Are People Handling It?What has Mooney Lyons done,- past present, and future -to adapt to changing times?We also take a look at how technology is being leveraged in our new normal.Click Here for a free copy of Mooney Lyons' ebook, Unphased.For more, call Mooney Lyons at 847-382-2600Visit online: MooneyLyons.comOr email: info@mooneylyons.comSecurities offered through Triad Advisors, LLC. Member FINRA/SIPC. Advisory Services offered through Triad Hybrid Solutions LLC, a registered investment advisor. Mooney Lyons Financial Advisors and Triad Advisors, LLC are not affiliated.

How Past Market Events Can Help Us Through Coronavirus

Today we meet the newest member of the Mooney Lyons team, Lucas Wandell. Lucas holds his CRPC® designation and is currently working toward his CFP. He joined Mooney Lyons from Merrill Lynch this past December.When Lucas came over, he began working on new process for ML clients that will help streamline interactions with the team, creating a blueprint for items that will be discussed in each meeting and simplifying the process, especially in our current climate of virtual meetings which  has been well received by clients and advisors alike.Lucas also explains some of the common threads he's seeing in client conversations - from those panicking over market volatility to those who see an opportunity.  The most important thing is to have a plan and stick to it.  Finally, as the new person in the office, Lucas explains what he loves about his new team - the wealth of knowledge and sense of cooperation he's experiencing at Mooney Lyons.For more, call Mooney Lyons at 847-382-2600Visit online: MooneyLyons.comOr email: info@mooneylyons.comSecurities offered through Triad Advisors, LLC. Member FINRA/SIPC. Advisory Services offered through Triad Hybrid Solutions LLC, a registered investment advisor. Mooney Lyons Financial Advisors and Triad Advisors, LLC are not 

Meet Lucas Wandell

Mooney Lyons was joined by Andrew Opdyke, an economist with First Trust.We discussed several facets of the economy including investing internationally both during and after the COVID-19 pandemic and what the economy looks like moving forward.  We will also discussed timely topics like oil, unemployment, recession and inflation.  First Trust is not affiliated with Triad Advisors or Triad Hybrid Solutions.The opinions expressed during the session are those of the guest speaker.

An Economist's Look at the Current Market Landscape

Mooney Lyons hosted Recovery Watch - Presented by Dr. Bill Lloyd May 8th.  It was a unique discussion on the COVID - 19 Outbreak. Dr Lloyd is a board-certified surgeon and pathologist. As Health Director for Transamerica Advanced Markets, he provides valuable medical expertise for Transamerica’s Wealth + HealthSM thought leadership initiative.Transamerica is not affiliated with Triad Advisors or Triad Hybrid Solutions.

Recovery Watch - A unique discussion on the COVID - 19 Outbreak

At Mooney Lyons, we are committed to providing valuable resources to help you during these uncertain times. Experts from AB Global offer market insight into how COVID-19 has affected the economy and what you can expect to see as the market recovers. Learn investment tips and strategies to help you come out on the right side of change in the weeks and months ahead.  AB Global is not affiliated with Triad Advisors or Triad Hybrid Solutions.For more, call Mooney Lyons at 847-382-2600Visit online: MooneyLyons.comOr email: info@mooneylyons.comSecurities offered through Triad Advisors, LLC. Member FINRA/SIPC. Advisory Services offered through Triad Hybrid Solutions LLC, a registered investment advisor. Mooney Lyons Financial Advisors and Triad Advisors, LLC are not affiliated.

A Stock Market or A Market of Stocks?

In our previous episode, Keith Mooney broke down the Coronavirus Aid, Relief, and Economic Security (CARES) Act and how it will affect individuals.  Today, Greg Scheider of Mooney Lyons joins us to explain how the CARES Act will affect businesses.Paycheck Protection ProgramEconomic Injury Disaster LoansEmployee Retention Tax CreditA Warning About the Families First Coronavirus ActFor more, call Mooney Lyons at 847-382-2600Visit online: MooneyLyons.comOr email: info@mooneylyons.comSecurities offered through Triad Advisors, LLC. Member FINRA/SIPC. Advisory Services offered through Triad Hybrid Solutions LLC, a registered investment advisor. Mooney Lyons Financial Advisors and Triad Advisors, LLC are not affiliated.

THE CARES Act and Businesses

The world is changing very fast, thanks to the global pandemic of Coronavirus (COVID-19), and the resulting market volatility.Today, Ted Buckley from Mooney Lyons covers three areas:What's HappeningWhat's Causing ItWhat To Do About ItFor more, call Mooney Lyons at 847-382-2600Visit online: MooneyLyons.comOr email: info@mooneylyons.comSecurities offered through Triad Advisors, LLC. Member FINRA/SIPC. Advisory Services offered through Triad Hybrid Solutions LLC, a registered investment advisor. Mooney Lyons Financial Advisors and Triad Advisors, LLC are not affiliated.

What To Do About It

The team at Mooney Lyons prides itself on delivering financial security to families, individuals, and business owners. Our identity is built around the desire to deliver goal-based financial security to our clients – today and in the future – through lasting meaningful personal relationships. That's what we bring to this podcast.

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The CARES Act

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