قالب وردپرس درنا توس
Home / Tips and Tricks / $ 300 Weekly Unemployment Check: 11 more weeks, but not retroactively? What you should know

$ 300 Weekly Unemployment Check: 11 more weeks, but not retroactively? What you should know



money-bills-dollars-recession-stimulus-cash-4376

Congress has approved a stimulus package to expand unemployment benefits.

Angela Lang / CNET

A $ 900 Billion COVID-19 Aid Package with a weekly bonus unemployment check of $ 300 went through Congress Monday night and waiting for President Donald Trump’s signature. $ 1.4 trillion omnibus bill includes provisions to increase unemployment benefits by one month deportation moratorium extension and a second stimulus control for maximum $ 600 per person. (Now calculate the total of your second stimulus check.)

Under the wording of the bill, the increased unemployment benefits will be extended from December 26 to March 14, 2021 to 11 weeks. This includes the $ 300 weekly bonus, the Pandemic Unemployment Assistance program for gig workers, and the benefits provided by the states. A new provision included in the bill is the Mixed Unemployment Allowance, which provides an additional $ 100 for those unemployed workers who earned money with a standard job and self-employment, although states will individually determine whether they will receive that amount.

The COVID-19 lighting included in the spending bill was part of a two-tier package that was unveiled in early December. That bill originally included 16 weeks of unemployment benefits, but the number changed over time negotiations between Republicans and Democrats.

Meanwhile, there were 885,000 new jobless claims for the week ending December 12, which is 23,000 more than the week before, the Labor Ministry reported on December 17.

We are here to answer as many questions as possible, given the information currently available, including whether the weekly unemployment benefit would include retroactive payments and who would meet the eligibility requirements. We recently updated this story with new details.


Now playing:
Look at this:

Second stimulus checks: everything you need to know


3:22

When will the $ 300 weekly unemployment checks start over?

According to the bill, the weekly bonus will start on December 26 and last until March 14, 2021. This 11-week extension also has a carry-over period that will last until April 5, 2021. This means a person who will be unemployed in early 2021. gets help for another three weeks.

The expense account also includes one second stimulus control and funding for a variety of programs. There could be one more larger stimulus package in early 2021 when President-elect Joe Biden takes office. Here’s how changes in Congress can come into play.

Would the $ 300 weekly unemployment insurance policy work retroactively?

While the language of the bill does not specify whether or not unemployment benefits are retroactive, that does not appear to be the case, The Washington Post reported. This means that there probably won’t be a federal government-imposed lump sum to make up for the previous weeks when we didn’t receive a check for $ 300.

break-the-piggy-bank-stimulus-check-cash-money-savings-debts-personal-finance-015

Tens of millions of Americans are facing financial hardship.

Sarah Tew / CNET

What is Mixed Unemployment Benefit for Earners?

Under the original CARES law, under the bill, unemployed workers received their benefits from the state through unemployment insurance or through a federal program called Pandemic Unemployment Assistance. Someone who has worked as a handyman, self-employed, freelancer, or contractor and who does not typically receive unemployment benefits when fired may instead receive PUA.

In the language of the bill, someone who earned a combination of income from a traditional job and a contractor job would receive either unemployment insurance or the PUA, not a combination of both.

With mixed earners unemployment benefits, a person who earns more money from their self-employed or contracting job – which requires a Form 1099 – can receive an additional $ 100 per week. For example, suppose you made $ 50,000 in 2019, divided between $ 30,000 from a contractor and $ 20,000 from a part-time job with a company. If you were fired, the state unemployment office would calculate whether you would receive benefits for the $ 30,000 through PUA or $ 20,000 through unemployment insurance, but not a combination of both.

While someone who has had a traditional job earning $ 50,000 a year in New York would receive $ 480 a week from unemployment insurance, combining the two would give you the greater of the two different amounts, which is the PUA of $ 288 per year. week in place of $ 280 from unemployment.

The mixed earners unemployment benefit now gives that person an extra $ 100, but only if the state is participating. It may take time for states to determine whether or not to do so after the bill is passed.

Who qualifies for the additional $ 300 unemployment check?

If you are fired or on leave, you are eligible to claim unemployment benefits from your state of residence. Once the state has approved your claim, you can apply to receive the state benefits to which you are entitled. Since states cover 30% to 50% of a person’s wages, there is no one-time benefit you can get nationally.

When the CARES law was passed in March, it provided the unemployed with a weekly bonus check of $ 600 on top of the amount the state offered, but those payments stopped in July. President Trump’s memo signed on August 8 Recovery of a weekly bonus check for a reduced $ 300 funded by the federal government through FEMA. These were only offered to the states that applied for six weeks, and they were all except South Dakota.

Those who receive PUA will also receive the $ 300 bonus. Under the CARES law, PUA funding will be available until December 31, but for many their final payment is on December 26.

001-cash-stimulus-money-time-running-out-clock-watch-check

Time is running out for millions of Americans.

Sarah Tew / CNET

How are unemployment benefits calculated?

The state determines how much each applicant receives, usually based on that of an individual Gross Income. It varies from state to state, but is usually between $ 300 and $ 600.

Am I eligible for my state’s unemployment benefits?

Eligibility criteria vary from state to state, but the general rule is that you must apply if you have lost your job or are on leave through no fault of your own. This includes a job that is directly or indirectly lost due to the pandemic.

How do the 50 states deal with unemployment insurance?

Most states offer up to 26 weeks of funding, but others, such as Georgia, have limited benefits to 12 weeks. Delaware, on the other hand, extended benefits to 30 weeks.

The weekly benefit amount depends on an applicant’s gross income while employed and ranges between $ 300 and $ 600, with some exceptions. Mississippi had paid up to $ 235, while Massachusetts’ maximum was $ 1,220. Pandemic emergency unemployment compensation from the CARES law added an additional 13 weeks, funded by the federal government, but another incentive law with unemployment insurance would have to be passed to extend it further.

Where can I find more information about my state’s unemployment policy?

Each state’s employment office provides information on its specific unemployment benefits.


Source link