What the Stimulus Plan Means for Investors
The experts weigh in.
The Coronavirus Aid, Relief and Economic Security (CARES) Act seeks to help workers, retirees, and businesses during the COVID-19-induced economic slowdown.
In addition to providing expanded unemployment benefits and direct cash payments to many, the plan also allows workers to tap into their retirement funds with fewer penalties and retirees to skip required minimum distributions in 2020.
To help investors adeptly navigate among these relief measures, we’re bringing together commentary from tax, retirement, and policy experts. Be sure to visit this page for updates.
The Stimulus Plan and Its Effect on Retirees
Tax and retirement planning expert Ed Slott says investors should tread carefully among the potential provisions, from RMDs to hardship withdrawals and loans.
What Does the CARES Act Mean for Retirement Accounts?
Jeff Levine discusses what's changing and the pros and cons of 401(k) loans versus hardship withdrawals.
How Charitable Giving Is Changing in 2020
As the need for charitable gifts grows, the CARES Act ushers in changes affecting retirees, non-itemizers, and heavy givers.
10 Sources of Emergency Cash Ranked from Best to Worst
The CARES Act makes it easier to gain access to retirement accounts in a pinch, but they're not likely to be your best source of emergency cash.
What if I Already Took My 2020 RMD?
The new stimulus plan suspends required minimum distributions for 2020. Contributor Natalie Choate offers advice to early birds who've already taken RMDs for the year.
Congress to Help Retirees Cope With Market Downturn
Stimulus bill includes provision that suspends required minimum distributions for retirement accounts.
The Next Stimulus Bill Will Need to Bail Out State and Local Governments
As the bill is negotiated, expect some volatility among municipal bonds.
Transparency is how we protect the integrity of our work and keep empowering investors to achieve their goals and dreams. And we have unwavering standards for how we keep that integrity intact, from our research and data to our policies on content and your personal data.
We’d like to share more about how we work and what drives our day-to-day business.
We sell different types of products and services to both investment professionals and individual investors. These products and services are usually sold through license agreements or subscriptions. Our investment management business generates asset-based fees, which are calculated as a percentage of assets under management. We also sell both admissions and sponsorship packages for our investment conferences and advertising on our websites and newsletters.
How we use your information depends on the product and service that you use and your relationship with us. We may use it to:
To learn more about how we handle and protect your data, visit our privacy center.
Maintaining independence and editorial freedom is essential to our mission of empowering investor success. We provide a platform for our authors to report on investments fairly, accurately, and from the investor’s point of view. We also respect individual opinions––they represent the unvarnished thinking of our people and exacting analysis of our research processes. Our authors can publish views that we may or may not agree with, but they show their work, distinguish facts from opinions, and make sure their analysis is clear and in no way misleading or deceptive.
To further protect the integrity of our editorial content, we keep a strict separation between our sales teams and authors to remove any pressure or influence on our analyses and research.
Read our editorial policy to learn more about our process.