Andy | Saving to Invest

The Next Economic Stimulus Payment – When Will it Come and How Much Will I Get? Latest News and Updates

[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…

What’s in Next and Final 2020 COVID Stimulus Package Including the $600 Unemployment Extension and Second Stimulus Check

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.…

Life Insurance Reality Check – Do You Have Enough For a COVID World?

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…

Alternative Ways to Contact your State Unemployment Office For Answers to Your Weekly Benefit Claim and Payment Questions

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…

Where is My PUA Payment and When Will I Get it in My Bank Account or Unemployment Debit Card – Back Dated Payments and Benefit Year End Claims

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…

Maximum Weeks of Regular State Unemployment Insurance Benefits – Extended in 2020 with PUA, PEUC and State High Unemployment Emergency Provisions

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…

Stimulus Check Payment For Veterans and Recipients of Social Security, SSI and SSDI

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…

Eligible For PUA But Do I Get Back Pay and the $300 FPUC From The Date I Lost My Job Or From The Week That I Filed?

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…

The Power of Compounding – $1 Million Now or Penny Doubling for a Month

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…

If You Qualify for Extended Unemployment via PUA or PEUC You Will Get the Extra $300 FPUC Unemployment Stimulus

Congress and President Biden have now passed into law the $2 trillion stimulus package, also known as the American Rescue Plan (ARP). It includes further unemployment program extensions until September 6th, 2021 for the PUA, PEUC and FPUC programs originally funded under the CARES act in 2020 and then extended via the CAA…

When to Expect Your Tax Refund in 2023 – Processing and Payment Delays Continue

The higher average refund amount in 2023 is driven by those expecting a refund filing as soon as they could. While those who owed taxes or were not expecting a refund will wait right up to the tax deadline this year to file their return and pay any taxes owed.…

Highest Paying Jobs and Occupations

Have you ever wondered which jobs pay the most? Well the BLS took out some of this guess work and summarized the results into the graph below. While most of us won't ever get into one of these high paying jobs, you can at least aim to get into occupations…

How to Invest in Stocks, ETFs, Mutual Funds and Cryptocurrency – A Beginners Guide to Investing

With the economy showing continued signs of improvement and financial markets continue to chug along (example: Market indexes back to record highs), many would be investors are more willing to invest in the stock market in order to earn higher than average returns. Investing in this day and age is…

Which Major Companies Are Each Hiring more than 5,000+ New Workers

With millions of Americans unemployed and many coming to this site to get information on enhanced unemployment benefits, I thought it would be helpful to provide some positive news around several companies that have publicly announced that they’re implementing massive hiring plans over this summer as the economy and consumer…