Government COVID-19 Relief Plans

Government COVID-19 Relief Plans

With so much confusion as to whether the federal government’s Covid-19 emergency relief initiative can help rescue you from a tough financial situation, we set out to get the facts. For those of you with existing 401(k) retirement plans there is good news; there may be important benefits available to you:

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How Benefits Can Help Pay Your Life Insurance

  • Provides immediate cash value.
  • Use the money to pay your premiums for the rest of your life.
  • Provides you and your family with protection and guarantees.
  • Provides you with significant tax-free health benefits.
  • Provides your family with tax-free death benefits.

Deadline: The Covid-19 emergency rules on loans expires September 23rd; the distribution guideline’s end date is Dec. 31st.