The CARES act has provided an unprecedented stimulus to the US economy. In this episode, Adam and Michael discuss the benefits in the CARES act and how those benefits may provide relief not only to individual Americans but also the impact on the overall economy. They also discuss the size of the stimulus in relation to other historic stimulus packages and explore what the potential impact may be to the economic recovery.
Retirement Withdrawals During Uncertain Times
https://assetbuilder.com/knowledge-center/articles/retirement-withdrawals-during-uncertain-times
CARES Act overview
https://home.treasury.gov/policy-issues/cares
Specific info for small businesses
https://www.sbc.senate.gov/public/index.cfm/guide-to-the-cares-act
Link to CARES act bill
https://www.congress.gov/116/bills/hr748/BILLS-116hr748enr.pdf
Short term economic effects of the cares act
https://budgetmodel.wharton.upenn.edu/issues/2020/4/8/short-run-effects-of-the-cares-act
Meet the Hosts
https://assetbuilder.com/podcast
Tax Planning for the Tax Cuts & Jobs Act Sunset
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