Money Today That Matters Tomorrow
The Maryland Division of Unemployment Insurance (DUI), which is under the MD Dept. of Labor and manages the state unemployment programs. This includes processing unemployment compensation claims and paying out benefits, including the now defunct federally funded enhanced pandemic benefit programs. Currently only state unemployment benefits are available. The maximum …
[Updated for $300 FPUC payment in 2021] – The updates below are related to the original $300 LWA program which has now been paid out. See this article for the new $300 FPUC payment and state tracker, approved under the 2021 extensions. You can also see this article for updates …
The Virginia Employment Commission (VEC) administers the unemployment compensation program for the Commonwealth. This includes the now expired pandemic enhanced unemployment benefits, for which all current and retroactive payments have now been issued, other than those under appeal or litigation. Fortunately, the lessons learned from and system upgrades as a …
Updated Feb 2022] The National Association of State Workforce Agencies, which represents all unemployment agencies, has requested that states UI agencies be held harmless for unrecoverable LWA overpayments as long as good faith efforts are being made to recoup improper payments. Given how rapidly the LWA program, administered by the …
[Update for PEUC claimants] Regardless of when claims started and how many weeks of PEUC claimed (up to the 75 week maximum), ALL enhanced benefit programs ended on September 6th, 2021. PEUC claimants will transition to regular state unemployment (if eligible). Unfortunately, because states did not extend regular state unemployment …
The IRS has announced that approximately nine million Americans who typically don’t file federal income tax returns may be eligible for, but have not registered to claim their 2020 stimulus. They are still encouraging people to file a tax return (see free options at TurboTax) or register on the IRS …
[Update from approved $900 billion stimulus package] Congressional leaders have now extended rental assistance and eviction moratoriums in the latest $900 billion COVID relief package. This is welcome news for millions of Americans at risk over the next 4 months. In addition to additional stimulus checks, the new stimulus bill …
With Trump’s executive order to suspend employee payroll taxes for 2020 and defer them to 2021, many eligible workers will enjoy a temporary boost to their paychecks in 2020. However assuming no other pay increases or tax rate changes, those same employees will see smaller paychecks early next year as …
[2022 Update] The $300 supplementary payment made in 2020 and 2021, ended in all states on September 6th, 2021 (some states ended it earlier). Unless claims are in the adjudication process, At this stage all retroactive payments (including those for PUA and PEUC) have also been processed and no new …
Mortgage rates are at a record lows fluctuating right around 3%, down from nearly 7% in 2008 – so is it time to refinance your mortgage? With all the uncertainty the pandemic has brought refinancing your mortgage may be a significant financial lever for a lower monthly payment or to …
The North Carolina Department of Commerce oversees a variety of economic, community, and workforce development policies and programs. The Division of Employment Security (DES) manages the state’s unemployment insurance program by processing claims and paying benefits. This includes the now expired enhanced pandemic unemployment benefit (PUA, PEUC, etc.) programs. How Much Unemployment …
A New $300 supplementary unemployment payment in 2021? As part of ongoing discussions around an extension to unemployment benefits in the latest stimulus bill, lawmakers are reaching consensus on a supplementary $300 payment for up to 12 weeks between Jan 2021 and March 2021. This will likely work similar to …
Congressional leaders have passed a circa $900 billion stimulus plan that includes funding for an approximately 11 week extension (Dec 26th 2020 to March 14th 2021) to federal pandemic programs (PUA, PEUC) and additional supplementary unemployment benefits at $300 FPUC per week for millions of unemployed or underemployed Americans who lost their job or income due …
Over the weekend President Trump signed a series of executive orders expanding certain Coronavirus economic relief provisions, following the inability of Congress (Republicans and Democrats) to reach a deal on a new stimulus bill. The executive orders cover the following four key items, which are likely to be challenged in …