Losing your job can be a stressful time in your life. Many worries will surface like how will I feed my family and how will I pay my bills. During the stressful time that you are searching for a new place of employment, you may require some assistance in order to keep your finances in order.
This is a time that you need to look at filing for unemployment benefits. The first thing that you need to decide is if you qualify for unemployment benefits. Those who do have three requirements placed on them: They have lost their job due to no fault of their own (especially in lay off situations), they are able to work and they are actively seeking work.
Benefits for those approved for unemployment benefits vary depending on the specific state that you reside, but most states offer a maximum of 26 weeks of benefits. The amount that people receive are based upon the amount of time that they spent at their previous job (how many years they worked there), the amount of money that they made and the specific rules that have been applied by the state.
Many states allow for an online application in order to eliminate the need to spend time in unemployment offices. Once approved, you will be required to request payment each week until you find adequate employment. You will also be expected to keep track of the job searches that you complete each week and at times may be requested to provide a report to the state.
You will be required to pay taxes on the money earned from unemployment, just as if you were employed at a business. This money can either be deducted up front before you receive your payment, or you can choose to handle all tax related issues at the end of the year while you are filing your state and federal taxes.
To learn how to apply for your state’s unemployment, visit the website that has been set up for your corresponding state. You should keep in that if you are denied for unemployment, you have the right to question the decision that was made by the unemployment office. Be careful though, you typically have only a couple of weeks to file for an appeal of your unemployment case.
In the event that you do have the need to file an appeal, be sure that you have all your paperwork in order for the hearing. Hearings work differently depending on your state, but basically result in a conference with the unemployment appeals board in which you, your employer and witness are allowed to testify in relation to your specific case.
You may want to consider legal representation when filing an appeal for unemployment. A lawyer will be able to advise you on your rights and the best way to proceed depending on your individual situation. Most importantly, you should always attend all hearings on time; missing an appointment can be grounds for having your appeal denied.
While losing your job is an emotional process, you can help to remedy the stress caused by a job loss with the funds provided from unemployment insurance. Be sure to document everything well and follow all rules and regulations when it comes time to file your unemployment online. By keeping good records and actively pursuing a new form of employment, you will be able to use the unemployment funds to help guide you through this stressful time.