We’re here to help.

Start your savings journey by browsing SaverLife resources

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…

What to do if you lose your health insurance during COVID-19

Things in our personal lives are changing at the speed of light right now. Each day there is new information. We are constantly learning how to navigate the changing landscape in which we find ourselves. For many, these changes can include a reduction or complete loss of income and benefits as job hours are reduced…

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 additional $600/week is available through late July 2020. Unemployment insurance often replaces only a portion…

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 unem...

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 off...

Recommended Posts

SaverLife's Editorial Policy

SaverLife is a national nonprofit whose mission is to help working families achieve prosperity through savings. Our free savings programs and educational content are made possible by generous grants from foundations, corporations, and individual donors who are committed to improving the financial well-being of Americans.

The goal of our financial education content is to support SaverLife members to better manage their financial lives and to begin and maintain a savings habit. We take pride in providing you with high-quality, accurate, and unbiased financial information and recommendations based on the advice of our certified financial coaches and other trusted experts.

In keeping with our mission, we do not accept payment for endorsing or recommending products or services. Some of our content may be sponsored by one of our trusted partners, and if so it will be clearly identified.

All information is provided for educational purposes only and is not intended to be financial advice.