Interest rates are at record lows. The Federal Reserve's target for short-term interest rates currently ranges between 0.00% and 0.25%. Rates on 30-year mortgages recently set an all-time low at less than 3%. Despite the fact that interest rates are low, bond mutual funds, such as those the JRB offers, have provided solid returns. Our article, "Investing in a Low Interest Rate Environment," explores this seeming contradiction — and what it means for long-term investors.

As part of this issue's focus on interest rates, we've included an article from Cammack Retirement Group, the JRB's investment consultant. The article charts changes in mortgage interest rates from 1971 to today's record lows.

Finally, please note that August 31 is the deadline for redepositing any Required Minimum Distributions (RMDs) you took in 2020. For more information, see the article below.

As we prepare for the High Holidays, we pray for your continued physical, mental and financial health. If you are experiencing economic hardship, please know that you can always turn to the JRB to discuss your concerns. We are just an email or phone call (888-JRB-FREE) away.

Wishing You and Your Family a Shana Tova U’Metuka,