What would you like to do?
Can you receive unemployment benefits while receiving 401k benefits in Texas?
Answer I did in Ohio and it stopped my unemployment payments for a few months. They figure out how long it stops it.
It is a permissible source of alternate income while drawing unemployment compensation. I speak from recent experience. I received a lump sum payment of about $11,000. By Indi…ana's calculations, my payment was reduced $12.00 a week. It involved how much the employer contributed over the total period, divided by the number of weeks. You must reaffirm that you are not retired and still willing to work. (Those questions are asked again after you enter in "is there a change in your retirement benefits?") It is complicated and it usually holds you up a week or two. Then the letters explaining it come after it's all resolved.
Yes you can. There is a formula that you can look up on the ODJFS website that will tell you the proportion of how your unemployment is adjusted based on the wages you earn. L…ike myself I did odd jobs for cash, while I did not have to report it, I did. And I was glad. It does not adjust dollar for dollar, in my case I had to make over $800 in a week before I would receive $0 in unemployment. But why I was happy I did, it allowed my unemployment to last longer payment wise. It allowed me to take more time to find the RIGHT job, and not just the first job.
Yes, you can receive both if you qualify for them individually.
No, they can appeal but why would they wast their time unless you piss them off then it would look like retaliation, get your employer to promise employment for future guarant…eed in writing. Same job/position then you be safe. If not unemployment is yours.
The Unemployment Office does not ask your criminal history. They are interested solely on if you qualify based on your previous work history. They also look at if you are qual…ified based on your ability to seek and accept immediate full time work and that you are looking for suitable work. Keep a work search log in case they request a copy. Also, you do not qualify for unemployment if you lost your job due to being incarcerated. You are also not eligible for unemployment if you are in jail and not able to accept immediate work.
Apparently, the money you put in a 401K Plan and withdrawn would not be deducted from unemployment benefits, but possibly that contributed by the employer may be deducted. It …is best to contact the unemployment office and find out for sure. The Related Link below gives more detail. 401K is similar in many respects to pension payments
Yes. You will know the amount after you complete your 2009 income tax return. Go to the Related Link below and use the search box type FREE TAX HELP AVAILABLE NATION WIDE …Nearly 12,000 free tax preparation sites will be open nationwide this year as the Internal Revenue Service continues to expand its partnerships with nonprofit and community organizations performing vital tax preparation services for low-income and elderly taxpayers. The IRS Volunteer Income Tax Assistance (VITA) Program offers free tax help to people who earn less than $49,000. The Tax Counseling for the Elderly (TCE) Program offers free tax help to taxpayers who are 60 and older. EITC-eligible taxpayers also can seek free assistance at the 400 IRS Taxpayer Assistance Centers nationwide. To assist EITC taxpayers, 167 IRS TACs will offer Saturday service on Jan. 30, Feb. 6 and Feb. 20
The average state benefit is for 26 weeks (payable within a 52 week period). Federal extensions increase the time received, but it depends on the state and the unemployment ra…te of the state compared to the national average. 26 weeks per claim. One claim per year. If you ever had your weekly dollar amount reduced for any reason, you may collect longer than 26 weeks to make up the difference. See this Related Link for details for Connecticut, for example
Yes. However, 3 states will offset your unemployment benefits by 50% of the amount of your Social Security payments (Illinois, Utah, and Virginia).
Yes, if you meet eligibility requirements for both programs. Texas repealed the Social Security offset regulations that reduced unemployment compensation for people who were… claiming both benefits. Both Social Security and the State of Texas allow workers to collect unemployment and Social Security at the same time without applying a penalty to either check.
In Business Law
No. Your question implies you did not lose your job through no fault of your own, but that you would be returning to your job.
It depends on the state you are receiving unemployment benefits from. In my state, North Carolina, the answer is no.
Yes, but your unemployment benefits may be affected (or denied) in the week of withdrawal, as explained in item (f) on page 5 of the Related Link below.
Pension or 401K payments: Payments from a 401K or other pension plan, will not affect your unemployment benefits if: you are subject to a penalty for early withdrawal;you rol…l all of it into another retirement fund without taking a payment; or,the payment is from a fund that none of your base period employers paid into (in other words, it is a pension from a former employer that has not paid you any wages in the past 15-18 months). If you retire from your base period employer, your monthly payments will reduce your unemployment benefits dollar for dollar. Example: Pension of $433 per month = $100 per week. UI benefits reduced $100 per week. http://www.uimn.org/ui/other.htm
I'm so sorry for your loss. Been there. Generally, you can't receive benefits since churches are not required by law to pay into unemployment insurance for their employees. So…me churches do, so it's worth asking. Your only other recourse is to prove your church was a hostile workplace. This process could turn ugly, however, if you have been fired from a church position, the situation is already most likely pretty ugly. See your local unemployment office or website for information on starting this process. In lieu of benefits, some churches will offer severance packages. Pastors would be wise to seek out help from local denominational leaders to negotiate for them and increase their chances of receiving benefits. Given the state of the economy, it is completely fair to ask for six months benefits, but most churches settle for three or less. Don't allow a crushed self-esteem to keep you from applying for other ministry jobs right away. Ask other ministers' advice on how to explain your departure to future employers. Also, seek at least a part-time job while you wait. You will most likely be grossly over-qualified for the job, but at least you'll have the peace of mind of having an income, and you can quit as soon as God leads you to your new ministry opportunity.