Unemployment Assistance

Filing for Unemployment

The Florida Department of Economic Opportunity is in charge of Unemployment. Any Floridian whose employment has been negatively impacted as a result of COVID-19 to visit FloridaJobs.org and click on the Reemployment Assistance Service Center to learn more about the program.

Additional Help For Clients Having Issues Applying For Florida Unemployment Benefits

Increased Unemployment Compensation/Insurance.

IMPORTANT: Until July 31, 2020, an additional $600 per week will be added to every unemployment compensation check. In the State of Florida, unemployed workers can receive up to $275/wk. With the enhanced unemployment benefit, laid-off workers can receive up to $875/wk, and no one will receive less than $600 per week.

Resources for those deemed Ineligible on DEO Connect

Non-Cash Assistance/ Relief for Individuals

Creating Coronavirus-Related Distributions and Loans from 401(k) Plans and other Defined Contribution Retirement Plans:

You may be allowed to take up to $100,000 out of your account balance in 2020 if you or a family member test positive for the coronavirus or you suffer economic harm because of the coronavirus. You may also be allowed to borrow this amount from your account balance. If you have a plan loan outstanding and you are laid-off or terminated and cannot repay your loan, you are allowed an extra year to repay the loan. Contact the administrator for your plan

Waiving the 10% Additional Tax on Early Distributions from IRAs, 401(k) Plans and other Defined Contribution Retirement Plans: 

The 10% additional tax on pre-age 59 ½ distributions from IRAs, 401(k) plans and defined contribution plans does not apply for 2020 if you, your spouse or child tested positive for the coronavirus, or if you suffer economic harm because of the coronavirus—such as being laid-off, furloughed or having your hours reduced because of the virus, not being able to work because of a lack of child care due to the virus, or you have to close or reduce the hours of a business you own because of the virus. Please go to www.irs.gov for more details. The IRS will be providing information soon.

Waiving of Required Minimum Distributions from IRAs, 401(k) Plans and other Defined Contribution Plans: 

If you turned age 70 ½ in 2019, then you are not required to make minimum distribution by April 1, 2020. If you would regularly have to make a required distribution by the end of this year (December 31, 2020), then you do not have to do so—all required minimum distributions required to be made in 2020 are waived. Please go to www.irs.gov for more details. 

Deferring Contributions for Single-Employer Pension Plans: 

If your company sponsors a single employer pension plan, your company may be allowed to defer your required contributions due in 2020 (including quarterly contributions due in 2020) until January 1, 2021. Your company’s plan may also be allowed to use its 2019 funded percentage in 2020 for purposes of complying with funded-status benefit restrictions. Please go to www.irs.gov for more details. The IRS will be providing guidance soon.