Explore your options as pandemic programs expire

After this rollercoaster year and a half, the only thing that is certain is continued uncertainty. With current concerns over inflation, the housing market and even automobile prices and availability, many are understandably at a loss as to what the best next steps might be in planning their financial future.

Jason Furman, a Harvard professor who was President Barack Obama's top economic adviser, thinks the inflation question is a complicated one but believes inflation will persist, according to ABC News.

And a moratorium on evictions did little to address the bigger housing problem: The country is running out of affordable places for people to live, according to a recent piece in the New York Times,

In addition, a number of pandemic assistance programs and measures are expiring in the next few weeks including:

• Mortgage forbearance. As this ends, those who have been ‘pausing’ their mortgage payments will have to repay all missed or reduced payments.

• Foreclosure moratorium. More than 7 million Americans took advantage of the moratorium. Most have repaid or are repaying today, but more than 2 million are behind on their mortgages.

• Pandemic unemployment assistance

• Provisions waiving penalties for withdrawing retirement funds

• Eviction moratorium

If you are facing the end of one of the pandemic programs above or just weighing your options given this volatile landscape, give us a call. We offer free consultations and can clearly explain your best options to take the rights steps toward a secure future.