Emergencies

June 04, 2020
Five Ways to Manage Financial Stress During COVID-19

Even under the best circumstances, most of us deal with financial stress in our daily lives. With the additional stress that has been placed on many individuals and families as a result of COVID-19 from job loss or changes in income, and uncertainty about the future, financial worries are even more common. Dealing with your…

May 28, 2020
If I receive unemployment insurance, are my benefits taxable?

Unemployment benefits are taxable income. They are subject to federal and state taxes (if your state taxes income). You can choose to withhold 10% in federal taxes from your benefits by completing a W-4V and giving the form to your unemployment office. Some states automatically withhold taxes; some states do not. Go to your state’s…

May 21, 2020
Who qualifies for unemployment benefits during the COVID-19 pandemic?

Unemployment insurance can provide a temporary but vital replacement of earnings during the COVID-19 crisis. Unemployment insurance (UI) is a joint federal-state program. It’s administered by states and provides cash benefits to eligible unemployed workers. In response to COVID-19, qualifying for unemployment has become more flexible. Even if you didn’t qualify for UI in the…

April 22, 2020
5 Things To Do With Your COVID-19 Stimulus Check

The COVID-19 stimulus checks are starting to arrive in bank accounts and mailboxes. If you’re getting one, you may be wondering what to do with this money. First, I will say that the government is issuing this money to families to help with b...

May 25, 2020
Applying for SNAP Benefits if You’re Newly Unemployed

If you’ve lost work or earnings, you may be curious about programs that you can use during this difficult time. Your first move should be to apply for unemployment insurance. This is likely the most valuable benefit, especially while the addi...