قالب وردپرس درنا توس
Home / Tips and Tricks / $ 400 Weekly Unemployment Bonus: When Do The Checks Go Out? What you should know

$ 400 Weekly Unemployment Bonus: When Do The Checks Go Out? What you should know



    003-cash-money-dollars-bills-stimulus-check-congressional-pass-mail-banking-finance-desperate-poverty-us-treasury

$ 400 more a week in unemployment insurance looks more likely by the day.

Sarah Tew / CNET

The $ 1.9 trillion COVID-19 contingency plan passed the House after hours of debate. There is a on the bill third stimulus check, a extension to the tax credit for children and $ 400 bonus unemployment checks that will cost Americans through the end of August.

Next up for legislation is the Senate. There will be a debate about the bill itself and then there will be a vote. One change likely to take place in the Senate is the removal of the $ 15 federal minimum wage hike, which, according to the Senate MP, did not comply with the rules of the chamber. An amended bill is expected to pass in the Senate before President Joe Biden signs it into law – before the $ 300 bonus unemployment checks expire on March 14.

At that point, job seekers would get an additional $ 400 a week on their unemployment checks through the end of August, an increase of $ 100 from the $ 300 passed by the end of December. Here’s everything you need to know about how the new pack will help unemployed workers.

What will the following contingency plan do for unemployed workers?

The $ 1.9 trillion COVID-19 relief package searching for extended unemployment benefits through the end of August and increase the weekly federal bonus to $ 400 in lieu of the current $ 300This is lower than the $ 600 per week extended in the US CARES Act, on top of unemployment checks issued by the state

An additional change that Biden prefers is automated triggers, according to The Washington Post. When certain economic indicators change, such as the unemployment rate, the support provided changes accordingly. This allows the federal government to continue to provide the amount of assistance needed for unemployed workers without having to pass through an additional package.


Now playing:
Look at this:

Stimulus Check # 3: What You Need to Know


2:59

Will the $ 400 additional unemployment check be retroactive?

So far there is no indication that unemployment benefits will be retroactive. That could change once a bill makes its way through Congress, or it could be determined by the states.

How Long Do the Additional $ 400 Checks Last for Americans?

Biden’s original plan called for the extended benefits to last until the end of September, with triggers that would extend the benefits beyond September for those still out of work and include automatic payment adjustments related to health and economic conditions. However, it has since been changed to the end of August with no indication of a September extension.

015-cash-money-stimulus-checks-bill-pass-congress-1400-dollars-payment-target-supplement-bullseye-2021-biden

Unemployment insurance is a lifeline for millions of unemployed Americans.

Sarah Tew / CNET

How many $ 300 Bonus Checks are left?

The $ 900 Billion COVID-19 Aid Package succeeded in December added 11 additional weeks of improved unemployment benefitsThis includes the $ 300 weekly checks, pandemic unemployment assistance for gig workers, and an extension of state benefits. The official due date for these benefits is March 14 – just over a month away – but there is a phase-out period until April 5, as some recipients have not yet received payments from the unemployment agencies in their state. That goes away

What will happen at the end of August?

Biden has said several times since his election that more relief will come, but he has yet to specify when that will happen. From now on, the bonus unemployment checks will end before September.


Source link