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Calculate how much you’ll get from the $1,200 (or more) coronavirus checks
Over 80 percent of American adults will receive a payment The U.S. government is about to send checks — or direct deposits — to most Americans to help people survive financially as much of the economy shuts down in an effort to slow the spread of the novel coronavirus. Bipartisan legislation signed into law by President Trump would…
Read MoreWednesday Q&A – What’s in the Coronavirus Stimulus Bill? Will I qualify for the Stimulus Check?
What’s in the Coronavirus Stimulus Bill? Will I qualify for the Stimulus Check? There are many factors that go into whether or not you qualify for this check. Gregory discusses what’s in the bill in the video below. To get a deeper understanding of the bill, register for our latest webinar below. Gregory will discuss…
Read More5 Things To Know About The COVID-19 Stimulus Payments
The federal government is providing stimulus checks to Americans in the coming weeks. GETTY Editor’s note: The portion of this story related to claiming the stimulus payment based on you 2020 income has been clarified to make it clear that if you don’t get a check now, but qualify for a payment based on your…
Read MoreHow to Take Advantage of New Estate Planning Opportunities Caused by the Coronavirus
A depressed market intersecting with the ongoing pandemic and current tax laws has given rise to potential tax benefits for those interested in reviewing their estate plans. The number of global coronavirus cases surpassed 900,000 on Wednesday—with more than 200,000 known infections, and a death toll that has quadrupled over the last week just in the United States. The health…
Read MoreA retirement savings hack thanks to this year’s delayed deadline for filing tax returns
The deadline to file taxes and contribute toward last year’s IRA limit was delayed to July 15 Taxpayers can contribute to their individual retirement accounts on behalf of last year until July 15. MarketWatch photo illustration/iStockphoto The government’s decision to delay the deadline for filing 2019 tax returns allows some people to hold on to…
Read MoreAre You Feeling SECURE about Retirement?
The SECURE Act has changed a lot of the retirement rules we’ve been living by for years. Take a look at the most significant changes and see how you might be affected. Like most legislation these days, the Setting Every Community Up for Retirement Enhancement (SECURE) Act of 2019 has some good changes and some…
Read MoreCARES Act Drastically Changes Required Minimum Distribution Rules For 2020
GETTY The CARES Act essentially suspended required minimum distributions (RMDs) for 2020 across the board. However, there have been a lot of questions about what this means for those who already took out distributions, and the impact on taxes and inherited accounts. It is important to remember that the CARES Act is a relief bill,…
Read MoreAre forgivable loans the best option for your business?
“Did you hear? The SBA is giving away free money in the form of forgivable loans that small businesses don’t have to repay! This is a no-brainer, right?! What am I missing here?” Not so fast… Many small business owners across the country have probably heard one variation of the above quote—whether from friends, business…
Read MoreThis is how the $2 trillion coronavirus stimulus affects retirees — and those who one day hope to retire
More protections for older people and flexibility with investment accounts The government’s $2 trillion stimulus package is expected to provide financial relief to small businesses and unemployed workers — but it will also help many people in or on the way to retirement. The package, known as the CARES Act (short for “Coronavirus Aid, Relief…
Read MoreHere’s how to use your $1,200 stimulus check from the government’s coronavirus relief package
Millions of workers and their families will receive a one-time check from the government as part of the coronavirus stimulus package. Most adults will get $1,200, while children will receive another $500. For workers who have already lost their jobs because of the pandemic’s hit to the economy, that extra money will likely be immediately put to good…
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