Tag: benefits

There has been a lot of debate over the last few months on if another stimulus check payment will be made in 2022 or even in 2023 as the economy worsens and inflation takes a heavy toll on household budgets. You can see past updates below on the various stimulus…

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…

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…

The Texas Workforce Commission (TWC) manages the states’ unemployment compensation program. This includes payments under many of the federally funded enhanced benefit programs which have been extended several times after enactment last year. See more on the relevant extensions/ unemployment stimulus programs, including an early end to these programs, in…

Listed in the table below are the latest maximum weekly unemployment insurance benefit/compensation amounts by state. The Unemployment compensation (UC) program is designed to provide benefits to most individuals out of work or in between jobs, through no fault of their own. Note, the table contains the the maximum regular weekly…

The Department of Labor has provided some timely answers to some frequently asked question around the CARES act. I am an independent contractor. Am I eligible for unemployment benefits under the CARES Act? You may be eligible for unemployment benefits, depending on your personal circumstances and how your state chooses…

See this updated article for the latest program information on Food Stamp (SNAP) benefits, emergency allotments (EA) and eligibility levels. Historical SNAP information is shown below for reference only. _______________________________ 2017 Update - The USDA has published 2017 details for its Supplemental Nutrition Assistance Program (SNAP).  The income thresholds and monthly benefit details are valid till September 2017…

Most people who work or are self-employed are subject to Social Security taxes. This is true, regardless of age. Employers are also subject to Social Security taxes for their employees. If you are self-employed, and your business' net profit is greater than $400, you must also pay Social Security (and Medicare)…

COLA Increase [2021 update] 1.3% COLA increase in 2021 officially confirmed by the SSA. For the average retiree who got a check of $1,523 this year, that would mean an additional $20 a month. The 1.3% COLA is the smallest increase since 2017 and slightly below the 1.4% average over…

[Update - American Jobs Act a.k.a 2012 Economic Stimulus] In what is essentially the 2012 stimulus package, President Obama has released details on the American Jobs Act which involves spending over $400 billion dollars to boost economic growth. The key provisions are: Extension of employee payroll tax cuts into 2012,…

[Update as of July 23rd] It's time to pay for the American dream. In various discussions around how to cut the national debt, so that we don't have to keep raising the debt ceiling, one theme that is common in most plans is that Americans now and for generations to…