Smart Money Questions

Weekly investing and financial planning wisdom seeking to provide answers to your financial questions with your host, Matt Hausman.

What to Know About the Latest COVID Stimulus Package

Posted on January 7th, 2021

At the end of 2020, Congress passed a $900 billion Covid relief package. We’ll go over some highlights and what you should understand moving forward.

 

Read more and get additional financial resources here: https://wp.me/p9B077-Mu 

 

What we discuss on this episode: 

2:56 - $600 payments

6:51 – PPP loans

8:19 – Unemployment

9:08 – Social Security

10:54 – Qualifying medical expenses

13:05 – Charitable contribution benefits

14:40 – Meal expense deductions

15:32 – Student loans

16:58 – Flexible spending account

18:08 – What’s not in the stimulus package

19:35 – More on student loans

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