Retirement Planning in 2020

Congress and the White House responded with legislation in early Spring which included the Paycheck Protection Program (PPP) and the Coronavirus Aid, Relief, and Economic Security (CARES) Act. Let’s take a moment to study how the CARES Act affected retirement. Many account values were and still may be low compared to December 31, 2019. This means for 2020 individuals will not be forced to take withdrawals. Hopefully, this waiver for 2020 will allow the retirement investment time to recover.

Cash & Financial S..., Health Care, Life PlanningCrawford KnottNovember 3, 2020Holden Moss CPAcoronavirus, covid-19, retirement, CARES Act, paycheck protection program, PPP