This past week, the President signed a $2T relief bill to offer assistance to Americans affected by the COVID-19 pandemic. This episode explains a few of the provisions of the bill: direct payment eligibility, impact on student loan payments, retirement accounts and expanded unemployment benefits.

Full text of CARES Act

Sources:

https://www.latimes.com/politics/story/2020-03-26/coronavirus-stimulus-package-versus-recovery-act

https://www.nytimes.com/article/coronavirus-stimulus-package-questions-answers.html

https://www.npr.org/2020/03/26/821457551/whats-inside-the-senate-s-2-trillion-coronavirus-aid-package