I wanted to share some information with you regarding the the Coronavirus Aid Relief and Economic Security Act (CARES Act). This was passed on Friday, March 27, 2020 and will provide economic assistance to millions of people affected by the Coronavirus.
There will be stimulus payments, expanded unemployment coverage, different retirement account rules, and more as a result of the CARES Act. All the details can be found here.
I hope everyone is doing well and staying safe. Please find your stock market update below.
Joel Johnson, CFP®
CEO and Managing Partner, Johnson Brunetti