After suggesting the new deal did not go far enough, President Donald Trump signed it Dec. 27.
I think that the bill is a net positive, but 11 weeks is really not much time.
No Interest Til Almost 2027?
By contrast, FPUC payments apply to anyone approved for weekly unemployment benefits of at least $1.
The new stimulus deal created this program from scratch.
The MEUC program seeks to remedy that scenario.
The three states not implementing MEUC payments are Idaho, Mississippi and South Dakota.
Heres a closer look at theMixed Earner Unemployment Compensation program.
The CARES Act authorized these payments for a maximum of 39 weeks initially.
New legislation extends PUA to 50 weeks total.
The program now sunsets on March 14, 2021.
One new and notable limitation: PUA used to be available retroactively from January 2020.
The main difference is that the federal government picks up the tab instead of your state.
The second stimulus package expands PEUC further.
PUA recipients are not eligible for this federal extension program.
app issues, website crashes and payment delays were (and still are) widespread.
Adam Hardy is a staff writer at The Penny Hoarder.
He covers the gig economy, remote work and other unique ways to make money.
Read his latest articles here, or say hi on Twitter@hardyjournalism.
(Can you sense my millennial sarcasm there?)
You know which ones were talking about: rent, utilities, cell phone bill, insurance, groceries…
