The recently enacted Coronavirus Aid, Relief, and Economic Security Act (CARES Act) is a stimulus package that offers Americans a bridge to short-term financial survival.
In this episode, Laura Gregg and David Partain are joined by Susan Czochara and Lee Freitag from Northern Trust Asset Management to walk you through the CARES Act. They discuss the provisions that are aimed at providing relief for retirement investors’ short-term funding needs, plus the options that are available to individuals, families, and small businesses during the COVID-19 crisis.
In this episode, you will learn:
- What the CARES Act is
- How the CARES Act might affect IRA contributions and distributions
- About the Paycheck Protection Program for small businesses
- How advisors can help investors balance the need to support short-term funding needs versus remaining focused on long-term investment goals
- And more!
Tune in now for insights on the CARE Act.