April 2020 — Issue #31
A Word from the CEO

The last month has been surreal. On the one hand, I, along with the JRB staff and many of you, have been working from the confines of home. On the other hand, I participated in the Global Gathering for Health to celebrate Passover with thousands of Conservative/Masorti Movement members worldwide. This technological community provided a salve that softened the isolation caused by social distancing.

The CARES Act, the $2.2 trillion disaster relief bill passed by Congress, is designed as a salve to soften the economic fallout from the pandemic. The highlight of the bill is the $1,200 payment that most taxpayers will receive. But it also delays the federal income tax filing deadline to July 15, waives Required Minimum Distributions (RMDs) for 2020 and suspends payment of student loans and loans against your retirement accounts. Read our article, "Seven COVID-19 Disaster Relief Benefits for You," for details.

As retirement investors, the JRB advocates a long-term perspective. An article by the JRB's investment consultant, Cammack Retirement Group, "Velocity of Market Downturns," compares how financial markets responded during previous market declines of 20% or more. The article highlights good reasons to think twice before making any major changes in your retirement savings portfolio.

These are trying times for all of us. I urge you to focus on the most important thing — the health of your family, your community and yourself. Also know that you can always turn to the JRB to discuss any concerns you may have about your ability to achieve your financial goals. Please contact us by email or call us at 888-JRB-FREE (572-3733).

L' Shalom,
Seven COVID-19
Relief Benefits for You
The CARES Act provides many benefits to taxpayers including cash payments, an extension of the federal tax filing deadline and a suspension of RMDs in 2020. Here are seven provisions you may find useful.
How Have Markets Performed in
Previous Downturns?
Cammack Retirement Group, the JRB's investment consultant, reports that the current decline in the S&P 500 has been the fastest in history. What can previous recoveries tell us about what to expect this time?

Coming in May!
Israel Bonds Offering

  • Invest in Israel
  • Honor a fund drive pledge
  • Diversify your portfolio

Watch Your Email for Details
Make an appointment to speak with Mitch to discuss how to achieve your financial and retirement goals.
This information is for general purposes only and does not constitute legal, tax, or investment advice.