As a small business owner, there’s a good chance you’ve felt the impact of the coronavirus pandemic. Fortunately, the recently passed CARES Act, will help many businesses get the financial support they need to stay above water.

While your retirement accounts have suffered recent losses, stock market corrections can provide financial planning opportunities that help enhance wealth when markets recover.

Stock market downturns like the one we are experiencing now can leave you in a difficult position as you take required minimum distributions (RMDs) from your retirement accounts, such as 401(k)s and traditional IRAs.