Curtis Financial Planning

CARE Act

The CARES Act Reviewed: Part III Expanded Unemployment Benefits

MILLIONS OF PEOPLE ARE OUT OF WORK With millions of people out of work due to the Coronavirus, the CARES Act provides much-needed relief in the form of expanded unemployment benefits. It covers workers previously ineligible for benefits, including self-employed, part-time workers, gig workers, freelancers, and independent contractors. It also helps those who have recently …

The CARES Act Reviewed: Part III Expanded Unemployment Benefits Read More »

CARES Act Review Part II: Retirement Account Provisions

There are several retirement account provisions in the CARES ACT meant to reduce your tax liability or help with current cash flow or both. Here are the details: 1. RMD-REQUIRED MINIMUM DISTRIBUTIONS You don’t have to take your RMD (Required Minimum Distribution) for 2020, whether it be from an IRA (regular, Simple, SEP), inherited IRA, 401(k) …

CARES Act Review Part II: Retirement Account Provisions Read More »

The Coronavirus Aid, Relief and Economic Security Act: Stimulus Payments

The CARE Act signed into law on March 27, 2020, is a 2 trillion package of aid to individuals and businesses to ease financial distress due to COVID-19.  It’s an over eight hundred page bill, so there are lots of details. Over a series of blog posts, I’m going to describe the provisions that will …

The Coronavirus Aid, Relief and Economic Security Act: Stimulus Payments Read More »

Do NOT follow this link or you will be banned from the site!