Jeff Levine

The $2.2trillion, 883-pageCoronavirus Aid, Relief, and EconomicSecurity  (CARES) Act passed last week, and amongnumerous other provisions, the bill provides direct payments formost Americans. But the government could hit some bumps in itsefforts to distribute the payments, according to planner JeffLevine.

Before the bill was passed andsigned on Friday, Levine  lead"financial planning nerd" for Kitces.com and director of advancedplanning for Buckingham Wealth Partners  tweeted away on what's in the mammothlegislation, including details on how the payments would work andthe waiver of required minimum distributions from retirementaccounts for 2020.

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Janet Levaux

Editor-in-Chief Janet Levaux has covered the financial markets since 1991, with a focus on financial advisors since 2005. After graduating from Yale and the Johns Hopkins School of Advanced International Studies (SAIS), where she studied global economics, Janet worked as a freelance financial and business writer in Japan, and then as a reporter and editor for Investor's Business Daily and the Bay Area News Group in California. She earned an MBA in 2007 and since then has helped lead key ThinkAdvisor projects like its Neal-Award winning reporting on Ken Fisher, Luminaries awards program and Women in Wealth newsletter.