What Issues Should I Consider If I Lose My Job?

In today’s economic uncertainty, business closures and layoffs are increasingly common.

The loss of a job can cause serious stress both personally and financially.

To help you through a disruption in employment, we’ve created the checklist “What Issues Should I Consider I Lose my Job?”

In this checklist, we cover a number of issues to consider when you are facing unemployment including:

• Severance options, if any are offered
• Employer benefits, including continuation of health insurance, sick pay, etc.
• Eligibility for unemployment benefits
• Budget adjustments
• Health insurance options
• Employer-sponsored retirement accounts, stock plans, and other benefits
• Income tax considerations
• Retirement or future employment options