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1 min read

NAIFA-FL Gets Behind COVID-19 Liability Shield Bills

By NAIFA on Jan 20, 2021 9:18:07 AM

NAIFA-FL supports two bills that provide several COVID-19-related liability protections for businesses, educational institutions, government entities, religious organizations, and other entities.

Topics: State Advocacy COVID-19
4 min read

A Deeper Dive Look at Amendments to the Paycheck Protection Program

By NAIFA on Dec 22, 2020 11:55:07 AM

As we posted earlier, agreement has come together at the final hour on the much-anticipated COVID-19 relief and government-funding legislation. The 5,593-page legislation is expected to be signed by President Trump today.

Topics: Advocacy COVID-19
1 min read

Congress Expands Paycheck Protection Program in $900 Billion Relief Bill

By NAIFA on Dec 22, 2020 8:42:45 AM

Congress has agreed to a $900 billion COVID-19 stimulus package to assist American individuals and businesses impacted by the pandemic. The legislation includes stimulus checks of up to $600 per person, including children. The amount diminishes for individuals with incomes reported above $75,000 in 2019, while those who earned more than $87,000 are not eligible. The package would also extend federal unemployment benefits by up to $300 per week through the middle of March.

Topics: Advocacy COVID-19
3 min read

NAIFA Supports COVID-19 Liability Shields

By NAIFA on Dec 2, 2020 7:31:02 PM

State lawmakers across the country are grappling with different solutions to quell business owners’ fears of legal liability as the pandemic threatens to loom for many months yet to come. NAIFA is encouraging lawmakers to pass bills that would enact liability immunity for businesses to protect them from a barrage of civil lawsuits related to the exposure to COVID-19.

Topics: Advocacy State Advocacy COVID-19
3 min read

NAIFA Webinar:  COVID-19 Executive Actions in August

By NAIFA on Aug 28, 2020 10:39:57 AM

View the Webinar On-Demand

Topics: Advocacy Tax COVID-19
1 min read

ALI Survey Finds Growing Concern Among Workers Planning for Retirement

By NAIFA on Jul 29, 2020 1:26:23 PM

A new survey by the Alliance for Lifetime Income (ALI) finds that 70% of older working Americans with at least $100,000 in assets are more pessimistic about their retirement plans because of the COVID-19 pandemic. One-in-five of these workers, or approximately 3.2 million Americans, now plans to retire later than they had anticipated. ALI notes that the number would likely be much higher had the survey also included older workers with less than $100,000 in assets.

Topics: Annuities Retirement Planning Legislative & Regulatory COVID-19
5 min read

Pandemic, PPP and Policy

By NAIFA on Jul 24, 2020 4:52:31 PM

This special NAIFA webinar provided Paycheck Protection Program updates and information on COVID-19 amendments to the Family Medica Leave Act that insurance and financial professionals need to know. NAIFA members may view the webinar on-demand. If you are not a NAIFA member, please join.

Topics: Legislative & Regulatory COVID-19
1 min read

IRS Provides Flexibility on RMD Rollovers for 2020

By NAIFA on Jul 24, 2020 4:43:03 PM

The CARES Act, signed into law in late March, waives the 2020 required minimum distribution (RMD) for IRAs and defined contribution plans, like 401(k)s and 403(b)s. This provides owners of these products flexibility and prevents them from having to draw down their plans while facing COVID-19-related market volatility.

Topics: COVID-19 Retirement Plans
2 min read

Expert Panel to Provide New Insights on the Paycheck Protection Program to NAIFA Members

By NAIFA on Jul 17, 2020 3:58:47 PM

The federal Paycheck Protection Program (PPP) has provided more than $517 billion in COVID-19 relief loans to nearly 5 million employers across the United States. Nearly 170,000 loans have gone to companies in the finance and insurance sector, while many more have gone to small businesses served by NAIFA members and other financial professionals. As of July 7, more than $130 billion remained in PPP funding, according to the Small Business Administration.

Topics: Legislative & Regulatory COVID-19
1 min read

SBA and Treasury Announce New EZ and Revised Full Forgiveness Applications for the Paycheck Protection Program

By NAIFA on Jun 17, 2020 5:27:02 PM

On June 17, the U.S. Small Business Administration, in consultation with the Department of the Treasury, posted a revised, borrower-friendly Paycheck Protection Program (PPP) loan forgiveness application implementing the PPP Flexibility Act of 2020, signed into law by President Trump on June 5, 2020.  In addition to revising the full forgiveness application, SBA also published a new EZ version of the forgiveness application that applies to borrowers that:

Topics: Legislative & Regulatory COVID-19

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