In this episode, Melissa Joy, CFP®, and Catalina Kaiyoorawongs, cofounder of LoanSense and student loan expert, discuss options to manage student loans and how borrowers can access the millions in federal student loan relief funds to get out of student debt. You will learn: Why loan refinancing may not be optimal in your situation. How…
Perspective on the current COVID-19 economic and market environment as it relates to previous market cycles, key provisions of the CARES act, and what recovery from here looks like. Melissa Fradenburg highlights provisions of the new CARES Act fiscal stimulus. • Rebate check details • Unemployment insurance expansion • Student loan relief • Adjustments to…
Recovery Rebates Americans with income under $75,000 if filing single or $150,000 if married filing jointly will receive $1,200 and $2,400 respectively with an additional $500 for children under age 17. There is a phaseout for incomes above the thresholds. Determination of eligibility will be made based upon your most recent tax return filed,…