Understanding the Federal Government’s Proposal for Opening Up Again
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Understanding the Federal Government’s Proposal for Opening Up Again
After seeing a peak and then a sustained decline in coronavirus cases, hospitalizations, and deaths resulting from COVID-19, the White House and the Centers for Disease Control and Prevention has rolled out a three-tier approach to get the nation back … Continue reading
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 … Continue reading
How IT Spending Will Change When Business Resumes
Most states are starting to relax stay-at-home restrictions. As such, businesses are developing plans for bringing employees back to work. Many businesses are already affected by the pandemic and their future looks grim. Specifically, we are going to look at … Continue reading
Why Sequence of Returns Risk Matters Now
That year or two when you are closing in on your retirement date, followed by a year or two after you retire, are the worst times for a sustained market decline. Market analysts call this scenario the sequence of returns … Continue reading
How to Stay Productive When Working from Home
Due to the unprecedented effects of COVID-19, the line between our professional and personal lives has blurred. Trying to take care of job responsibilities from home requires new ways of navigating. Here are a few ideas to help you become … Continue reading
Payroll Protection Program Loan Forgiveness is Here
The first Payroll Protection Program (PPP) loans were made over eight weeks ago, which means they may be forgivable if the guidelines set forth by the Small Business Administration (SBA) and the United States Treasury Department are met. In order … Continue reading
In the Wake of the Coronavirus Pandemic, Congress Passes the Most Expensive Single Spending Bill in American History
Paycheck Protection Program and Health Care Enhancement Act (HR 266) – This is a multilayered legislative bill divided into four distinct sections. Phase 1 authorized funding for coronavirus preparedness and response; specifically, for measures such as vaccine development and public … Continue reading