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Options & Resources For Employees Impacted By COVID-19


Delay Repayment of Current 401(k) Loan


Employees with current 401(k) loans have the option to delay the repayment of their loan until January 2021 if they wish. The balance owed will not change, no interest will be assessed for the delay in payment, you just have the option to delay having 401(k) loan deductions taken from your paycheck until 2021. The delayed payments will just be made up by extending the length of the loan.

To choose this option, call Fidelity at 1-800-835-5097 and tell them you would like to delay the payment of your 401(k) loan under the CARES Act. They will send me notification so I can adjust your loan payment schedule per your instructions. Pertinent info listed below and full details attached in Fidelity letter.


Stimulus Checks


Stimulus checks have begun dropping in bank accounts. If you haven’t received yours, here’s a way to check on its status. Clink this link to go the IRS website.

https://www.irs.gov/coronavirus/get-my-payment

Then click “Get my payment.” You’ll be asked to put in some personal information (social security number, birthdate and address). The portal will then give you an update on when and how much your check will be. If you make less than $75,000 a year (150,000 if you file jointly), you should receive a $1200 stimulus check, or $2400 for those filing jointly. Plus you’ll receive $500 for each eligible dependent.

If you pay your taxes or receive tax refunds electronically, your stimulus check should be direct deposited. Be sure your bank information is current. You can edit bank information on the IRS website. If send a check to the IRS, we’re told you’ll receive your stimulus check via mail. And those checks won’t be cut until May. If you wish, you can add direct deposit information with the IRS in hopes of getting your money early.


Update regarding the CARES Act “Extra $600 Unemployment Benefit”


On March 27, 2020, the President signed the CARES Act into law. The law created a federal program that provides up to 13 additional weeks of benefits to workers who any of the below statements apply:

  • Have exhausted their regular UI claim with a benefit year that ended on or after the week ending July 6, 2019.

  • Are not eligible for a new unemployment claim in Washington, any other state, or Canada.

  • Are able to work, available for work, and actively seeking work as directed.

  • This question is about you, not the job market or employers.

  • Answer yes if COVID-19 business closures are preventing you from working but you'd be able and available to work when businesses open back up.

  • Have left work through no fault of their own.

  • These benefits are payable for 13 weeks through December 26, 2020

If you have not applied for unemployment because you did not think you were eligible, or you applied and were not eligible or were denied, you may still be eligible for a CARES Act claim and could receive up to $600 per week through unemployment under this new law. In Washington, these claims are called PECU claims. In Oregon, they are referred to as, PEUC or FPUC claims.


If you already have an active unemployment claim and are receiving benefits, you do not need to also file an additional claim. The additional $600 will automatically be added to your weekly unemployment benefits as long as you continue to file your weekly claims. This has started already for many of our employees and is being applied retroactively to as far back as April 1st.


In Washington, to find out more information and apply for unemployment or a PEUC claim, go here to sign in or create an account: https://secure.esd.wa.gov/home/


In Oregon, to find out more information on the CARES Act and how it may apply to you, go here: https://govstatus.egov.com/ui-benefits/CARES. To file an unemployment claim in Oregon you can do so here: https://www.oregon.gov/employ/unemployment/pages/default.aspx

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