We'll teach you strategies on this show that'll help you gain financial independence and win the "game" of retirement. The show features financial advisor & coach Dale Tondryk of Tondryk Wealth Management in Minnetonka, MN and serving the Twin Cities.
Episodes
Thursday Apr 16, 2020
Thursday Apr 16, 2020
The coronavirus pandemic has impacted just about everyone from a physical, emotional or financial standpoint. Now there’s relief on the way in the form of the CARES Act. Find out what this means for you as an investor and a small business owner.
Read more and get additional resources here: https://retirementplaybookpodcast.com/retirement-strategy/ep-10-key-things-to-know-about-the-cares-act/1239/
Today's show rundown:
1:05 – What is Dale doing to keep busy during the quarantine?
5:33 – Let’s look at the CARES Act a little deeper.
6:00 – Tax deadline has been pushed back to July.
7:15 – RMDs are no longer required for 2020.
8:13 – Client story about withdrawing early to pay off a mortgage.
8:55 – What if you’ve taken RMDs already?
10:09 – The recovery rebate for individuals.
11:24 – This is an interesting time for people preparing for retirement.
14:43 – Paycheck protection program for small businesses.
16:49 – Just because it’s offered doesn’t mean you should definitely do it.
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