The largest emergency aid relief in U.S. history was just signed into law to address the economic impact of the COVID-19. Named the CARES Act, this tremendous $2 trillion stimulus package is intended to provide relief to individuals, businesses, and industries who have taken a financial hit over the last several weeks. The star of the stimulus package is the $250 billion designated for direct payments to Americans. You may have received a check of $1200 or more just last week.To help you better understand your stimulus payments, I'm here to answer the most common questions.Resources:F.A.Q. On Stimulus Checks, Unemployment, and the Coronavirus Planhttps://www.nytimes.com/article/coronavirus-stimulus-package-questions-answers.htmlF.A.Q. On Student Loanshttps://studentaid.gov/announcements-events/coronavirus#zero-interest-questionsF.A.Q. On Retirement Plan Loanshttps://www.forbes.com/sites/berniekent/2020/03/28/covid-19-and-your-ira-heres-what-you-need-to-know/#44114e252131IRS Website for Tax Reliefhttps://www.irs.gov/coronavirus-tax-relief-and-economic-impact-paymentsHow Do I File for Unemployment Benefits?https://www.dol.gov/general/topic/unemployment-insuranceSupport the show

Ver todos los episodios