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What can you tell me about the retirement account changes that Congress recently passed in response to the coronavirus...
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The Coronavirus Aid, Relief, and Economic Security Act authorizes the IRS to send payments to approximately 160 million taxpayers. The payments are up to $1,200 for individuals and $2,400 for married couples. There is an additional $500 per qualified child. A family of four could receive a very welcome payment of $3,400. The Economic Impact Payments (EIPs) have been largely distributed. The initial EIPs were sent through direct deposit. The next group of payments was made through distribution of paper checks. The final approximately four million EIPs are being sent in plain envelopes that contain a prepaid debit card. The envelope will come from "Money Network Cardholder Services." The prepaid debit cards will not have fees. They may be used for purchases anywhere a Visa card is...
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"Who would take care of our children? I am not sure anyone would be willing to accept that responsibility," remarked...
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• Ollie's Reports Earnings
• Treasury Yields Drop Further
• Mortgage Rates Sink Further