The federal government is providing a little economic relief to many taxpayers. The Internal Revenue Service is sending millions of Economic Impact Payments – or as they are commonly called, stimulus checks – to households.

Are you or someone you know currently making federal student loan payments? In light of the COVID-19 pandemic, some welcome relief may be on the way.

What is a Roth Conversion? A Roth conversion refers to the transfer of an Individual Retirement Account (IRA), either Traditional, SIMPLE, or SEP-IRA, into a Roth IRA. With Roth IRAs, you pay tax on the money before it transfers into the account.

Recently, the $2 trillion “Coronavirus Aid, Relief, and Economic Security” (“CARES”) Act was signed into law. The CARES Act is designed to help those most impacted by the COVID-19 pandemic, while also providing key provisions that may benefit retirees.

Until January 2020, most of us had never heard of the coronavirus (COVID-19). Now, we are not only grappling with the fear of the virus itself, but also its uncertain impact on the global economy and in our daily lives. Most importantly, there is a real human impact and tragedy. We don’t know how many people are going to fall ill or worse. Our first thoughts are with those people and their families. We urge you all to stay safe and take care of yourselves.