Business Topics

IRS Stimulus Debit Cards Being Cut Up, Mistakenly Reported As Scam

The IRS is sending out four-million stimulus payments in the form of Visa prepaid debit cards even though most people were expecting checks.

IRS Stimulus Debit Cards Being Cut Up, Mistakenly Reported As Scam
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2020 – Do You Need to Borrow Funds from Your Retirement Account?

Individuals eligible to take coronavirus-related withdrawals from workplace retirement plans may also, until Sept. 22, 2020, be able to borrow as much as $100,000 from those retirement plans. https://go.usa.gov/xfUbu#IRS#COVIDreliefIRS

See The Following Links for More Information

IRS – #CovidRelief – Do You Need A Loan From Your Retirement Acct?

IRS – Notice 2020-50

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United Way Assistance during Covid-19

Housing, food, utility, etc. assistance…

https://www.unitedway.org/recovery/covid19

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FSA’S, & The Changes due to Covid

https://www.thepennyhoarder.com/save-money/fsa-pandemic/?aff_id=178&aff_sub3=MainFeed__save-money/fsa-pandemic/

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Executive Orders – The $400 boost

What do the president’s executive orders mean to you? There’s a good article from The Penny Hoarder, link below

https://www.thepennyhoarder.com/make-money/career/executive-order-unemployment/

Assistance Available, Covid 19, KY - Kentucky Specific Info

TEAM KENTUCKY FUND – Application for Assistance

If you, or someone you know, are seriously affected by what’s happening with Covid 19, you can apply for assistance through the following link. For Further Information, See https://teamkyfund.ky.gov/Default.aspx

TEAMKY FUND APPLICATION

Who Is Overseeing the Team Kentucky Fund?

The Team Kentucky Fund is overseen by the Public Protection Cabinet. The program will be administered through a partnership with the Community Action Kentucky, Inc.

The Public Protection Cabinet (PPC) keeps Kentuckians safe in business, leisure and daily life. We ensure safe and fair operation of some of the most important institutions in the Commonwealth. From sporting events, to building and banking, our diverse agencies share a common goal—providing the best service to every citizen and business in the state.