Questions about the new Covid Relief deal just announced...

[Polybius]

I have a few questions. I know the details haven't been announced, but you guys know a lot more than me. Some questions:

1) If the bill is signed into law today as expected, when does the enhanced $300 per week unemployment insurance kick in? Will it take as much time as last time (like a month)?

2) I know they said it won't be retroactive, but at the very least will it be retroactive to today (the day of the bill's signing)?

3) How long is extended unemployment going to be until? Mine was to run out right after Christmas.

[LizBeth]

1. 1) depends on the simplicity. First pkg had the simplicity but had to be established. 300 not as

simple so took longer to apply, but we all had extended PUI 13 weeks or Dec 26 so eventually we got it. So how quickly we get it depends how simple it is to integrate with what we have, and that should be going to the start.

2) They will have a date that will be retro to the passing of this but doesn't it have to get prez? Jut agreeing isn't going to pass it. Process. My guess is the date will state Dec 2 and will be paying 12/27-1/1. Or something like.

3) Yours runs out 12/26. Mine runs out 12/20. If you still have a week left of the 13 Dec 26 deadline then you will be good. I need to find out if my 12/20 last payment will be reactivated.

I have hear it was suppose to go 16 weeks and that was pretty firm but two days ago I was given an article stating it had been reduced to 10 weeks. We don't know for sure, but what we have heard. I would not be surprised with 10. But still gets us to Biden adm.