Eviction Bans, $600 Unemployment Payments, And Student Loan Forbearance: Here’s When The Key Benefits Of The CARES Act Expire

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Congress is scrambling to pass another stimulus law before time runs out.

) expires Saturday, July 25; landlords are still required to give 30 days notice before beginning eviction proceedings.

A moratorium on foreclosures for buildings with federally backed mortgages won't expire until August 31.—expire on July 31, but the last payments will go out on July 25 or July 26, depending on the state. The Pandemic Unemployment Assistance program, which provides federal aid for freelancers and independent contractors not eligible for standard unemployment insurance, will continue through December 31, 2020. Penalty-free early withdrawals of

from 401s, IRAs, and other eligible retirement accounts are allowed through December 31, 2020; required minimum distributions are also suspended for the year. Senate Republicans are expected to unveil their proposal for the next round of stimulus legislation early next week.

 

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I. Daniel... Da_Dorlar

Stop the $600. They’re watching Netflix and laughing

'Scrambling'

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