February 2021 — Issue #41
A Word from the CEO

For many of us, tax season begins in February. We've received our Forms W-2 and Forms 1099 and are beginning to sift through last year's expenses or fill in tax worksheets before visiting the accountant or inputting data into tax preparation software.

Our article, Tax Tips for 2020 and 2021, highlights 10 provisions of the tax code that may apply to you. They include pandemic-related tax provisions, tax benefits available to those who DO NOT itemize as well as tax benefits available to those who DO itemize.

Preparing your taxes means you already have most of your income and spending data in front of you. This makes it a great time to take a broader look at your financial health. This is especially important for those in their 30s, 40s and 50s. Are you on track to achieve your competing financial goals? Our article, 5 Financial Housekeeping Tips for 2021, is a great place to start.

Please note that you will be unable to make any investment changes or initiate loans and withdrawals in your JRB account beginning at 4:00 PM ET March 8, 2021. This "blackout period" is for the JRB's recordkeeper to update changes to the Fidelity Freedom Target Date Funds. The blackout should last for one day, but could take up to three days.

If you are concerned about the blackout or want to discuss any aspect of your financial and retirement plan, please send me an email or call 888-JRB-FREE (572-3733).

Hag Purim Sameah,
10 Tax Tips for 2020 and 2021
Are you eligible for these 10 Tax Tips for 2020 and 2021 taxes?
5 Financial Housekeeping Tips
How did your spending change in this pandemic year? Are you still on-track to meet your retirement, education savings or debt repayment goals? After the growth in stock values last year, is it time to rebalance your portfolio?
Blackout Period for
Fidelity Freedom Funds Update
There will be a “blackout period” beginning on March 8, 2021 at 4:00 PM ET.
Meet with Mitch!
Have a question about your overall financial wellness? Whether you have enough saved to retire? Interested in ways to reduce your taxes? Curious about the housing allowance?
In Case You Missed It. . .
From the JRB Learning Center