What the Stimulus Plan Means for Investors
The experts weigh in.
哪里玩赛车微信群The Coronavirus Aid, Relief and Economic Security (CARES) Act seeks to help workers, retirees, and businesses during the COVID-19-induced economic slowdown.
哪里玩赛车微信群In addition to providing expanded unemployment benefits and direct cash payments to many, the plan also allows workers to tap into their retirement funds with fewer penalties and retirees to skip required minimum distributions in 2020.
哪里玩赛车微信群To help investors adeptly navigate among these relief measures, we’re bringing together commentary from tax, retirement, and policy experts. Be sure to visit this page for updates.
The Stimulus Plan and Its Effect on Retirees
Tax and retirement planning expert Ed Slott says investors should tread carefully among the potential provisions, from RMDs to hardship withdrawals and loans.
What Does the CARES Act Mean for Retirement Accounts?
Jeff Levine discusses what's changing and the pros and cons of 401(k) loans versus hardship withdrawals.
How Charitable Giving Is Changing in 2020
As the need for charitable gifts grows, the CARES Act ushers in changes affecting retirees, non-itemizers, and heavy givers.
10 Sources of Emergency Cash Ranked from Best to Worst
哪里玩赛车微信群 The CARES Act makes it easier to gain access to retirement accounts in a pinch, but they're not likely to be your best source of emergency cash.
What if I Already Took My 2020 RMD?
哪里玩赛车微信群 The new stimulus plan suspends required minimum distributions for 2020. Contributor Natalie Choate offers advice to early birds who've already taken RMDs for the year.
Congress to Help Retirees Cope With Market Downturn
Stimulus bill includes provision that suspends required minimum distributions for retirement accounts.
The Next Stimulus Bill Will Need to Bail Out State and Local Governments
As the bill is negotiated, expect some volatility among municipal bonds.