The Coronavirus Aid, Relief, and Economic Security (CARES) Act was signed into law on March 27, 2020. This $2 trillion emergency relief package represents a bipartisan effort to assist both individuals and businesses in the ongoing coronavirus pandemic and accompanying economic crisis. The CARES Act provisions for retirement plan relief for individuals under federal tax law are discussed here. For …
A top priority for us at Directions Credit Union is the financial safety of our members. Unfortunately, we have recently seen an increase in fraud activity. Criminals are using the current coronavirus pandemic to make their fraud attempts more relevant in addition to preying on people’s concern and fear. To help concerned citizens avoid scams, members of the integrated Directions …
Crisis and disaster headlines typically generate misinformation and scammers try to take advantage of the situation. The novel coronavirus is no different. Scammers want to collect your personal or financial information or get you to download malware to do the same thing. Or they may be selling products they claim to cure or prevent the virus. They will use emails, …
