Alert: COVID-19 UPDATE – Students should check their student portal for Academic Updates and FAQS regarding exam extensions and testing centers.

The CARES Act Allows You to Tap Retirement Savings—But Should You?

The CARES Act Allows You to Tap Retirement Savings—But Should You?

The American College of Financial Services
MSN Money
May 29, 2020

As the COVID-19 crisis continues, so does the ongoing debate over how advisors can get financial relief for clients hit hard by its economic impact. One well-publicized way is to take out retirement savings funds penalty-free through federal regulations like the CARES Act. But is it wise?

Steve Parrish, co-director of the New York Life Center for Retirement Income, says it might be a mistake to compromise an eventual retirement to make up for short-term financial pain. Learn what alternatives he suggests in this article from MSN Money.

Invest in your career with a professional designation.

Baby Boomers are retiring at an unprecedented rate, meaning that more and more Americans are facing the challenge of using their investments to maintain their quality of life. For them, the usual investment advice no longer applies. They need the unique strategies you can learn through the three-course Retirement Income Certified Professional® (RICP®) designation program. Help your clients thrive while growing your career.

Learn More