Ep 68: CARES Act – What CRNAs Need to Know About Coronavirus Aid

As we continue to devote our attention to the ongoing COVID-19 pandemic, let’s move our focus to the aid options for CRNAs. On this episode, we’ll break down the Coronavirus Aid Relief and Economic Security (CARES) Act and explain the ways in which you might be able to get some financial relief during these difficult times. 

Click the timestamps below to help you navigate through the many topics we discussed.

On This Episode:

The coronavirus outbreak has already made a significant impact on the healthcare industry and we are still 2-3 weeks away from its peak.

Many CRNAs are wondering about the relief options they’ll have as employment statuses continue to change across the country. The government recently signed the Coronavirus Aid Relief and Economic Security (CARES) Act which will benefit businesses and individuals by providing income and loan opportunities.

Jeremy Stanley is a Certified Financial Planner ® and is workin closely with CRNAs to help them file for unemployment, recoup lost income, consider their loan options, and other financial planning assistance during this time. In this bonus episode of Beyond the Mask, he’ll help lay out the details of the CARES Act and provide you with a lot of valuable information so you’ll have a better grasp of what your next steps might be.

We’ve also laid out all of the information in this PDF to provide you with a full list of resources and answer FAQs. Click here to download it. 

Check it out at the top of the page and use the timestamps to help you navigate through the many topics we discussed.

[1:41] – Here’s the topic for this episode.

[2:53] – Will CRNAs be able to benefit from the cash payments the stimulus will provide?

[4:18] – What options do people have for withdrawing money from retirement accounts?

[6:33] – You need to have coronavirus-related reasons for taking advantage of this option.

[7:28] – If you’re diagnosed with coronavirus, does it qualify for workers’ comp?

[8:16] – Are you still required to take your RMDs this year?

[9:38] – What unemployment benefits are available?

[12:12] – The loan options available to small business owners.

[15:43] – Paycheck protection program could be very beneficial for CRNAs 

[22:05] – The government is acting quickly and might be rolling more out.

[23:14] – Employee retention credit

[25:02] – The AANA is also providing relief

[27:32] – Let’s all do little things to help each other

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