Answering Your Stimulus Questions

Answering Your Stimulus Questions

by Brandon Miller on Apr 3, 2020

Hooray, we finally have something to cheer—a stimulus package offering some much-needed help. There’s a lot to unpack in the $2 trillion Coronavirus Aid, Relief, and Economic Security (CARES) Act, including benefits you may be eligible for even if you won’t receive a stimulus check. 

A few of the things we’ll touch on include:

  • Who is eligible for stimulus checks and how much
  • The loans and loan guarantees for small business owners
  • How much of your retirement plan you can withdrawal without penalty before age 59 ½ 
  • New rules for retirement account distributions and inherited accounts

This video is for general informational purposes and all opinions expressed therein constitute the judgment of the presenter(s) as of the date of the recording. These opinions are subject to change without notice and are not intended to provide specific advice or recommendations for any individual situation or on any specific security. The material has been gathered from sources believed to be reliable, however Brio cannot guarantee the accuracy or completeness of such information, and certain information presented here may have been condensed or summarized from its original source.  Brio does not provide tax or legal advice, and nothing contained in these materials should be taken as such. To determine which investments may be appropriate for you, consult your financial advisor prior to investing. As always please remember investing involves risk and possible loss of principal capital and past performance does not guarantee future returns; please seek advice from a licensed professional. Advisory services are only offered to clients or prospective clients where Brio and its representatives are properly licensed or exempt from licensure. No advice may be rendered by Brio unless a client service agreement is in place.