Podcast: How is the American Rescue Plan Act affecting taxes and the markets?

A new emergency relief package – the American Rescue Plan Act of 2021 – was signed into law on March 11, outlining payments to individuals and funding for federal programs.

The law covers an enormous amount of ground, so to help break it down, JNBA has devoted its latest podcast to some of the key provisions of the Act that directly impact individuals, families, and businesses. One particularly important change is the deadline to file individual 2020 tax returns and pay any tax owed has been extended to May 17, 2021 for both federal and Minnesota tax returns without any penalty or interest being applied.

In this 11-minute discussion, JNBA President Kim Brown is joined by Elise Huston, Advisory Services Manager and leader of JNBA’s Financial Planning Committee, and David Webb, Director of Investment Management and leader of our Investment Committee.

Click the button above to listen.

As always, if you have questions or need anything, please do not hesitate to contact your JNBA Advisory Team.

 

Due to various factors, including changing market conditions and/or applicable laws, the content may no longer be reflective of current opinions or positions. Moreover, you should not assume that any discussion or information contained in this blog serves as the receipt of, or as a substitute for, personalized investment advice from JNBA Financial Advisors, LLC.

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