The bill extends federal unemployment insurance programs and an additional $300 boost per week until Sept. 6, 2021. This adds 25 more weeks to two federal unemployment programs: the Pandemic Emergency Unemployment Compensation (PEUC) and the Pandemic Unemployment Assistance program (PUA).
What does the new stimulus mean for unemployment?
The new stimulus package impacts unemployment benefits in the following ways: People eligible for unemployment benefits in their state will receive an additional $300 per week from the federal government. This amount will be available to people claiming benefits between March 14 and Sept. 6, 2021.
How much is the unemployment stimulus?
The package includes a new round of $1,400 payments for individuals with an adjusted gross income of up to $75,000, heads of household with income up to $112,500, and $150,000 for joint filers.
How long does the extra $300 in unemployment last?
What is ending? The enhanced benefits were originally an extra $600 a week last year under federal CARES Act signed by former President Donald Trump. The extra money was later cut in half to $300 a week until Sept. 5.Sep 3, 2021
Is New Jersey giving the $300 unemployment?
NJ won't extend federal unemployment benefits, including extra $300 weekly check. Close to 500,000 New Jersey workers collecting extended federal unemployment will lose the jobless benefits starting next week, as Gov.
How long will the $300 unemployment last in Florida?
Payments for the $300 weekly payment will continue until early September for a total of 25 weeks and eligible claimants those getting at least $1 from state and federal unemployment programs can get a maximum of $7,500 if they qualify for all weeks covered in this new extension.