On March 27, 2020, the U.S. House of Representatives passed the Coronavirus Aid, Relief, and Economic Security Act (“CARES Act”) that was passed in the U.S. Senate on March 25, 2020. The President signed the bill into law on March 27, 2020. This brief is a summary of provisions contained in the CARES Act that impact retirement plans and IRAs.
The worldwide coronavirus outbreak has caused a very sharp downturn in the economy and world equity markets. While no two downturns have been exactly alike, we offer some context and how it relates to your investment plan.
Last week was the craziest year. Or, at least it felt like a year. Things are changing hour-to-hour now. You’ve heard all the bad news. Frankly, bad news is easy to find right now. However, I’m going to give you 7 pieces of GOOD news that will help you see the light at the end of the tunnel, both on a societal and economic level.
As you’ve no doubt noticed, we’ve entered a period of increased volatility in equity markets. While the threat to human life and potential economic slowdown caused by coronavirus has taken center stage, we believe these movements are being exacerbated by the current US Presidential election cycle. Here are 4 things you should know.
The truth is that it hasn’t mattered much to the US stock market throughout history whether a Republican or Democrat has controlled the White House. Stocks and the US economy have often flourished under both administrations.
