Where to Find Information about Unemployment and Retirement Benefits

Have you recently lost your job, or are you about to retire from a job and enjoy life once and for all? If you are suddenly out of a job, you are going to want to know where your source of income is going to be. If you are unemployed, or retired, there are benefits available to you in order to keep you afloat while you are without a steady paycheck.

For those who are unemployed, it can be a scary situation. How do you support your family, how do you pay the bills on time without going through too much of your savings? Luckily, there is unemployment insurance, or unemployment checks that you get from the government while you are looking for work. To find where those benefits are, you can go to your state department of labor to find out exact details on how to apply. New York State is given as an example.

For those of you who have recently retired, there are many benefits that are given to those who have called it a career. Social Security is one of the main programs that retired people use as income after retirement. For information on Social Security, and how to collect the benefits, you can go to this site.

Another great source of information when it comes to retirement benefits, and just ways to save in general, is the AARP. The American Association of Retired Persons is a group that serves the interests of those who are 55 and older. So even if you haven’t retired yet, you might want to head over to their website and get some good information on ways you can prepare for retirement.

If you are unemployed, you might be able to take different credits and deductions on your taxes. The Earned Income Tax Credit, or EITC, is designed to give those who have low wages a tax break. You generally have to have children to qualify, but even single taxpayers can sometimes get the credit. For other examples of ways you can save on taxes as a result of unemployment, go to Irs.gov.

Unemployment can be scary, but there are resources out there that can help you out. Retirement can be fun, but make sure you have a plan, and that you know where to go in case you have any questions about benefits and tools available for retirement. Not having a job forces us to be smart with money, so know where to go for help.