Coronavirus (COVID-19) and CARES Act Resource Center

Coronavirus (COVID-19) and CARES Act Resource Center

Dedication.
It's what keeps our communities running during difficult times like we are facing today. To those who serve our communities, you have our deepest thanks.

We remain dedicated to serving you.

 

LATEST UPDATES

Check back often for the latest information on the everchanging markets and impacts of the coronavirus.

Coronavirus and the Markets: The Good News and the Realistic News (4/8/2020)
Let's start with the good news. The major indexes scored sizable gains on Monday, April 6, 2020, amid hopes that the coronavirus' (COVID-19) infection rate had hit its peak in New York City and that the proverbial curve is starting to bend due to the physical distancing measures in place. Monday's market gains seemed to indicate that a slower infection rate in New York could mean that the disease is hitting its apex not just in that city, but in the nation as a whole. 

Check Those Numbers: March Unemployment and Coronavirus Testing (4/3/2020)
After notching much-welcomed gains in the wake of the government's $2 trillion stimulus package, the market's abrupt pivot to bullishness seemed to waver as the first quarter wound to a close and the second quarter got underway. In recent days, the market has seen a lot of back-and-forth, indecisive action as traders digested the latest coronavirus (COVID-19) news, along with early reports showing the severity of the economic fallout that the disease is leaving in its wake. 

A Bull Within a Bear Market? (3/31/2020)
The government's sweeping $2 trillion stimulus package last week came as a welcome relief to the market. The far-reaching legislation includes tax refund checks, expanded unemployment aid, loans for large and small businesses, and funding for the nation's health-care system, among other efforts aimed at staunching the economic bleeding. It comes on the heels of massive pushes by the Federal Reserve to shore of up the nation's financial system. 

Video: Market Volatility and Managed Accounts (3/31/2020)
Jason Clark, Senior Financial Planning Manager, addresses concerns about market volatility for participants enrolled in ICMA-RC's Managed Accounts service.

Coronavirus Aid, Relief, and Economic Security Act Signed into Law (3/30/2020)
The $2 trillion stimulus bill, known as the Coronavirus Aid, Relief, and Economic Security (CARES) Act, was signed into law on March 27, 2020, and addresses a range of economic and health-related issues resulting from the COVID-19 pandemic.

 

TRANSITION SERVICES

Learn about employee resources ICMA-RC makes available for life events, such as a job loss or unexpected early retirement.


ADVISORY SERVICES

Guided Pathways Advisory Services can assist participants who are concerned about investing in uncertain times.

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