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Unemployment Benefits
Payments made by a government, state, or other authorized body to people drawing unemployment.
1,323 Questions
When to expect extended unemployment benefits in NV?
Unemployment benefits in New Jersey can be extended 99 weeks to Nov. 30, 2010, according to the Related Link below.
How much will your unemployment benefit be?
The amount of unemployment benefits you may receive varies depending on the state you reside in and your previous earnings. Typically, benefits are calculated as a percentage of your prior wages, subject to a maximum limit set by the state. To determine your specific benefit amount, you can check your state's unemployment insurance website or contact their office directly for assistance.
Can you draw out of your IRA and still receive unemployment benefits in North Carolina?
Yes, you can withdraw funds from your IRA while receiving unemployment benefits in North Carolina. However, the money withdrawn may be considered income, potentially affecting your eligibility for benefits or the amount you receive. It's important to report any withdrawals to the unemployment office to avoid issues. Always consult with a financial advisor or unemployment office for specific guidance based on your situation.
Can you get unemployment benefits when terminated from job after short term disability ended?
Yes, you can qualify for unemployment benefits after being terminated from a job following a short-term disability, provided you meet your state's eligibility requirements. Typically, you must be able and available to work, actively seeking employment, and not have been terminated for misconduct. It's essential to check your state's specific rules, as they can vary regarding eligibility and the application process.
You should speak with an attorney.
First, you haven't mentioned your age. If you are too young for payments from your 401K you should have been given the opportunity to transfer the account to another plan. You could have set up a temporary individual retirement account at any bank, and the bank would have arranged a trustee to trustee transfer of your account that would not have affected the account at all. Your plan administrator should have explained that to you and you should have made inquiries.
By your taking a lump sum in cash, you will likely owe taxes.
How old must I be to receive benefits without restrictions to my earnings?
How old must I be to receive benefits without restrictions to my earnings
If the U.S. Senate determines to continue to fund the unemployment benefits this week, residents will continue to be able to receive their federally funded unemployment benefits, as if nothing happened.
If you happen to be one of the many Michigan residents who are unemployed and are receiving unemployment benefits and you now have questions, call your local unemployment office. They will better be able to explain what you will qualify for and what you will not be receiving at this point. Rumors do fly in situations like this; however, find out the facts before taking everything that you hear to heart.
Can you get unemployment if you quit because you are scared you will get hurt?
This would be one of several legitimate reasons for one to quit voluntarily. To be on the safe side, because all states differ on this qualification, you should check with your state's employment office for clarification.
What tax supports the unemployment compensation system?
The employers pay the states a payroll tax, from which the states pays the unemployment benefits from. See the Related Question below for more information.
Can you draw unemployment and retirement at the same time in Florida?
You can draw from the various retirement plans and unemployment, but if you mean you're going to retire, that would violate the conditions of having to constantly seek full time employment and would make you ineligible.
What if you earn more than your weekly benefit?
If you earn MORE than the benefit, it would be suspended, but normally still available as a credit during your benefit period, should you become unemployed and have to reapply. By law, you are required to report all income you receive while getting unemployment benefits While each state has a formula by which it would adjust your benefits, if what you earn is less than the benefits, you might still be eligible for partial benefits.
