In response to coronavirus, the CARES Act has been passed. What will this mean for you and your financial planning? Let's look at the three biggest provisions in this stimulus bill.
Read more and get additional resources here: https://coveryourassetskc.com/episode-72-3-key-provisions-in-the-cares-act/
Today's show rundown:
2:11 - What are three key provisions in the CARES Act?
3:14 - Free money will be deposited into the bank accounts of most Americans.
7:21 - The tax filing deadline has been bumped back to July 15.
10:51 - RMDs are not required this year.
14:33 - Bonus: REAL IDs will have another year before being required for travel.
Version: 20240731
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