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                                             CDC Director Explains New Covid-19 Guidance as The US Heads into a Harrowing Phase of The Pandemic 

Sweeping new Covid-19 isolation and quarantine guidelines were spurred by scientific research and what Americans would likely tolerate, the director of the US Centers for Disease Control and Prevention said Wednesday. 

They come as doctors expect the holiday coronavirus surge, driven by the highly contagious Omicron variant, to get worse following New Year's Eve. The average number of daily US Covid-19 cases on Tuesday reached 265,427 -- a new pandemic high, according to data from Johns Hopkins University. 

In guidance issued this week, the CDC said:

Click HERE to read more. 


                                                                                              Omicron Variant: What You Need to Know

                                                                                                        Omicron in the United States

CDC is working with state and local public health officials to monitor the spread of Omicron.  As of December 20, 2021, Omicron has been detected in most states and territories and is rapidly increasing the proportion of COVID-19 cases it is causing.

Omicron Data and Potential Spread

CDC is expecting a surge of COVID-19 cases in the coming days to weeks. Learn more about Omicron variant surveillance and potential rapid spread.

COVID Data TrackerOmicron Potential Spread

What We Know about Omicron

CDC has been collaborating with global public health and industry partners to learn about Omicron, as we continue to monitor its course. We don’t yet know how easily it spreads, the severity of illness it causes, or how well available vaccines and medications work against it.


The Omicron variant likely will spread more easily than the original SARS-CoV-2 virus and how easily Omicron spreads compared to Delta remains unknown. CDC expects that anyone with Omicron infection can spread the virus to others, even if they are vaccinated or don’t have symptoms.

Severe Illness

More data are needed to know if Omicron infections, and especially reinfections and breakthrough infections in people who are fully vaccinated, cause more severe illness or death than infection with other variants.


Current vaccines are expected to protect against severe illness, hospitalizations, and deaths due to infection with the Omicron variant. However, breakthrough infections in people who are fully vaccinated are likely to occur. With other variants, like Delta, vaccines have remained effective at preventing severe illness, hospitalizations, and death. The recent emergence of Omicron further emphasizes the importance of vaccination and boosters. Click HERE to read full article.

                                                                                     Pfizer to Seek Authorization of COVID-19 Pill ‘as Soon as Possible

Pfizer’s experimental COVID-19 antiviral can cut the risk of ending up in the hospital or dying by 89%, and this means that Americans may soon have a choice in COVID-19 pills that they can take at home. Click HERE to read more.


The economic impact of COVID-19 has been felt from coast to coast. And, unfortunately for many pre-retirees, it could potentially impact Social Security benefits as well. 

A new report indicates that if Congress doesn’t take action to address funding, benefits will be cut to 78 percent by 2034. Social Security’s long-term funding has been a concern for some time now, but it appears that COVID-19 has shortened the timeline.1 

In December 2020, the average monthly benefit for a retired individual receiving Social Security was $1,544. Even with benefits at full funding, you may not be able to meet your financial needs in retirement on Social Security alone. For those who have the opportunity to plan and prepare, Social Security doesn't have to be their only source of retirement income. There are a few options to consider when preparing to supplement the difference between what you earn in Social Security benefits and what you need to thrive in retirement.2 

Individual Retirement Accounts - There are two types of Individual Retirement Accounts, or IRAs, to choose from— traditional IRAs and Roth IRAs. If you’ve had these accounts set up for some time and made contributions regularly, then the potential growth of these accounts may make up for Social Security reductions.3,4 

Defined Contribution Plans - If your employer offers a defined contribution plan, such as a 401(k), 403(b), or 457 plan, the accumulated income in these accounts could supplement Social Security, especially if this amount has had time to grow. 

Defined Benefit Plans - Though not as common as they used to be, pensions are a type of defined benefit plan. Benefits established by an employer take into account work history and salary to determine benefits.

Personal Savings - Your personal savings could be used to help make up the difference in Social Security benefits. If your savings may become your main source of Social Security supplementation, then consider consulting a financial advisor who can help you determine a long-term, more sustainable solution. 

Continued Employment - Unfortunately for some retirees and pre-retirees, if Social Security does not help make ends meet, and the above options are not available or don’t provide enough benefits, then it may be time to consider postponing your retirement. The good news, though, is that working while collecting Social Security could potentially increase your benefit amount.5

1., August 31, 2021
2., 2021
3., March 26, 2021
4., August 18, 2021
5., June 26, 2021
6., 2021

                                                             COVID-19 Pandemic: Helping Young Children and Parents Transition Back to School

Transitioning back to early childhood programs or school— or starting them for the first time—can create extra challenges during a pandemic. Learn what parents and teachers can do to help children make a successful transition to in-person learning and care.

Reopening means many new starts

Many early care and education programs stayed open during the COVID-19 pandemic to provide needed care. But for many families, the pandemic meant keeping their children at home. With more programs and schools opening up for in-person learning, this means more children will be away from home again after a long break. And many babies who were born just before or during the COVID-19 pandemic may have stayed home rather than starting an early care and education program1. For these children and their parents— including caregivers who have the role of parent—an early care and education program will be a brand new experience. Click HERE to read more.

                                                             Latest remarks by President Biden on the COVID-19 Response and the State of Vaccinations


South Court Auditorium

1:45 P.M. EDT

THE PRESIDENT:  Good afternoon, everyone.

Back in December, I set a goal of administering 100 million shots — vaccine shots in my first 100 days in office.  At the time, some told us that it couldn’t be done, it was awfully ambitious.  But we did it in 58 days because of the incredible staff I have. 

And so I set a second goal to deliver 200 million shots in my first 100 days in office — a goal unmatched in the world or in prior mass vaccination efforts in American history.

When tomorrow’s vaccine — vaccination numbers come out, it will show that, today, we did it.  Today, we hit 200 million shots on the 92nd day in office.  Two hundred million shots in 100 days — in under 100 days, actually.  It’s an incredible achievement for the nation, and here’s the context:

You know, at the pace we were moving when I took office, it would have taken us more than 220 days — almost seven months — seven and a half months — to reach 200 million shots.  Instead of marking this milestone in April, we would not have seen it until early September at the earliest. Follow link to read further: 


As President Joe Biden signed the PPP Extension Act of 2021 into law today, extending the Paycheck Protection Program an additional two months to May 31, 2021, and then providing an additional 30-day period for the SBA to process applications that are still pending, Administrator Isabella Casillas Guzman, head of the U.S. Small Business Administration, said:

"Today, President Biden sent another strong message to America's more than 30 million small business owners negatively impacted by the pandemic: help is here. By signing the PPP Extension Act of 2021 and the American Rescue Plan Act into law, the President is providing additional critical relief to the smallest of the small businesses – the mom-and-pop shops that line our Main Streets and keep our local and regional economies going.

"The leadership of the Biden-Harris Administration, working with leaders of the House Small Business Committee, Chairwoman Nydia Velázquez, and Ranking Member Blaine Luetkemeyer, Reps. Carolyn Bourdeaux and Young Kim, and Senate Small Business and Entrepreneurship Committee Chairman Ben Cardin, and Senators Jeanne Shaheen and Susan Collins, ensured a strong bipartisan vote to extend this critical relief to hard-hit small businesses. More than 8.2 million PPP loans have provided struggling small businesses with the relief they need to keep workers employed and make ends meets during this pandemic. The SBA remains dedicated to reaching the heart and soul of the nation's urban, rural, and low-income communities – the smallest businesses – and removing barriers to access this vital relief." 

I just got my second COVID-19 vaccine shot. Now what? The Pfizer shot offers protection from the worst of the virus, but it doesn't offer a return to normal life. Not yet, at least. Click HERE to read more.

2020 has been quite an unusual year. COVID-19 has kept us separated from friends and loved ones and many of us are working from home. This also holds true for the team at Franklin Planning.  We’ve had limited face to face meetings with our valued clients during the past 6 months and WE MISS YOU! 

During these troubled times, we're here for you! Although we cannot yet resume in person meetings we continue to assist our clients via telephone conferences. Additionally, Franklin Planning has been conducting virtual workshops and webinars to keep our valued clients up to date on pertinent and timely financial and retirement news. Please check out our social media pages and our website for blog posts and webinar dates. 

Our team is hard at work so please reach out to us with any questions or to schedule a telephone appointment.

How We Work

During these uncertain times we're living in, many of our traditional summer activities might not be available to us as we practice social distancing. Fourth of July cook-outs with friends and Fireworks may be cancelled this year.  But there are still lots of ways to have fun in your very own backyard. Do  you and the kids miss going to the local water park? Click link to get some great ideas on how to turn your backyard into a water park that kids of all ages will enjoy!