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Financial Legislation

Impact of CARES Act on IRA and Retirement Plans: FAQs

By Financial Legislation, General, Retirement, Tax Planning

2020 CARES Act: FAQs

Background
On March 27, the Coronavirus Aid, Relief, and Economic Security Act (CARES Act) was signed into law, the third in a series of economic relief bills in response to the COVID-19 pandemic. The more than $2 trillion package seeks to address financial pressures facing individuals, businesses, and state and local governments due to the pandemic. The below FAQ includes more details about what this means for you. Read More