Sweeping legislation to respond to COVID-19 pandemic was cleared by Congress and signed into law on March 27, 2020. The Coronavirus Aid, Relief, and Economic Security Act (“the CARES Act”) authorizes more than $2 trillion to battle COVID-19 and its economic effects. The law is wide-ranging from support to the health care system’s fight against the coronavirus, as well as direct payments to individuals, expanded unemployment insurance, loans to small and large businesses, and support for state and local governments.
This document provides an overview on retirement investor’s relief in the government’s stimulus bill to help alleviate the financial strains from the coronavirus.
This proposal starts from the premise that the States must be fundamentally accountable for any pandemic business income coverage program because:
• The orders triggering pandemic business income loss originate and terminate as decisions made by the individual States; and
• The responsibility to manage the economic consequences of those individual State decisions should likewise reside with the respective States.
Insights from the Paycheck Protection ProgramJasonSchupp1
Analysis of the Small Business Administration's initial release of data on loans approved under the Paycheck Protection Program as design considerations for a future Pandemic Risk Insurance Program
Business Continuity Protection ProgramJasonSchupp1
On May 21 the National Association of Mutual Insurance Companies (NAMIC), the American Property Casualty Insurance Association (APCIA), and the Independent Insurance Agents & Brokers of America, Inc. (Big “I") released their proposal to address future pandemics: The Business Continuity Protection Program (BCPP).
The Tax Diversify Your Retirement Income with Life Insurance sales presentation will help you understand the importance of tax diversification and the benefits that a Custom Whole Life (CWL) policy can provide. In addition to the traditional benefit of death benefit protection, the cash value of the CWL policy accumulates tax-deferred and can generally be accessed on a tax-free basis*.
Use the concept presentation and other materials to discuss how life insurance not only provides death benefit protection, but can also be a tax diversification tool.
Contact me if you would like to discuss
*The cash value is accessed through policy loans, which accrue interest at the current rate, and cash withdrawals. Loans and withdrawals will decrease the total death benefit and total cash value. The supplemental retirement income is not guaranteed.
I recently returned from the MDRT meeting in Vancouver BC, many of the "big hitters" are using the "Living Benefit" policies because of the "added value" they bring to the client along with "something new and different" to the insurance discussion ( i.e. do you have the "old" insurance or the "new" insurance? etc.) They also mentioned the statistic that 80% of the people will have a Heart, Stroke, or Cancer concerns ( Critical Illness) in their lifetime.
Providence Wealth Partners Keys to investing for retirementBrandonSinger
No matter what our occupations, most of us share a common goal of a comfortable retirement. Almost everyone looks forward to the day when they can retire and enjoy more free time. And so, the investment decisions we make in preparation for that retirement are crucial.
EAG offers unique scenarios for leaving a true legacy. Scholarships, Endowments, major charitable contributions can be accomplished while also leaving to your heirs. Estate Advisors Group offers options for planning Estates. Wills, Trusts, and a unique combination of both are covered! Minimize the Estate Taxes, Cash Out Options, Plan for the Future with EAG! Learn more at http://estateadvisors.blogspot.com/ or http://estateadvisor.wordpress.com Also on YouTube: http://www.youtube.com/watch?v=eed-hrxoglI
This proposal starts from the premise that the States must be fundamentally accountable for any pandemic business income coverage program because:
• The orders triggering pandemic business income loss originate and terminate as decisions made by the individual States; and
• The responsibility to manage the economic consequences of those individual State decisions should likewise reside with the respective States.
Insights from the Paycheck Protection ProgramJasonSchupp1
Analysis of the Small Business Administration's initial release of data on loans approved under the Paycheck Protection Program as design considerations for a future Pandemic Risk Insurance Program
Business Continuity Protection ProgramJasonSchupp1
On May 21 the National Association of Mutual Insurance Companies (NAMIC), the American Property Casualty Insurance Association (APCIA), and the Independent Insurance Agents & Brokers of America, Inc. (Big “I") released their proposal to address future pandemics: The Business Continuity Protection Program (BCPP).
The Tax Diversify Your Retirement Income with Life Insurance sales presentation will help you understand the importance of tax diversification and the benefits that a Custom Whole Life (CWL) policy can provide. In addition to the traditional benefit of death benefit protection, the cash value of the CWL policy accumulates tax-deferred and can generally be accessed on a tax-free basis*.
Use the concept presentation and other materials to discuss how life insurance not only provides death benefit protection, but can also be a tax diversification tool.
Contact me if you would like to discuss
*The cash value is accessed through policy loans, which accrue interest at the current rate, and cash withdrawals. Loans and withdrawals will decrease the total death benefit and total cash value. The supplemental retirement income is not guaranteed.
I recently returned from the MDRT meeting in Vancouver BC, many of the "big hitters" are using the "Living Benefit" policies because of the "added value" they bring to the client along with "something new and different" to the insurance discussion ( i.e. do you have the "old" insurance or the "new" insurance? etc.) They also mentioned the statistic that 80% of the people will have a Heart, Stroke, or Cancer concerns ( Critical Illness) in their lifetime.
Providence Wealth Partners Keys to investing for retirementBrandonSinger
No matter what our occupations, most of us share a common goal of a comfortable retirement. Almost everyone looks forward to the day when they can retire and enjoy more free time. And so, the investment decisions we make in preparation for that retirement are crucial.
EAG offers unique scenarios for leaving a true legacy. Scholarships, Endowments, major charitable contributions can be accomplished while also leaving to your heirs. Estate Advisors Group offers options for planning Estates. Wills, Trusts, and a unique combination of both are covered! Minimize the Estate Taxes, Cash Out Options, Plan for the Future with EAG! Learn more at http://estateadvisors.blogspot.com/ or http://estateadvisor.wordpress.com Also on YouTube: http://www.youtube.com/watch?v=eed-hrxoglI
Leveraging Federal Financial Assistance Programs During COVID-19Kareo
Bill Finerfrock, HBMA Director of Government Affairs, will break down the CARES Act and its associated programs to provide you with key takeaways to help ease financial burdens and maintain current staff levels.
In this webinar, Bill will discuss:
-New Paycheck Protection Program
-Other SBA (Small Business Association) programs
-Medicare Advanced Payment Options
-Provider Lost Revenue Program
Did you know the Tax Benefits to Private Health Insurance?Diversifi
Diversifi Pty Ltd share with you the tax benefits of private health insurance and how you could be saving money. Learn about why you should have private health and if you're eligible.
This report features world capital market performance and a timeline of events for the past quarter. It begins with a global overview, then features the returns of stock and bond asset classes in the US and international markets. The report also illustrates the impact of globally diversified portfolios and features a quarterly topic.
Emerging markets are an important part of a well-diversifed global equity portfolio. However, recent history reminds us that they can be volatile and can perform differently than developed markets. In this article, we provide a longer historical perspective on the performance of emerging markets and the countries that constitute them. We also describe the emerging markets opportunity set and how it has evolved in recent years.
This report features world capital market performance and a timeline of events for the past quarter. It begins with a global overview, then features the returns of stock and bond asset classes in the US and international markets.
The report also illustrates the impact of globally diversified portfolios and features a quarterly topic.
Can Small Cap Stocks Weather the Storm?Susan Langdon
With recession concerns intensifying in the wake of the COVID-19 pandemic, investors may be wondering whether small cap stocks are poised to struggle. Are small companies more vulnerable now than they have been during other periods of economic distress? And what are the implications for the size premium?
This report features world capital market performance and a timeline of events for the past quarter. It begins with a global overview, then features the returns of stock and bond asset classes in the US and international markets. The report also illustrates the impact of globally diversified portfolios and features a quarterly topic.
While the Dow and other indices are frequently interpreted as indicators of broader stock market performance, the stocks composing these indices may not be representative of an investor’s total portfolio.
This report features world capital market performance and a timeline of events for the past quarter. It begins with a global overview, then features the returns of stock and bond asset classes in the US and international markets.
The report also illustrates the impact of globally diversified portfolios and features a quarterly topic.
This report features world capital market performance and a timeline of events for the past quarter. It begins with a global overview, then features the returns of stock and bond asset classes in the US and international markets. The report also illustrates the impact of globally diversified portfolios and features a quarterly topic.
Q2 2019 Quarterly Market Commentary: This report features world capital market performance and a timeline of events for the past quarter. It begins with a global overview, then features the returns of stock and bond asset classes in the US and international markets. The report also illustrates the impact of globally diversified portfolios and features a quarterly topic.
This report features world capital market performance and a timeline of events for the past quarter. It begins with a global overview, then features the returns of stock and bond asset classes in the US and international markets.
The report also illustrates the impact of globally diversified portfolios and features a quarterly topic.
This report features world capital market performance and a timeline of events for the past quarter. It begins with a global overview, then features the returns of stock and bond asset classes in the US and international markets. The report also illustrates the impact of globally diversified portfolios and features a quarterly topic.
This report features world capital market performance and a timeline of events for the past quarter. It begins with a global overview, then features the returns of stock and bond asset classes in the US and international markets. The report also illustrates the impact of globally diversified portfolios and features a quarterly topic.
Q2 2018 Quarterly Market Review: This report features world capital market performance and a timeline of events for the past quarter. It begins with a global overview, then features the returns of stock and bond asset classes in the US and international markets. The report also illustrates the impact of globally diversified portfolios and features a quarterly topic.
This report features world capital market performance and a timeline of events for the past quarter. It begins with a global overview, then features the returns of stock and bond asset classes in the US and international markets. The report also illustrates the impact of globally diversified portfolios and features a quarterly topic.
2017 Q4 Quarterly Market Review by ASI Wealth ManagementSusan Langdon
This report features world capital market performance and a timeline of events for the past quarter. This report illustrates the impact of globally diversified portfolios and features a quarterly topic: Bitcoin Mania
2017 Q3 ASI Wealth Management Quarterly Market ReviewSusan Langdon
This report features world capital market performance and a timeline of events for the past quarter. It begins with a global overview, then features the returns of stock and bond asset classes in the US and international markets.
The report also illustrates the impact of globally diversified portfolios and features a quarterly topic.
The secret way to sell pi coins effortlessly.DOT TECH
Well as we all know pi isn't launched yet. But you can still sell your pi coins effortlessly because some whales in China are interested in holding massive pi coins. And they are willing to pay good money for it. If you are interested in selling I will leave a contact for you. Just telegram this number below. I sold about 3000 pi coins to him and he paid me immediately.
Telegram: @Pi_vendor_247
how to sell pi coins in all Africa Countries.DOT TECH
Yes. You can sell your pi network for other cryptocurrencies like Bitcoin, usdt , Ethereum and other currencies And this is done easily with the help from a pi merchant.
What is a pi merchant ?
Since pi is not launched yet in any exchange. The only way you can sell right now is through merchants.
A verified Pi merchant is someone who buys pi network coins from miners and resell them to investors looking forward to hold massive quantities of pi coins before mainnet launch in 2026.
I will leave the telegram contact of my personal pi merchant to trade with.
@Pi_vendor_247
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If you are looking for a pi coin investor. Then look no further because I have the right one he is a pi vendor (he buy and resell to whales in China). I met him on a crypto conference and ever since I and my friends have sold more than 10k pi coins to him And he bought all and still want more. I will drop his telegram handle below just send him a message.
@Pi_vendor_247
The European Unemployment Puzzle: implications from population agingGRAPE
We study the link between the evolving age structure of the working population and unemployment. We build a large new Keynesian OLG model with a realistic age structure, labor market frictions, sticky prices, and aggregate shocks. Once calibrated to the European economy, we quantify the extent to which demographic changes over the last three decades have contributed to the decline of the unemployment rate. Our findings yield important implications for the future evolution of unemployment given the anticipated further aging of the working population in Europe. We also quantify the implications for optimal monetary policy: lowering inflation volatility becomes less costly in terms of GDP and unemployment volatility, which hints that optimal monetary policy may be more hawkish in an aging society. Finally, our results also propose a partial reversal of the European-US unemployment puzzle due to the fact that the share of young workers is expected to remain robust in the US.
how to sell pi coins effectively (from 50 - 100k pi)DOT TECH
Anywhere in the world, including Africa, America, and Europe, you can sell Pi Network Coins online and receive cash through online payment options.
Pi has not yet been launched on any exchange because we are currently using the confined Mainnet. The planned launch date for Pi is June 28, 2026.
Reselling to investors who want to hold until the mainnet launch in 2026 is currently the sole way to sell.
Consequently, right now. All you need to do is select the right pi network provider.
Who is a pi merchant?
An individual who buys coins from miners on the pi network and resells them to investors hoping to hang onto them until the mainnet is launched is known as a pi merchant.
debuts.
I'll provide you the Telegram username
@Pi_vendor_247
what is the best method to sell pi coins in 2024DOT TECH
The best way to sell your pi coins safely is trading with an exchange..but since pi is not launched in any exchange, and second option is through a VERIFIED pi merchant.
Who is a pi merchant?
A pi merchant is someone who buys pi coins from miners and pioneers and resell them to Investors looking forward to hold massive amounts before mainnet launch in 2026.
I will leave the telegram contact of my personal pi merchant to trade pi coins with.
@Pi_vendor_247
how to sell pi coins on Bitmart crypto exchangeDOT TECH
Yes. Pi network coins can be exchanged but not on bitmart exchange. Because pi network is still in the enclosed mainnet. The only way pioneers are able to trade pi coins is by reselling the pi coins to pi verified merchants.
A verified merchant is someone who buys pi network coins and resell it to exchanges looking forward to hold till mainnet launch.
I will leave the telegram contact of my personal pi merchant to trade with.
@Pi_vendor_247
Latino Buying Power - May 2024 Presentation for Latino CaucusDanay Escanaverino
Unlock the potential of Latino Buying Power with this in-depth SlideShare presentation. Explore how the Latino consumer market is transforming the American economy, driven by their significant buying power, entrepreneurial contributions, and growing influence across various sectors.
**Key Sections Covered:**
1. **Economic Impact:** Understand the profound economic impact of Latino consumers on the U.S. economy. Discover how their increasing purchasing power is fueling growth in key industries and contributing to national economic prosperity.
2. **Buying Power:** Dive into detailed analyses of Latino buying power, including its growth trends, key drivers, and projections for the future. Learn how this influential group’s spending habits are shaping market dynamics and creating opportunities for businesses.
3. **Entrepreneurial Contributions:** Explore the entrepreneurial spirit within the Latino community. Examine how Latino-owned businesses are thriving and contributing to job creation, innovation, and economic diversification.
4. **Workforce Statistics:** Gain insights into the role of Latino workers in the American labor market. Review statistics on employment rates, occupational distribution, and the economic contributions of Latino professionals across various industries.
5. **Media Consumption:** Understand the media consumption habits of Latino audiences. Discover their preferences for digital platforms, television, radio, and social media. Learn how these consumption patterns are influencing advertising strategies and media content.
6. **Education:** Examine the educational achievements and challenges within the Latino community. Review statistics on enrollment, graduation rates, and fields of study. Understand the implications of education on economic mobility and workforce readiness.
7. **Home Ownership:** Explore trends in Latino home ownership. Understand the factors driving home buying decisions, the challenges faced by Latino homeowners, and the impact of home ownership on community stability and economic growth.
This SlideShare provides valuable insights for marketers, business owners, policymakers, and anyone interested in the economic influence of the Latino community. By understanding the various facets of Latino buying power, you can effectively engage with this dynamic and growing market segment.
Equip yourself with the knowledge to leverage Latino buying power, tap into their entrepreneurial spirit, and connect with their unique cultural and consumer preferences. Drive your business success by embracing the economic potential of Latino consumers.
**Keywords:** Latino buying power, economic impact, entrepreneurial contributions, workforce statistics, media consumption, education, home ownership, Latino market, Hispanic buying power, Latino purchasing power.
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What website can I sell pi coins securely.DOT TECH
Currently there are no website or exchange that allow buying or selling of pi coins..
But you can still easily sell pi coins, by reselling it to exchanges/crypto whales interested in holding thousands of pi coins before the mainnet launch.
Who is a pi merchant?
A pi merchant is someone who buys pi coins from miners and resell to these crypto whales and holders of pi..
This is because pi network is not doing any pre-sale. The only way exchanges can get pi is by buying from miners and pi merchants stands in between the miners and the exchanges.
How can I sell my pi coins?
Selling pi coins is really easy, but first you need to migrate to mainnet wallet before you can do that. I will leave the telegram contact of my personal pi merchant to trade with.
Tele-gram.
@Pi_vendor_247
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1. The information provided here is for general informational purposes only and should not be considered an individualized
recommendation or personalized investment advice. The investment strategies mentioned here may not be suitable for
everyone. Each investor needs to review an investment strategy for his or her own situation before making any investment
decision. All expressions of opinion are subject to change without notice in reaction to shifting market conditions. Data
contained herein from third-party providers is obtained from what are considered reliable sources. However, its accuracy,
completeness or reliability cannot be guaranteed.
Resources Used: FINRA | Vanguard | Kiplinger | Merrill Edge
The CARES Act: A Simple Summary for Investors
Sweeping legislation to respond to COVID-19 pandemic was cleared by Congress and signed into
law on March 27, 2020. The Coronavirus Aid, Relief, and Economic Security Act (“the CARES
Act”) authorizes more than $2 trillion to battle COVID-19 and its economic effects. The law is
wide-ranging from support to the health care system’s fight against the coronavirus, as well as
direct payments to individuals, expanded unemployment insurance, loans to small and large
businesses, and support for state and local governments.
This document provides an overview on retirement investor’s relief in the government’s stimulus bill to help
alleviate the financial strains from the coronavirus. The complete CARES Act is available for reading
online.
WAIVER OF EARLY WITHDRAWAL PENALTY
Retirement savers will have more options for coping with the economic impact of the coronavirus.
The act waives the 10% early withdrawal penalty for distributions up to $100,000 from qualified
retirement accounts for those affected by the virus. Further, the income tax due on those
distributions can be spread over three years, and investors have three years to return the funds to
their accounts. The limits on loans from qualified plans also have been increased, to the lesser of
$100,000 or the full vested balance of the account.
Things to consider: Individuals should check with their plan sponsors regarding the CARES Act
relief and think carefully about withdrawing funds set aside for retirement. The economic impacts
of the coronavirus pandemic are forcing many families to make tough financial decisions, yet,
selling investments at a market low means you are locking in that loss rather than waiting for
markets to improve. When you withdraw money from a retirement account, even without a 10
percent penalty, this can have significant impacts on your retirement savings because you lose out
on the compound growth from any funds you withdraw. Absent an urgent need, investors may
want to rely on emergency savings to the extent available, and, remain focused on long term-
financial goals.
Eligibility: You are eligible for a coronavirus-related distributions (CRDs) if you certify that you,
your spouse or dependent is diagnosed with COVID-19 (or SARS-CoV-2) or you experience
certain adverse financial consequences as a result of (i) being quarantined, furloughed or laid off or
having to work reduced hours because of the virus (or disease), (ii) being unable to work due to
lack of child care because of the virus (or disease), (iii) closing or reducing hours of a business
owned or operated by you due to the virus (or disease), or (iv) other factors as determined by the
U.S. Department of Treasury.
2. The information provided here is for general informational purposes only and should not be considered an individualized
recommendation or personalized investment advice. The investment strategies mentioned here may not be suitable for
everyone. Each investor needs to review an investment strategy for his or her own situation before making any investment
decision. All expressions of opinion are subject to change without notice in reaction to shifting market conditions. Data
contained herein from third-party providers is obtained from what are considered reliable sources. However, its accuracy,
completeness or reliability cannot be guaranteed.
Resources Used: FINRA | Vanguard | Kiplinger | Merrill Edge
TEMPORARY WAIVER FOR REQUIRED MINIMUM DISTRIBUTIONS
The CARES Act also will help retirees keep their savings in their retirement accounts. It includes a
temporary waiver for required minimum distributions (RMDs), which applies to both 2020 RMDs
and RMDs due by April 1 for individuals who turned 70½ last year.
Things to consider: The temporary RMD waiver applies to all individuals who were subject to an
RMD requirement in 2020, not just those who may have been impacted by the coronavirus
pandemic. If this waiver applies to you, be sure to monitor any updates to this legislation and make
plans for taking required distributions in 2021.
INCENTIVES FOR CHARITABLE GIVING
$300 Above-the-Line Deduction (Must Take Standard Deduction)
Taxpayers will be able to deduct up to $300 of cash contributions regardless of whether they
itemize deductions, and the limits on charitable deductions for those who do itemize will be
increased.
If you take the standard deduction on your 2020 tax return (the one that you'll file in 2021), you
can claim a brand new "above-the-line" deduction of up to $300 for cash donations to charity you
make this year. Donations to donor advised funds and certain organizations that support charities
are not deductible. Normally, you must itemize on Schedule A to get a tax break for charitable
donations. In this case, though, it is the other way around—if you itemize, you cannot take this
new deduction.
60% of AGI Limit Waived (Must Itemize)
If you itemize on Schedule A of your tax return, you can claim a deduction for your charitable
donations. However, the amount you can deduct for cash contributions is generally limited to 60%
of your adjusted gross income (AGI). Any cash donations over that amount can be carried over for
up to five years and deducted later.
The CARES Act lifts the 60% of AGI limit for cash donations made in 2020 (although there is still
a 100% of AGI limit on all charitable contributions). That means itemizers can deduct more of
their charitable cash contributions this year, which will hopefully boost charitable giving. As with
the new above-the-line deduction, donations to Donor Advised Funds and supporting organizations
do not count.
3. The information provided here is for general informational purposes only and should not be considered an individualized
recommendation or personalized investment advice. The investment strategies mentioned here may not be suitable for
everyone. Each investor needs to review an investment strategy for his or her own situation before making any investment
decision. All expressions of opinion are subject to change without notice in reaction to shifting market conditions. Data
contained herein from third-party providers is obtained from what are considered reliable sources. However, its accuracy,
completeness or reliability cannot be guaranteed.
Resources Used: FINRA | Vanguard | Kiplinger | Merrill Edge
TEMPORARY INCREASE IN AMOUNT FOR RETIREMENT ACCOUNT
LOANS
In general, loans taken from a qualified retirement plan account (401(a), 401(k), 403(b) and
government plans) are limited to the lesser of $50,000 or 50 percent of the participant's vested
balance and must be paid back within five years. The CARES Act doubles these retirement plan
loan limits for qualified individuals eligible for a CRD to the lesser of $100,000 or 100 percent of
the participant's vested account balance. To qualify, the loan must be made within 180 days after
the enactment of the CARES Act. The participant will not owe income tax on the amount
borrowed from the 401(k) if it is paid back within five years.
In addition, qualified individuals with an outstanding loan from their plan (i.e., one taken before
the CARES Act was enacted) with a repayment due between March 27, 2020, and Dec. 31, 2020,
can delay their loan repayments for up to one year, although interest will continue to accrue on
these delayed payments.
Things to consider: Before you determine whether to borrow from your retirement account,
consider some of the advantages and drawbacks to this decision. On the plus side, you usually
don't have to explain why you need the money or how you intend to spend it, the loan fees and
interest rate might be lower than those available on a personal loan or a credit advance, and the
interest you repay is paid back into your account. On the negative side, the money you withdraw
will not grow if it isn't invested, and repayments are made with after-tax dollars that will be taxed
again when you eventually withdraw them from your account. Also, if you lose your job, the loan
generally will be considered a withdrawal on which you must pay income tax.
Importantly, employers may, but are not required to, offer COVID-19-related distributions and
loan relief under their plans.