A Comprehensive Guide To Long-Term Disability Insurance
Employers offer various benefits and insurance policies to protect their employees. Some of them include health insurance, vision insurance, and disability insurance. Disability insurance is of two types: Short-Term Disability (STD) and Long-Term Disability (LTD) benefits. While Short-Term Disability insurance offers compensation for a limited time, Long-Term Disability Insurance provides income replacement for an extended… Read More »
What Is A Short-Term Disability Insurance And How It Works?
It is estimated that about 5% of American workers experience a short term disability due to various reasons, including pregnancy, illness, or injury. A disability may lead to a loss in income, thereby financial crisis. Fortunately, a Short-Term Disability insurance program can replace your lost income and provide you financial support while you take a… Read More »
Can You Receive Long-Term Disability And UI Benefits Simultaneously?
If you are unemployed and disabled, you might be wondering if you can receive Long-Term Disability (LTD) and Unemployment Insurance (UI) benefits simultaneously. The answer? Rarely. You can collect them simultaneously only when the eligibility requirements of the Long-Term Disability and Unemployment Insurance program overlap. In this article, we will guide you on collecting Long-Term… Read More »
Unemployment Benefit Disqualifications: Know The Top 5 Reasons
The federal government provides Unemployment Insurance (UI) benefits to those who lost their jobs. However, not all unemployed are eligible for the benefits. There are several requirements which one must meet in order to receive the benefits, failing to which they can be disqualified from receiving the benefits. Here, we will walk you through some… Read More »
Unemployment Benefits Appeal Process: All That You Need To Know
If you have lost your job through no fault of your own, you can apply for unemployment benefits if you meet all the eligibility criteria. However, many times, despite meeting the requirements, your state’s insurance program might deny your claim. In such cases, you have the right to appeal the denial. So how do you… Read More »
A Complete Guide To Child Care Service Programs In Texas
The Child Care Services (CCS) program in Texas provides financial aid to low-income families and enables parents to work, take up educational activities, or attend workforce training. CCS is funded through the federal Child Care and Development Fund (CCDF) and is led by the Texas Workforce Commission (TWC) in Texas. Who Qualifies For The Child… Read More »
HEROES Act: All About The Second Round Of Stimulus Check
The House of Representatives recently passed a $3trillion bill known as The Health and Economic Recovery Omnibus Emergency Solutions (HEROES) Act. This bill would provide a second round of stimulus checks for Americans who lost their jobs due to the Coronavirus pandemic. The HEROES Act aims to provide a $1,200 base payment to eligible individuals… Read More »
A Comprehensive Guide To Short-Time Compensation Programs
In response to the Coronavirus pandemic, the federal government has passed the New Coronavirus Aid, Relief, and Economic Security (CARES) Act. This financial relief program includes several programs such as PUC, FPUC, retirement plan provisions, and funding for Short-Time Compensation (STC) programs. What Is A Short-Time Compensation Program? Short-Time Compensation, also known as shared-work program or… Read More »
Partial Unemployment Benefits During COVID-19
Due to the outbreak of the coronavirus pandemic, many businesses have shut down, pushing millions of Americans into unemployment. As per reports, about 20 million people have lost their jobs in April alone. To help the unemployed meet their financial requirements, the U.S. Congress has passed a $2 trillion stimulus package. This package offers unemployment… Read More »
Will You Lose Your Unemployment Insurance Benefits If You Refuse To Return To Work?
To contain the pandemic, the states had asked their citizens to stay at home. This measure forced many businesses to shut down temporarily and furlough their employees. To help the unemployed meet their financial requirements, the states had announced the CARES Act, which included various unemployment insurance benefits programs. As states plan to reopen the… Read More »
CARES Act And Retirement Plan Provisions
On March 27, the U.S. Congress announced the Coronavirus Aid, Relief, And Security (CARES) Act. This act includes wide-ranging implications, including changes to unemployment insurance benefits, support to businesses, and self-employed. The CARES Act also consists of a retirement plan and Individual Retirement Account (IRA) provisions. In this article, we will walk you through the… Read More »
All That You Need To Know About Florida’s Reemployment Assistance Program
The United States offers unemployment insurance (UI) benefits to its unemployed citizens to enable them to meet their monetary needs temporarily. Federal and state governments jointly manage this program. In Florida, the UI benefits are called Reemployment Assistance (RA) program. What Is a Reemployment Assistance Program? The Reemployment Assistance program, similar to UI benefits, provides… Read More »
Unemployment Benefits: What To Do If You Are Overpaid?
The states provide unemployment benefits to help the unemployed meet their financial needs temporarily. States use different formulas to calculate the unemployment benefits. In general, the amount is determined by wages earned during the primary and alternate base period, and the amount given is half the wages. But in some cases you may be paid… Read More »
Paycheck Protection Program: All About Financial Assistance For Small Businesses
The Coronavirus pandemic outbreak has affected the Americans like never before. Many businesses have shut down, and millions of people have lost their employment. To provide Americans with economic assistance, the U.S. Congress has passed the Coronavirus Aid, Relief, and Economic Security (CARES) act. This act offers unemployment benefits to the unemployed in addition to… Read More »
Unemployment Benefits In California During The Pandemic
Due to the outbreak of the Coronavirus pandemic, millions of Californians are losing their jobs. To cope up with the situation, the Employment Development Department (EDD) is providing unemployment benefits in California. The benefits are not only available to the unemployed, but also to people who are quarantined or are caring for the sick. Unemployment… Read More »