Skip to content 
Take Aways: 1. Periodic lockdowns may continue from time to time. It may now be a part of life. 2. Lockdowns and social distancing have accelerated the growth of the so called “shut-in economy”. Get to know that term. 3. Growth in remote working and remote learning will accelerate. Understandably those whose livelihoods are threatened […]
The Shut In Economy Read More »
https://home.treasury.gov/system/files/136/PPP–Fact-Sheet.pdf CARES Act Penalty-Free Distributions Who can apply? Individuals with an IRA, SEP, SIMPLE, 401(k), 457, 403(b), or DB plan Is there a time limit to apply? Yes — End of the year Who do you apply with? N/A Maximum loan size? $100,000 capped at participant’s account Term? End of third calendar year Deferment? End of third calendar year Interest rate? 0% if
PAYCHECK PROTECTION PROGRAM (PPP) INFORMATION SHEET: BORROWERS Read More »
Take Aways: 1. As we enter summer, politicians face a very very serious dilemma. 2. The economic downturn is disproportionately affecting lower income groups 3. Income inequality may rise within certain nations 4. Aside from worsening poverty, other potentially negative outcomes include, spikes in mental illness, suicides, domestic violence, crime, and malnutrition 5. Economic inequality
Pandemic Lockdowns may exacerbate Inequality Read More »