During these difficult times, non-profit organizations are especially challenged. Fortunately, agile organizations and a motivated donor base have been able to, at least in part, step forward to help. The government has been helping with funding of its own in the form of direct support and by providing some expanded…
Gap years have always been an option considered by students leaving high school – and for a lot of reasons. 2020 marks a year when the list of reasons may be growing substantially. A sudden change in the number of high school graduates who are reluctant to jump into college…
For most people over 70, the annual Required Minimum Distribution from retirement plans and IRA accounts is a routine. In 2020, though, the vast majority of RMDs are suspended. Many retirees took their ordinary distributions before the economic crisis precipitated by the lockdown in March, and now it has become…
MARKET REVIEW Stocks rebounded from a dismal March by posting their best monthly returns since 1987, as investors were encouraged by the expectation of additional government stimulus programs and hope that the economy would be reopening soon. The Paycheck Protection Program and Health Care Enhancement Act replenished the Paycheck Protection…
At Penobscot Financial Advisors, we believe the best way to empower people is through education, which is why we’ve created a series of three workshops that cover key areas of personal finance. These seminars are both fun and informative—but never a sales pitch. Every presentation is delivered by one of our knowledgeable financial planners and each is designed with the same objective: to leave participants feeling inspired to take small steps towards improving their overall financial wellbeing.
We’re currently booking financial planning and asset management seminars for 2020. Want us to come to your place of work? Have your human resources or benefits departments reach out to us by emailing info@penobscotfa.com or calling (207) 990-1901 in order to start the scheduling process.
Penobscot Financial Advisors sponsored the University of Maine Alumni Association‘s 2020 Rising Star Award. Congratulations to Jennifer Desmond, class of 2014, for her numerous contributions to the University of Maine community. You can view the video of her award HERE and read more about it HERE.
Team PFA is participating in this year’s Freezin’ for a Reason Polar Plunge on February 29th to benefit Camp Sunshine. We are teaming up with Welch Sign in the first of what we hope will be many joint volunteering and fundraises efforts in our local community. Camp Sunshine at Sebago…
Team PFA retreated to the woods and got their hands dirty with Portland Trails today! We volunteered grooming a newer trail, creating a clearing and building a bench behind several of Portland’s Stroudwater area businesses. Check out the photos below!
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