On this episode of "On the Money" Paul Ruedi of Ruedi Wealth Management discusses the economy and features of the CARES Act with David Ruedi and Dr. Fred Giertz.
(1:33) Caller Question: What are your opinions on Alan Greenspan as Fed Chair? Were the budget surpluses of the 90’s just an “accounting trick?”
(9:06) The risk you never saw coming
(16:06) Policy decisions before the depression vs. now
(19:14) Coronavirus and state government finances
(29:25) Caller Question: The stimulus checks are going to be sent out but the address on my taxes is no longer valid, and I need to give them my information for direct deposit. What do I do?
(33:31) Caller Opinion: People should have the choice to reopen small businesses.
(36:17) Required minimum distributions suspended for 2020
(40:42) Borrowing or withdrawing from your 401k amid the Coronavirus
(44:08) OTC expenses can be paid for with HSAs and FSAs
(44:37) Unemployment expanded