Stimulus Check Calculator
Use this calculator to determine your rebate using your AGI, number of dependents, and filing status
On-line Resources
US Small Business Administration - SBA.gov
Internal Revenue Service - IRS.gov
US Department of Labor - Family First Correspondence Act - DOL.gov
US Department of Education - Student Loans - ED.gov
Social Security Coronavirus help: SSA.gov/CoronaVirus
Consumer Financial Protection Bureau - scams - ConsumerFinance.gov
State of Louisiana Coronavirus Response - Coronavirus.la.gov
State of Mississippi Coronavirus Response - Coronavirus.ms.gov
FAQ On The Show
TOPIC: Should I dip into my 401(k) / IRA?
Coronavirus Relief Program instant download.
You can find out about:
- Are you Eligible?
- What will lenders be looking for?
- How much can you borrow?
- Will this loan be forgiven?
TOPIC: What's in the Coronavirus Stimulus (CARES Act)?
TOPIC: Coronavirus crushed my Airbnb. Can I get assistance from the relief package?
TOPIC: What if my IRA took a beating with the market downturn?
TOPIC: Do I have to pay back my 401(k) if I withdrawal early?
TOPIC: Is borrowing from my 401(k) considered a loan because of Coronavirus?
How can you get help from the Coronavirus stimulus packages? Here's a few ways:
Stimulus Round 2: What's in the HEALS Act?
This includes another round of stimulus checks, a sequel to PPP, liability protections, and an extension of Unemployment benefits. Here's a rundown of the legislation from Fox Business.
Economic Impact Payment:
This is the stimulus check that most citizens will get, and most people will get it automatically.
If you haven't received your check, but are expecting one, the IRS has set up an online portal for you to track your Economic Impact Payment (IRS.gov/GetMyPayment)
If you don’t normally file a tax return, you can use the agency’s non-filers tool to update your information
If you moved since you last filed your taxes and can’t provide direct deposit information, you can change your address here.
The Paycheck Protection Program:
Economic Injury Disaster Loans:
FFCRA - Family First Coronavirus Relief Act:
Mortgage help:
Student Loan payments suspended:
Penalty free withdrawals from your 401k/IRA
In response to the Coronavirus the IRS will let you withdrawal up to $100,000 dollars from your 401k/IRA penalty free, but there are rules. The 401k withdrawal will count as a loan that you must pay back within 3 years. Any outstanding repayments from 401k loans will have no more payments due in 2020.
Social Security:
Social Security recipients should expect a stimulus check soon, unless you are claimed as a dependent or make too much income to qualify. If you would like to add or update your address or direct deposit information, a portal has been set up for you.
Opening America:
Some areas are slowly phasing out the Stay At Home orders, and are reopening society and the economy. The White House has laid out a guide for both individuals and small businesses on how to get back to regular life in the face of the continuing Coronavirus pandemic: WhiteHouse.gov/OpeningAmerica
SSI Recipients NON-filers:
SSI recipients who have dependent children and did not file 2018 or 2019 taxes need to act by Tuesday, May 5, in order to receive additional payments for their eligible children quickly. https://www.irs.gov/coronavirus/non-filers-enter-payment-info-here
News Articles
In The Media
Winning at Life with Gregory Ricks covers the latest in financial news and how it affects your wallet. Tune in weeknights 7p-8p and Saturday 10a-1p
We livestream during the show on:
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Click the links to watch and listen!
Coronavirus update from Gregory Ricks
UPDATE: May 14, 2020
We have decided that on Monday, May 18, we will begin allowing in-person office visits as deemed necessary.
For those who do not feel comfortable coming inside of the office, we will continue scheduling phone visits or virtual meetings via Zoom video call.
Office Hours:
Monday - Thursday 9:00 AM - 4:00 PM
Friday 9:00 AM - 3:00 PM
As always, the office and conference rooms will be thoroughly sanitized after each visit. Please reach out if you have any questions, (504) 832-9200.
If you have been sick, or have been in contact with someone who is sick, we ask that you do not come into the office and instead schedule a phone visit or virtual meeting.
UPDATE: March 16,2020
Like you all, we are carefully watching the Coronavirus situation. We understand your concerns and we share them. Our clients, potential clients, employees, and communities are our top priorities and at the heart of every decision, we make. We believe it's critical that we do our part to help reduce the transmission of COVID-19. Below you will find the steps we are taking to protect everyone in this continuously-evolving situation.
- We are following the guidance of the Centers for Disease Control and Prevention (CDC) for best hygiene practices.
- Our offices have increased daily cleaning routines, including sanitizing doorknobs and conference rooms and providing hand sanitizer as you walk into the office.
- If you are sick or have come in contact with someone who is sick, please do not come into the office. We can reschedule your visit, do a phone visit, or make other arrangements if necessary.
- We have canceled all in-person speaking events in March. This includes Wine, Wisdom & Food Experiencesâ„¢, Social Security Workshops, and Estate Planning Lunch & Learns. However, we understand that this information is pertinent so we will be hosting live webinars that you can enjoy from the comfort of your home. Please be on the lookout for an email about this in the coming days.
We will continue to monitor what's going on in our community and bring you important information as we receive it.
Best,
Gregory Ricks
Ready to Take The Next Step?
Gregory Ricks and his team can help you toward achieving your financial goals. To learn more about our personalized custom services, schedule a visit today or register for our next live speaking event!