How the CARES Act can help you – relief in a time of great need
If you’ve lost your job or had your hours reduced as a result of the COVID-19 pandemic, take a deep breath before making any hasty moves, like dipping into your retirement savings to cover daily expenses. There are alternatives, such as those laid out in the Coronavirus Aid, Relief, and Economic Security (CARES) Act, to help you meet immediate costs. Knowing you have options and understanding how best to incorporate them into your long-term plans may help ease some concerns.
In our newly launched podcast, listen as our retirement and investment industry experts, Bernadette Mitchell, Ted Beal, Jr. and Christina Anstett discuss key sections of the recently adopted legislation that can help you with urgently needed funds. For more information contact your Financial Professional.