The COVID-19 pandemic has changed the world and affected everyone. Two of the partners at IMPACTfolio, Rebecca Kennedy, CFP® and Scott Arnold, CFP®, were recently interviewed by David Edstrom of Panoramix Financial.
The year of 2020 has started with a bang. OK, more like a fiery explosion of pain, suffering and negativity due to the pandemic and centuries of harmful social and environmental policies. Is this the beginning of Armageddon or is this the beginning of a brighter future for all?
For those who are struggling financially as a result of the COVID-19 global pandemic, the CARES Act attempts to provide relief in a myriad of ways. This post is about the new provisions for retirement account distributions.
The Coronavirus Aid, Relief, and Economic Security (CARES) Act provides relief for health insurance expenses due to the COVID-19 pandemic. Sec. 3201-3203 specifically addresses access to health care for COVID-19 patients.
The Coronavirus Aid, Relief, and Economic Security (CARES) Act provides relief for small businesses who are having trouble covering payroll and operating expenses because of the COVID-19 pandemic. The new law has created incredible benefits for small businesses owners, but these benefits come along with confusion and lack of clarity. Time is of the essence for small businesses to maximize the benefits available.
The 335-page CARES Act includes several provisions aimed at providing relief to student loan borrowers. Section 3513 suspends required payments on Federal student loans through September 30, 2020. During this time, no interest will accrue on this debt.