The Coronavirus Aid, Relief, and Economic Security (CARES) Act was enacted and signed into law Friday, March 27th, 2020. This bill was introduced as the largest economic relief package in US history. The CARES Act provides emergency assistance to small businesses, increases unemployment benefits, and injects over $130 billion to the health care system among many other provisions. The CARES Act also provides relief for retirees in 2020 while making some smaller adjustments to charitable gifts.
The ABCs of 401k Investing Bias Could Lead to Poor Investment Decisions: Recognition and How to Counter the Problem
A recent study shows that 401(k) plan participants are substantially biased by the alphabetical order in which mutual funds are listed in plan documents when it comes to making investment decisions.
Withum Wealth advisors, Elena Ladygina, CFP® and Tom Farrell, CFP®, CEPA, presented to the Partners’ Network at the Hilton in East Brunswick, NJ.
Withum Wealth Management advisor, Tom Farrell, CFP®, CEPA, was featured on CBS News in the article Smaller Tax Refunds Don’t Mean Higher Tax Payments.