When the Coronavirus Aid, Relief and Economic Security (CARES) Act was passed, it provided relief from unwanted required minimum distributions (RMDs), and the accompanying tax burden, for many Americans by waiving some RMD requirements for 2020. This provided immediate tax relief and allowed some investors to keep their money invested.

The Tug-of-War Between the Bulls and the Bears Continues Editor’s Note: The following section was written on April 30, 2020.

Learn how the CARES Act recovery rebate works, who qualifies, how much you could receive, and how to maximize your payment based on your AGI and tax filing status.

In response to rapidly changing circumstances caused by the COVID-19 pandemic, the U.S. government has passed significant legislation in the past two weeks, culminating with the CARES Act this week. Our Roundtable™ team of specialists has summarized the main points below and will continue to dissect all this legislation and provide continued analysis on our blog.