401(k) to IRA Rollover Rules Under the CARES Act
You can perform a 401(k) to IRA rollover, however, under the spirit of the CARES Act, money distributed from a 401(k) should not be rolled to an IRA.
Borrow From a 401(k) – CARES ACT
On March 27, 2020, the President signed the $2 trillion stimulus package called the CARES Act – the Coronavirus Aid, Relief, and Economic Security Act. The primary purpose of the Act is that boosts unemployment insurance payouts and aims to send relief checks to many Americans. The CARES Act included many important retirement related provisions that […]
How the Solo 401(k) Plan Saved My Business During the COVID-19 Pandemic
The Solo 401(k) plan saved my business – learn how self-employed used their retirement savings to take advantage of CARES Act relief aid.
COVID-19 And Socialized Medicine – Episode 232
Adam Bergman discusses his experience with a family member in Canada who has tested positive for COVID-19 and their dealings with socialized medicine.
RMDs in 2020 – Should You Take It?
The CARES Act eliminated Required Minimum Deductions for 2020. But there may be reasons why you still need to take them. You can.
SBA PPP Loan Guidance – Episode 230
IRA Financial’s Adam Bergman discusses the brand new regulations the SBA has introduced about their Payroll Protection Program loan for small businesses. Adam Bergman Talks · Episode 230 – SBA PPP Loan Guidance In this bonus podcast, Mr. Bergman wants to talk in depth about the PPP loan and the new guidance the SBA has […]
Aid for Gig Workers Plus the Solo 401(k)
Aid for gig workers has been included in the CARES Act. It’s important that you save with a Solo 401(k) to take full advantage of the stimulus package.
Should Small Business Owners Pay Rent? – Episode 226
Many businesses are closed due to COVID-19. Adam Bergman speaks with Michael Tobin, Esq., asking should small business owners pay rent right now.
Applying for an SBA Loan – Episode 225
IRA Financial’s Adam Bergman discusses his experiences applying for the SBA loans available to small business owners due to the CARES Act.
No RMDs for 2020 – What You Need to Know
No RMDs are required for 2020 thanks to the CARES Act. Required distributions, normally due once you reach age 72, are waived until next year.
