Renters insurance can help protect young college students from being debt-dependent and parents from unexpected liabilities ..read more

Whether you live in an apartment, dorm, home or on base or post, you likely have personal property that you want protected. Accidents can happen, things can get damaged or even stolen, and without the right insurance in place, you may have to pay more out of pocket to replace your stuff ..read more

USAA continues to provide assistance during the COVID-19 pandemic, including processing stimulus payments as they arrive. We understand the challenges many may face as a result of this pandemic and have solutions available to help make ends meet ..read more

USAA has provided answers to some of the main questions people have about recovering from a catastrophe ..read more

From your physical to mental health, here are six things you can do to make sure you are maintaining a healthy balance while working from home.  ..read more

Last month, the President issued an Executive Memorandum directing the Secretary of the Treasury to defer the withholding, deposit, and payment of certain payroll tax obligations. On Aug. 28, the IRS issued guidance on this memorandum via Notice 2020-65, regarding the deferral of employee payroll tax obligations, which took effect Sept. 1, 2020. How does this all work and what are the long-term implications ..read more

As COVID-19 continues to take the world by storm, many Americans are still facing financial headwinds due to the prolonged crisis.  ..read more

Tax planning for this year and going forward, with highlights from the TCJA ..read more

Should I take loan or distribution from my retirement plan as a source of funds? Given the times we live in, there is no easy answer to this question. If you need the funds you’re your retirement plan for your required living expenses, and do not have additional non-debt related resources available, then you may be a candidate for either a loan or distribution from your retirement plan. Since there may not be a simple “one size fits all” solution to this question, it’s important to at least have good information upon which to base your decision. Consider first what we know about the retirement ..read more

As part of the new CARES Act, required minimum distributions (RMDs) are suspended for this year (2020) from retirement accounts, such as IRAs, 401(k)s, 403(b), 457(b), Roth 401(k), SIMPLE IRA, SEP IRAs, and inherited IRA accounts. This relief may help those obligated to take RMDs reduce their tax burden somewhat. This is especially true, since an RMD is based on the prior year’s ending balance (2019) when the markets were at all-time highs. Without this relief people would now be taking RMDs from greatly reduced balances due to the recent market drop. IMPORTANT: These rules are very new, and t ..read more