The Oak Tree Group

During this crazy winter we could all use a bowl of hot soup, so Happy National Clam Chowder Day! Did you know there were so many variations? How many have you tried and which is your favorite? https://en.wikipedia.org/wiki/Clam_chowder

A great read on the role of new Treasury secretary and former Fed chair Janet Yellen. https://www.marketwatch.com//how-new-treasury-secretary-ja

On his first day in office, President Biden signed an executive order extending federal student loan forbearance through the end of September 2021. We recommend that you verify with your student loan servicer that your loans are included in this. You can read the official White House statement here. Biden has promised further measures around the student loan debt crisis. https://www.whitehouse.gov//pausing-federal-student-loan-/

US financial markets will be closed on Monday, January 18, in observance of Martin Luther King, Jr Day. Our office will be closed.

2020 has been quite a year. Most of us will not be sorry to see it go even if its trials have made us more appreciative of what we still have. As we turn the page for 2021, what is your New Year’s (Eve) ritual to positively move forward into a new year?

Federal Student Loan Update: Outgoing Education Secretary DeVos has extended the CARES ACT automatic forbearance for most federal student loans through the end of January 2021. She is basically volleying further action to Biden's administration. The incoming administration will have to take immediate action in order to continue relief for borrowers. What does this mean for you? You should be prepared to resume payments in February, and watch for notices from your student... loan servicer. If you have questions, please let us know. https://www.ed.gov//secretary-devos-extends-student-loan-f