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March 12, 2021 10:10 AM Lisa Rowan - Forbes Advisor
Posted:
Updated:
March 14, 2021 11:01 AM
The stimulus package signed into law on Thursday by President Joe Biden extends unemployment benefits for millions of American workers who are still dealing with the economic fallout of the Covid-19 pandemic.
Unemployment benefits turned out to be one of the most hotly debated parts of the $1.9 trillion aid package, with legislators at odds over how long to extend benefits and for how much.
Some details of implementing the employment-related measures from the stimulus package have yet to be revealed, as they require guidance from the IRS or other government agencies that hasn’t been finalized.