Andy | Saving to Invest

Why the Bond Markets Imminent Crash May Be Exaggerated

Apparently the bond market is heading for a big time crash after a nearly 25 year boom based on the outflow from bond funds (mutual and ETF) as prices tumbled. The main driver behind this is the expected rise in interest rates driven by the Federal Reserve, which uses interest…

2022 Year End Tax Moves You Can Start Making Now For 2023 Filing

With year-end around the corner most people are far more focused on holiday shopping rather than on reducing their tax liability. But the fact is that unless you make tax saving moves before year end, you may end up paying Uncle Sam (a.k.a the IRS) a lot more than you…

Will My PUA and PEUC Unemployment Benefits End Even if I Have a Balance or Weeks Left to Claim at Year End

Regardless of when UI claims started and how many weeks of enhanced PUA or PEUC benefits are available (up to the 75 week maximum), ALL enhanced unemployment benefit program claims are currently set to expire September 4, 2021. The supplementary $300 FPUC weekly payment and $100 MEUC program payments will also end for…

Have Unemployment Benefits been Extended with PUA and PEUC Benefits and COVID Enhanced Unemployment Payments Running Out

[Latest Update] Congress had passed several bills over the last year that included unemployment benefit extensions and an additional $300 weekly supplementary payment. These new stimulus funding measures extended PUA and PEUC programs till September 6th, 2021 (unless extended further). It also allowed those with existing balances to rollover remaining weeks and additional weeks for…

Why Even High-Income Earners Are Not That Far From The Edge of Poverty

Despite earning more than $100,000 in household income many people still feel that they are living month-to-month and that a loss of employment or sudden medical emergency could easily move them from upper middle class to low income earners. This feeling of being on the “edge” of poverty, despite these…

2021 American Jobs Stimulus Plan And More Government Money For Infrastructure and Middle Class Families – News and Updates

This article provides the latest on the various Biden Stimulus or Spending plans put forward in 2021. Jump to the relevant one via the links below 2021 Bipartisan Infrastructure Package The US Senate has now passed a $1.2 trillion infrastructure package - called the Infrastructure Investment and Jobs Act (IIJA)…

What Happens Now With Extra Unemployment and $300 Payments Ending?

See this article for the latest on the end and possible extension of unemployment benefits. With funding for the weekly $300 Lost Wages Assistance (LWA) program having run out after only six weeks and the $600 FPUC payment expiring back in July most Americans are going to go back to…

Stimulus Bill Update $916 vs $908 billion proposals – Extra Unemployment and Another Round of Stimulus Checks

So looks like there are now two potential stimulus proposals in play. One, worth $908 billion from a bipartisan group of Senators was the front runner. But then Treasury Secretary Steven Mnuchin has proposed another one, worth $916 billion, which has the President's and Senate Leader McConnel's backing. The biggest…

You May Qualify For a 2021 Tax Refund Stimulus Check via a Recovery Rebate Credit

Despite paying out millions of stimulus payments (a.k.a. economic impact payments) in 2020, millions of people have missed out on one or both of their stimulus "check" payment and especially the $500 child stimulus payment. While there were some logistical challenges in the IRS getting these payments out and many…

Preparing For Your 2021 Tax Filing: Maximize Your Tax Refund In 2022 and Get Missing Stimulus Payments, Child Tax Credits and Unemployment Tax Breaks

Not only has the COVID-19 pandemic thrown a wrench into our everyday lives, but its impact will also be felt by many as they file their 2020 tax returns next year. Unemployment, freelancing/gig-workers and the many federal stimulus payments will present challenges to millions of Americans when it comes to…

Nevada Unemployment Benefits in 2026: Up to $469/Week, No State Tax, and What Else Is Available

Nevada's unemployment insurance program, administered by the Nevada Department of Employment, Training and Rehabilitation (DETR), pays benefits for up to 26 weeks with a 2026 maximum of $469 per week. For workers comparing states, one standout advantage is that Nevada has no state income tax — every dollar of UI…

Is there and When Will New Unemployment Stimulus Be Paid? $300 Unemployment and $600 Stimulus Check

At this stage Congress is getting close to agree on a $900 billion stimulus package that does include extensions to unemployment and an extra $300 supplementary UI payment. There is also provision for a $600 one time stimulus payment. It is expected that Congress will pass the new stimulus along…

Pandemic and Regular Unemployment Overpayment Waivers – Do I Have To Repay My Benefits?

Getting a letter in the mail from your state unemployment agency that you need to repay unemployment benefits improperly sent to you can mean a lot of mental and financial stress for claimants. This is an especially dreaded prospect for many who collected standard and/or the now expired pandemic unemployment…

Dealing With PUA Unemployment Fraud and How to Report and Get Your Identity Confirmed Again

With unemployment claims reaching historic highs, an increase in fraud followed close behind, adding to the woes of unemployed Americans' still waiting for their benefits. The hardest hit is the Pandemic Unemployment Assistance (PUA) Program which was extended further in 2021. PUA was created as part of the CARES Act…