Ask Terry Questions Salary reduction

Salary reduction

By Terry Savage on April 26, 2020 | Wild Card

My salary was reduced by 15%; am I eligible for any benefits provided under the CAREACT?

Terry Says

You’ll get the stimulus payment, presuming you were qualified by income in 2019, or 2019 if you haven’t filed for 2019 yet. But this won’t get you unemployment. And hopefully you still have your health benefits from your work. In that case, you’re better off than 26 million Americans!

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