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turtlespeed

Unemployment benefits exteded . . .

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Really? I don't get it. I thought unemployment was available to anyone who paid in. Did you pay in for yourself, or just your employees? This surprises me.



The amount paid into the system through "unemployment insurance tax" funds the first 6 months of benefits. These are state taxes and collected by them, although administered by the federal government. The extensions are being paid for by general funds federal revenue.
"What if there were no hypothetical questions?"

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Thanks, but that's not what I asked. Turtlespeed claims he paid into the system and is not allowed to take his money out. I recall now that he owned his own business and decided to shut it down because of difficulty remaining profitable.

If that is correct, the reason he can't access his unemployment insurance is that his unemployment was voluntary. That makes some sense. Unemployment insurance is insurance, not a savings fund. You can't access it whenever you want, you have to have a triggering event, like being fired or laid off. Whether or not that is a good thing is up for debate, but if that is true it answers my question.

- Dan G

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Thanks, but that's not what I asked. Turtlespeed claims he paid into the system and is not allowed to take his money out. I recall now that he owned his own business and decided to shut it down because of difficulty remaining profitable.

If that is correct, the reason he can't access his unemployment insurance is that his unemployment was voluntary. That makes some sense. Unemployment insurance is insurance, not a savings fund. You can't access it whenever you want, you have to have a triggering event, like being fired or laid off. Whether or not that is a good thing is up for debate, but if that is true it answers my question.



You have no idea what you are talking about.[:/]

Voluntary unemployment has nothing to do with it.
I'm not usually into the whole 3-way thing, but you got me a little excited with that. - Skymama
BTR #1 / OTB^5 Official #2 / Hellfish #408 / VSCR #108/Tortuga/Orfun

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