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Monthly Archives: July 2020

IRS Clarifies COVID-19 Relief Measures for Retirement Savers

July 31, 2020

The Coronavirus Aid, Relief, and Economic Security (CARES) Act passed in March 2020 ushered in several measures designed to help IRA and retirement plan account holders cope with financial fallout from the virus. The rules were welcome relief to many people, but left questions about the details unanswered. In late June, the IRS released Notices … Continue reading IRS Clarifies COVID-19 Relief Measures for Retirement Savers


Mid-Week Market Minute 07.29.20

July 30, 2020

All eyes were on the Federal Reserve this week following the conclusion of its two-day meeting on Wednesday. As anticipated, the Federal Open Market Committee (FOMC) held the funds rate target range steady at 0-0.25% while maintaining its forward guidance for monetary policy. In addition, the Fed reiterated their commitment to using all tools necessary … Continue reading Mid-Week Market Minute 07.29.20