pandemic
Stimulus Checks Dominate the News
President Trump signed the latest Covid relief bill on Sunday, ending the standoff and clearing the way for much-needed financial relief for Americans suffering from the pandemic’s economic devastation. The measure also paves the way for additional funding for most Americans in…
Details Emerging on Senate Pandemic Relief Proposals
Senior Forbes contributor Kelly Phillips Erb takes a look at some of the potential outcomes of the pandemic relief bills being crafted in the Senate, noting that the “Health, Economic Assistance, Liability Protection, and Schools (HEALS) Act is a compendium of…
Another Stimulus? Maybe, Maybe Not. Things Social Security Beneficiaries Need to Know.
The “Heroes Act”–the follow-up to the CARES Act signed in March–has been passed by the House but is under debate in the Senate at this point. The outcome is uncertain, but the rumor mill is heating up with respect to…
Stimulus Update: Decoding the Messages Associated with the the “Get My Payment tool”
People anxious to determine the whereabouts of their economic impact (stimulus) payment have reported some confusion with a frequently received ‘Payment status not available’ message. CNN’s Katie Lobosco, in a post on www.kmov.com, sheds some light on what this cryptic message might actually…
401k Loan Limits and the COVID-19 Pandemic Impact
The Coronavirus Aid, Relief, and Economic Security (CARES) Act signed into law March 27 offers some much-needed financial relief for folks battered by the pandemic’s economic fallout. In addition to cash payments, improved unemployment benefits, small business support, and other…
Economic Impact Payments: What We Know (As of Today)
The most recent press release from the Social Security Administration (SSA) reiterated what is believed to be the current guidance on economic impact payments (a.k.a. stimulus checks) at this point in the unfolding implementation of the Coronavirus Aid, Relief, and Economic Security…
COVID-19 and Your Decision to Claim Social Security Benefits
Those who have been weighing their options for Social Security benefits know that filing early (i.e. before their full retirement age – FRA) will result in a reduction from their FRA benefit. Likewise, they know that deferring their filing beyond…
Medicare and Costs Related to COVID-19
There are quite a few fast-moving parts involved with the evolving coronavirus pandemic, and one of the more frequently asked question areas these days is the handling of costs associated with COVID-19 testing and treatment. To address these questions, the…
SSA Offers Extensive Q&A Covering Their Services During Pandemic
Offering a host of guidelines on their operations and operational status during the coronavirus pandemic, the Social Security Administration published an advisory to the public designed to address likely concerns in the days and weeks ahead. The advisory addresses payment…
Scammer Alert: The Crooks Are Taking Advantage of Coronavirus Hysteria
Even as the U.S. Senate scrambles to construct an appropriate package to combat the coronavirus pandemic’s economic impact, the scammers are busy looking for ways to fleece the unsuspecting. This post by the Federal Trade Commission’s Jennifer Leach leads with this…