Jeff Levine
The $2.2 trillion, 883-page Coronavirus Aid, Relief, and Economic Security (CARES) Act passed last week, and among numerous other provisions, the bill provides direct payments for most Americans. But the government could hit some bumps in its efforts to distribute the payments, according to planner Jeff Levine.
Before the bill was passed and signed on Friday, Levine — lead "financial planning nerd" for Kitces.com and director of advanced planning for Buckingham Wealth Partners — tweeted away on what's in the mammoth legislation, including details on how the payments would work and the waiver of required minimum distributions from retirement accounts for 2020.
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Janet Levaux
Editor-in-Chief Janet Levaux has covered the financial markets since 1991, with a focus on financial advisors since 2005. After graduating from Yale and the Johns Hopkins School of Advanced International Studies (SAIS), where she studied global economics, Janet worked as a freelance financial and business writer in Japan, and then as a reporter and editor for Investor's Business Daily and the Bay Area News Group in California. She earned an MBA in 2007 and since then has helped lead key ThinkAdvisor projects like its Neal-Award winning reporting on Ken Fisher, Luminaries awards program and Women in Wealth newsletter.
