Search

The article reports on an increase in claims for jobless benefits by 33 percent in March 2020 due to the coronavirus pandemic, according to the U.S. Bureau of Labor Statistics. Topics mentioned include a stimulus bill signed into law by U.S. President Donald Trump on March 18, 2020, the decision of Ohio's division of unemployment insurance to extend its call center hours, and outdated systems that most unemployment offices use.

The article focuses on officials trying to fill positions processing jobless claims in Washington State where coronavirus outbreak was found and mentions that closure of businesses anticipating need for additional staffing. Topics discussed include layoffs in industries from restaurants to retail due to coronavirus pandemic, claims for jobless benefits and digital divide to prevent people from streaming movies.

The article discusses benefits of the coronavirus relief packages to self-employed workers including Paid Sick and Family Leave; Unemployment Insurance and health insurance.

The article focuses on independent contractors and freelancers who have work to do when filing taxes in comparision traditional employees and mentions advice on how to make it more manageable.

The article reports that New York is close to joining a growing list of states that are creating a retirement plan option for private sector employees who do not have access to 401(k)-like programs at work, and mentions that program was included in budget deal to be signed by the Governor.

The article reports on the victory over the decision of U.S. President Donald Trump on the election of a new acting director of the Consumer Financial Protection Bureau.

The article reports the expectation of U.S. President Donald Trump appointing the White House budget director Mick Mulvaney as the Consumer Financial Protection Bureau's acting head.

The article discusses the impact that high deductibles in health insurance plans have on the economic conditions of U.S. employees. An overview of the U.S. employers' shifting of health costs to their employees from 2010 to 2014, including in regard to employers' offering a health savings account with a high-deductible health insurance plan, is provided.

The article focuses on the paid day off provided by SunTrust Banks to its employees for maintaining their financial lives and offers information on financial wellness program, introduced by Bill Rogers, chief executive officer (CEO) of SunTrust Bank.

Teach for America is the latest organization to ensure that its employees with same-sex partners get the same treatment as opposite-sex married couples when it comes to health care costs. Gay people who are fortunate enough to work for employers that extend health benefits to their same-sex partners are still at a disadvantage: they must pay an extra tax on the value of those benefits that heterosexual married couples do not pay. [ABSTRACT FROM PUBLISHER]

Imagine that your employer sent you a letter just before Christmas informing you that it failed to withhold the proper amount of income to cover your 2010 tax bill, and would begin deducting that extra amount from your paycheck right after New Year's. That's what happened to 61 employees with same-sex partners at Yale University, in New Haven, Conn., which made an inadvertent payroll error that will mean thousands of dollars in extra taxes withdrawn from paychecks of many of these workers this year. [ABSTRACT FROM AUTHOR]

The next time you receive your 401(k) statement, do this experiment: don't just look at your latest balance. Try to figure how much you're paying in fees. It's not necessarily easy, right? If you're lucky to work at a large company that uses a big 401(k) provider like, say, Vanguard, the fees you pay may not require much decoding. But for many workers, particularly those at medium and small companies, coming up with a figure could involve a phone call or two, wading through a fair bit of paper and fumbling for a calculator once you have it all in place. [ABSTRACT FROM PUBLISHER]

Fannie Mae's workers had $116 million in the employee stock ownership plan at the end of 2006. Today, it's more like $17.5 million. Ouch. The employees of Fannie Mae, and those of its counterpart Freddie Mac, are reeling from financial blows themselves as the mortgage finance companies lurch toward what could be a government bailout. Both firms ladled out hefty servings of stocks and options to reward and compensate employees -- making them popular employers for years. [ABSTRACT FROM PUBLISHER]

The article reports that research institutes the Heritage Foundation and the Retirement Security Project has proposed a plan that would allow small-business employees to fund individual retirement accounts through automatic payroll deductions.

The article reports that U.S. employees who receive stock options from companies could also be subjected to the alternative minimum tax, as of January 2006.

Reports on the findings of a study on 401(k) contributions of workers in the U.S.