The Coronavirus Aid, Response, and Economic Security Act “CARES Act” Healthcare
Testing for coronavirus (COVID-19) is to be covered by private
insurance plans (fully-insured and self-insured) without cost sharing.
The Coronavirus Aid, Response, and Economic Security Act “CARES Act” Retirement
Retirement under the Cares Act
Keeping Cool: Investment Strategy vs. Reaction
After losing ground in 2018, U.S. stocks had a banner year in 2019, with the S&P 500 gaining almost 29% the highest annual increase since 2013.1 It's too early to know how 2020 will turn out, but it's been rocky so far, and you can count on market swings to challenge your patience as an investor.
National Financial Assistance Tracker for businesses hit by COVID-19
A comprehensive state-by-state guide on how to receive aid and keep your business open.
Tax Refund: Spend or Save
About 72% of taxpayers received a refund in 2018 and 2019. Here's how consumers spent the tax refunds they received in 2018 and what they planned to do with their 2019 refunds.
Government Acts to Blunt Financial Impact of Global Pandemic
The novel coronavirus (COVID-19) was officially declared a global pandemic by the World Health Organization, and two days later President Trump declared a national emergency.1 The unknowns surrounding a new virus make it difficult to predict the potential human and economic toll, but unprecedented steps are being taken to help slow the spread of the disease and prepare medical facilities to treat a rising number of cases. Businesses are suffering losses as they spend more to help keep workers and customers safe and/or have closed their doors to the public
Coping with Market Volatility: Continuing to Invest May Help You Stay on Course
In the current market environment, the value of your holdings may be fluctuating widely and it's natural to feel tentative about further investment. But regularly adding to an account that's designed for a long-term goal may cushion the emotional impact of market swings. If losses are offset even in part by new savings, the bottom-line number on your statement might not be quite so discouraging. And a basic principle of investing is that buying during a down market may help your portfolio grow when the market turns upward again.
Federal Student Loan Borrowers Get Expanded Relief in CARES Act
Congress passed the CARES Act, the largest economic stimulus bill in the history of the United States, in response to the coronavirus pandemic. Included in the legislation are new rules for student loan relief that supersede the rules that were announced only a week earlier by the Department of Education.
CARES Act Provides Relief to Individuals and Businesses
The Coronavirus Aid, Relief, and Economic Security (CARES) Act was signed into law. This $2 trillion emergency relief package is intended to assist individuals and businesses during the ongoing coronavirus pandemic and accompanying economic crisis. Major relief provisions are summarized here.
IRS: Employee Retention Credit available for many businesses financially impacted by COVID-19
The Treasury Department and the Internal Revenue Service today launched the Employee Retention Credit, designed to encourage businesses to keep employees on their payroll. The refundable tax credit is 50% of up to $10,000 in wages paid by an eligible employer whose business has been financially impacted by COVID-19