COVID-19 has impacted every aspect of your life, and you may find yourself facing tough financial questions. To help provide much-needed financial relief to individuals, families and businesses, lawmakers have been busy passing legislation, like the Coronavirus Aid, Relief, and Economic Security (CARES) Act, for example.
As the largest federal response in history, some of the components of the CARES Act and other recently passed legislation that may impact you include:
You may qualify to receive a check or direct deposit. Amounts typically begin at $1,200 and may go up and down depending on tax-filing status, household income, and number of children.
Comprehensive private health insurance plans are required to cover COVID-19 testing and related services.
Many employers must provide two full weeks of emergency paid leave for employees who are isolated or sick due to COVID-19. This also applies for people caring for someone under quarantine.
States have the option of expanding their unemployment insurance programs with federal funds for those who qualify based on coronavirus impact.
We understand this pandemic may have impacted your financial situation. In fact, a recent COUNTRY Financial® survey shows nearly 75% of Americans say their top financial goal since COVID-19 is having enough income to pay day-to-day expenses or saving for an emergency fund1.
That’s where we step in.
We’re here to help you look at your complete financial picture and discuss solutions to give you peace of mind and keep your future goals in check.
When your income and expenses change, so should your budget. An accurate budget can help you find short-term solutions for your long-term goals.
Keep your budget in check with our calculator.
1 The COUNTRY Financial Security Index® survey of 1030 U.S. adults, fielded by market researcher Ipsos.
COUNTRY Financial® is a family of affiliated companies (collectively, COUNTRY) located in Bloomington, IL. Learn more about who we are.