When you look at the CARES Act, there are two main areas for individuals to focus on: economic impact payments and retirement accounts. The economic impact payments are the checks that everybody is talking about. The check is really a prepayment of a 2020 tax credit. With these credits, every adult is starting out with $1200. I get $1200 and my wife gets $1200. If you are looking at an individual, you get the $1,200 if your income is below $75,000. Once you go above $75,000, you start getting … [Read more...]