Title: What To Do Once Your Coronavirus Unemployment Benefits Run Out | Bankrate
Headings: Here’s what to do if you’re still jobless by the time your coronavirus unemployment benefits run out
Here’s what to do if you’re still jobless by the time your coronavirus unemployment benefits run out
1. Know what’s out there for you through the extended unemployment insurance (UI) system
2. Budget wisely, and trim your discretionary purchases
3. Reduce credit card bills with a balance transfer
4. Try to sock away as much money as you can
5. Call lenders, servicers where you regularly have a bill
6. Expand your network to widen your job search
7. Seek assistance from charities, local nonprofits, family members
8. Consider tapping retirement accounts
9. Make sure you’re withholding taxes from UI
10. Keep an eye on Capitol Hill
Bottom line
Learn more:

Content: Bank recommendation widget
What kind of banking experience are you looking for? Select your top preference. National bank
Physical locations and easy ATM access
Online-only bank
Higher interest rates and lower fees
No preference
Whichever bank best fits my needs
Next
Which bank should I choose? Get personalized bank recommendations in 3 easy steps. Get started
For the tens of millions who’ve lost their job during the coronavirus pandemic, one fear likely looms above the rest: remaining out of work after their unemployment benefits expire. Congress’ third fiscal care package, the Coronavirus Aid, Relief, and Economic Security (CARES) Act, made the unemployment insurance (UI) program more generous by providing an additional $600 in weekly payouts and extending benefits for an extra 13 weeks, a much-needed financial cushion during the worst economic crisis since the Great Depression. Still, how much you’re paid and for how long differs from state to state. But even as areas of the country tiptoe toward reopening by walking back some of their stay-at-home restrictions — a policy choice that’s resulted in almost 1 in 4 U.S. workers losing their jobs in a matter of weeks — economists say unemployment likely won’t return to its previous half-century low anytime soon. Meanwhile, talks among lawmakers on Capitol Hill appear to be in limbo when it comes to enacting a fourth relief bill, though a chorus of voices in Washington are pushing for more aid.