I hope you have managed to stay healthy so far.
In the world of financial planning this week, the two biggest pieces of news are of course an enormous number of new unemployment claims and the new bailout package (the CARES Act). Jeffrey Levine has done an excellent job providing a brief overview of the various financial planning provisions of the CARES Act:
- Analyzing the CARES Act: From Rebate Checks to Small Business Relief for the Coronavirus Pandemic from Jeffrey Levine
Other Recommended Reading
- Pandemics Depress the Economy, Public Health Interventions Do Not: Evidence from the 1918 Flu from Sergio Correia, Stephan Luck, and Emil Verner
- Paycheck Protection Program Loan: Small Business Life-saver from Steve Nelson
- The 50 Percent Section 2301 Employee Retention Credit from Steve Nelson
- Retirees and Pre-Retirees: You’ve Got This from Christine Benz
- Is It Too Late to Derisk? from Christine Benz
- 10 Financial Planning Actions to Consider During the Pandemic from Jeffrey Levine
- Fulfilling the Implied Promise of Financial Planning from Susan Bradley
- How Market Crashes Happen Without More Bad News from Larry Swedroe
- How Financial Plans Must Adapt to Market Crashes from Michael Finke
As always, thank you for reading.