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11 Ways the CARES Act and Government Measures Can Support You


The year 2020 has been unprecedented, with challenges ranging from a global pandemic to economic uncertainty. However, amidst the turbulence, various government measures, notably the CARES Act, have been implemented to provide support. In this article, we’ll explore 11 ways these measures can assist you during these trying times.

Stimulus Checks: Direct Financial Relief

The CARES Act initiated stimulus checks, providing direct financial assistance to individuals and families. Learn about eligibility criteria and ensure you’ve received the support you’re entitled to.

Enhanced Unemployment Benefits: A Safety Net

For those facing job loss or reduced hours, the CARES Act bolstered unemployment benefits. Understand the extended benefits and additional assistance available to support your financial stability.

Student Loan Relief: Temporary Reprieve

Temporary relief measures, such as the suspension of federal student loan payments, can ease the burden for borrowers. Explore how these measures can offer breathing room for your finances.

Mortgage Forbearance: Keeping a Roof Over Your Head

If you’re facing challenges with mortgage payments, government-backed mortgage forbearance programs may provide temporary relief. Learn about the options available to homeowners.

Small Business Aid: Sustaining Entrepreneurship

Small businesses have been significantly impacted. Discover how government aid programs can provide financial support and resources to help sustain your entrepreneurial ventures.

Healthcare Access: Telehealth and Testing Coverage

Amidst health concerns, the expansion of telehealth services and increased coverage for COVID-19 testing aim to ensure broader access to healthcare. Know your options for staying healthy.

Retirement Account Flexibility: Navigating Market Volatility

The CARES Act introduced provisions for retirement account flexibility. Explore how you can leverage these changes to navigate market volatility and secure your financial future.

Charitable Deductions: Support and Tax Benefits

Increased tax incentives for charitable contributions were introduced. Learn how your support for charitable causes can not only make a difference but also provide potential tax benefits.

Employee Retention Credit: Aiding Employers

For businesses retaining employees during challenging times, the Employee Retention Credit can offer financial relief. Understand how this credit works and whether your employer is eligible.

Paid Leave for Employees: Balancing Work and Health

The Families First Coronavirus Response Act mandated paid leave for eligible employees. Know your rights and the support available if you or your loved ones face health-related challenges.

Housing Protections: Eviction Moratoriums

Eviction moratoriums have been implemented to protect renters during the pandemic. Familiarize yourself with the guidelines in place to ensure you’re aware of your rights.


In the face of adversity, the CARES Act and other government measures aim to provide support across various aspects of life. By understanding and leveraging these initiatives, you can navigate the challenges of 2020 more effectively. Stay informed, explore the available resources, and adapt to the changing landscape with resilience and confidence.