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Silver Decline: What Is Your Trigger Point?
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<p>[QUOTE="fatima, post: 1396785, member: 22143"]They also won't count those who receive a severance package until the severance package runs out. If you are forced to take your pension due to a layoff, they won't count you either if the the pension exceeds the allowance part. (or if the allowance part makes the part you are elegible for too small to bother with).</p><p><br /></p><p>Believe it or not, unemployment benefits are taxed by the federal government and most states. Since this greatly eats into the weekly benefit, some people simply choose not to deal with the requirements for getting it and thus are never counted. Benefits also expire. Once they have expired, you are no longer counted. </p><p><br /></p><p>On the other hand, you are considered employed if you get paid for just 1 hour work/week or you work for a family business that reports income.[/QUOTE]</p><p><br /></p>
[QUOTE="fatima, post: 1396785, member: 22143"]They also won't count those who receive a severance package until the severance package runs out. If you are forced to take your pension due to a layoff, they won't count you either if the the pension exceeds the allowance part. (or if the allowance part makes the part you are elegible for too small to bother with). Believe it or not, unemployment benefits are taxed by the federal government and most states. Since this greatly eats into the weekly benefit, some people simply choose not to deal with the requirements for getting it and thus are never counted. Benefits also expire. Once they have expired, you are no longer counted. On the other hand, you are considered employed if you get paid for just 1 hour work/week or you work for a family business that reports income.[/QUOTE]
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