Money Today That Matters Tomorrow
Despite an end of federally funded unemployment benefits many unemployed Americans are apparently “lazy” when it comes to returning to work. This is borne out by the over 10 million of open vacancies as the COVID-19 pandemic recedes to the background. Are enhanced unemployment benefits making unemployed workers lazy? For …
Generally most Americans over the long term are not happy working for someone else or being in the corporate rat race. So the idea of being your own boss and controlling your destiny is very appealing. Besides some of the many “get rich quick” schemes on TV, there is one …
Congressional Republican leaders have announced that an extension of the extra $600 weekly unemployment benefit likely won’t happen by the end of July when it is scheduled to expire. This will likely be a big blow to the millions of unemployed Americans who depend on the additional federally funded weekly …
This article provides updates on past, current and proposed stimulus checks. While multiple rounds of payments have been made over the last few years, including those claimed via tax returns, many are asking if the Trump administration will make another round of federal payments to help folks cope with high …
Note: All pandemic unemployment programs ended on September 6, 2021 with no further extensions approved. While retroactive payments were made is some cases for several months following this date, no new or future pandemic related benefits were paid. Currently, only traditional state unemployment benefits are available to unemployed claimants. COVID …
[October Pre Election Update] Millions of Americans are desperately asking, “when will the next stimulus check payment arrive?” However due to the ongoing Congressional stalemate around compromising on a comprehensive stimulus package, the payment of another stimulus check in 2020 continues to be delayed. There have however been some promising …
As the pandemic and COVID outbreaks spread across the country there is increasing pressure on lawmakers to pass an additional stimulus relief package before the end of 2020. While there have been a few proposals (e.g. HEROEs act) that have passed one chamber of Congress, bipartisan support has been non-existent. …
My neighbor and I were talking this weekend and he asked me this question, “Andy, do you think I have enough life insurance coverage from my employer, given Coronavirus/COVID risks if I have to start going back to work next month? Don’t want my kids to be homeless if something …
It’s no secret that it’s been a constant challenge to try and get in touch with someone at your state unemployment office for issues with your unemployment claims (e.g. why is it stuck or on-hold) and/or benefit processing questions. This was exacerbated with extensions to the pandemic unemployment programs that …
I have been getting lots of questions and comments around the Pandemic Unemployment Assistance (PUA) program and delays many unemployed Americans are experiencing getting their benefit payments, especially the latest extensions that are now in place. Here is some more background and some possible reasons for the delayed payments, including …
Great graphic from the CBPP on maximum unemployment insurance benefit duration (in weeks) by state. Unemployment insurance (UI) benefits are state administered and generally most workers are eligible for UI benefits for between 13 to 26 weeks. But with the enhanced unemployment benefits now available under the CARES act, specifically …
Funding for another round of stimulus checks has been passed. You can see more on how and when this will be paid by the IRS and payment issues being experienced by federal beneficiaries (non-filers) in this article. [Update] Congress continues to be at an impasse on agreeing to a stimulus …
This article was updated following the latest round of Enhanced UI extensions and $300 FPUC Payments until September, 6th, 2021. The legislation for the 2021 UI extensions limited back dating for new or initial claims to March 14th, 2021 under the latest ARP (Biden stimulus bill) extension. Further the $300 …
I recently saw an interesting video that asked a number of regular people if they would rather have a million dollars now or take a penny now and double the amount every day for the next 30 days. What would be your choice? As expected, 90% of people chose the …