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…
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…
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…
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...
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...
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