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