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IRS Questions and Answers on COVID-19 IRA and 401(k) Loans & Distributions

The CARES Act stimulus package substantially relaxed the rules around certain retirement account loan and distribution requirements, but with much confusion. As a result, the IRS recently put out a FAQ document to address the COVID-19 rule relaxation around IRA and 401(k) loans and distributions. This important information should come as welcome news for the [...]

By |2020-06-01T12:00:01-06:00June 1st, 2020|

More Coronavirus Relief, Plus Beefed-Up Security for Technology, the Elderly, and Children Born to U.S. Citizens Serving Overseas

Coronavirus Aid, Relief and Economic Security Act (HR 748) – This legislation provided $2 trillion of stimulus relief in response to the coronavirus crisis. Provisions of the bill include:$1,200 for each American making up to $75,000 a yearAdditional $600 a week in unemployment benefits for up to four months$100 billion available for hospitals and health [...]

By |2020-05-01T12:00:07-06:00May 1st, 2020|

Six Industries Hiring During the Shutdown

During the government shutdown as a result of COVID-19, sadly, millions have lost their jobs. However, there is a silver lining: there are some industries that, because of the shutdown, are actually hiring. Here are a few leads to help those who might have been affected.Shipping and DeliveryThis industry is hiring at what seems like [...]

By |2020-05-01T12:00:05-06:00May 1st, 2020|

Prospects for Investing in the 2020s

The third decade of the 21st century started out with a vigorous economy, record low unemployment levels, and benign inflation. But late in the first quarter over the span of two weeks, investors faced the fastest stock market correction in history.With an unpredictable assailant like a global virus, short-term actions by Congress and the Federal [...]

By |2020-05-01T12:00:04-06:00May 1st, 2020|
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