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Assessor's digital Family Wealth Forum spotlights pandemic personal‑finance options
Summary
Assessor Carmen Chu's first Digital Family Wealth Forum session covered CARES Act stimulus and retirement rules, flexible‑spending/HSA changes, FAFSA/529 advice and practical steps for families managing cash flow during COVID‑19.
The Office of the Assessor hosted a digital Family Wealth Forum during which certified financial planners and CPAs explained key personal‑finance questions for households coping with COVID‑19. Panelists described CARES Act provisions including stimulus payments, expanded access to FSA/HSA purchases (over‑the‑counter medications and feminine hygiene products), and penalties waived for certain retirement withdrawals.
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