E.g., 06/07/2021
E.g., 06/07/2021
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  | Financial Decisions

How to prepare for an unusual tax season

A year as unusual and challenging as 2020 means there may be some additional factors that can impact your tax return, from stimulus payments, potential job changes and unemployment benefits, to virtual work transitions and more.
In times of crisis, Americans pull together and work to support at-risk communities. The COVID-19 outbreak and the corresponding shutdown have changed the lives of nearly every American, but the disabilities and special needs community is particularly affected. Through its Voya Cares® program, Voya is here to help with some specific ideas, resources and solutions that you can take action on today.
The past several months have been a difficult time for the many people across the country battling the global Covid-19 pandemic. The impacts reached almost every person, from essential employees and those who contracted the virus, to the general population sheltering in place to minimize the spread of the disease.
Assuming that there is no change in a person's spending or professional income and assuming that they are spending less than they earn and doing something productive with it, then over a long period of time a person's net worth should start to accelerate. But what if it doesn't? Take a look a this case example to learn more.

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