March 2020
Market Update

The March 2020  Market Thoughts Video  is now available on our website. Brad McMillan, Commonwealth's CIO, recaps the market and economic news for February. Both U.S. and international markets dropped sharply at month-end, as the coronavirus continued to spread across the globe. While the declines are worrisome, previous outbreaks, like Zika and SARS, have resulted in similar outcomes. As such, the markets' response to the coronavirus can actually be considered normal. But what happens next?

1478 Marsh Road
Pittsford, NY 14534

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There's Still Time to Contribute to an IRA for 2019
Making a contribution to an IRA may help reduce your 2019 tax bill.  You can contribute to a traditional IRA, a Roth IRA, or both, as long as your total contributions don't exceed the annual limit. Click  here  to find out more about contribution limits and deadlines.
Tax Withholding as Forced Savings

Many taxpayers use the federal income tax withholding from their paycheck as a forced savings plan to try and avoid paying taxes at year end.  However doing this is probably not the best way to save money.   Here's why.
Debt Snowball VS Debt Avalanche Method When Repaying Student Loans
When it comes to repaying student loan debt quicker, the first step is to consider the best way to attack it.  Take a closer look at the debt snowball method, debt avalanche method and debt snowflake method to see which one is best for you. 
Helpful Tips - Zoom Meetings:
We are pleased to announce that in addition to in-person meetings, conference calls and Skype, we now offer  web-based Zoom meetings as an alternative to meet with Elizabeth.   Zoom meetings are a way for you to have an in-person meeting with Elizabeth from any location, on any device, without downloading any software.  We simply send you a link to the meeting that you click on the day and time your meeting is scheduled.  We look forward to using Zoom and welcome your feedback, as well as any suggestions you have on other ways we can enhance the service we provide.