Posts by Financial Design Studio, Inc.
CARES Act: Coronavirus-Related Retirement Distributions
CARES Act: Coronavirus-Related Retirement Distributions You can take up to $100,000 out of your employer retirement plan (401k, 457, etc) or IRAs without incurring the normal 10% withdrawal penalty. Background: Normally, when you take money out of your 401k or IRA before Age 59-½, you’d have to pay a 10% penalty in addition to income…
Read MoreCARES Act: Recovery Rebates
CARES Act: Recovery Rebates CH.R. 748 (CARES Act) Bill Provisions Over the past few days, we have read through the H.R. 748 (CARES Act) bill and there are some specific items we think you could benefit from, if your short term finances could use the help. Even longer-term there are some items that will affect you.…
Read MoreWhat Is The CARES Act & How Can It Help You During The Pandemic?
What Is The CARES Act & How Can It Help You During The Pandemic? H.R. 748 (CARES Act) Bill Provisions Over the past few days, we have read through the H.R. 748 (CARES Act) bill and there are some specific items we think you could benefit from, if your short term finances could use the…
Read MoreRapid Repose To Coronavirus For The Economy
A lot is happening in response to the spread of the coronavirus. As you all know, many of us are in lock-down, working from home and hoping that these actions help “flatten the curve” on the spread of the virus. The Response Moves by the Federal and State governments to stem the spread…
Read MoreMarch Investment Financial Newsletter
March Investment Financial Newsletter A lot has happened since we published last month’s February Investment Newsletter. At that time, the S&P 500 was making new record highs and economic data was solid. There were very few signs of trouble. Fast forward three short weeks, and the landscape has changed dramatically. The Coronavirus, which started quietly…
Read MoreHow To Create More Cash Flow During The Coronavirus
How To Create More Cash Flow During The Coronavirus Increase Cash flow With These Tips Here are some things you can do if you find that you need more cash flow and have a lower income. We will go through some tips of what you should always do, but especially now with Covid-19 income changes. …
Read More