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The Reemployment Trade Adjustment Assistance program (RTAA program) provides eligible workers with a wage subsidy to bridge the gap between their former and new employment. To be considered for the RTAA program, a person must meet the following criteria: • They must be Trade Adjustment Assistance (TAA) eligible and certified • They must be part of an eligible worker group • They must be at least 50 years old • They must have found new full-time employment that pays less than their previous employment Eligible participants may receive up to half of the difference between their old and new wages. The wage subsidy may be paid up to a maximum of $10,000 during a two-year eligibility period. To be eligible for the RTAA program, workers may not earn more than $50,000 per year from their new employment. Workers who begin receiving payments under the RTAA program may be eligible to receive other TAA benefits and services.
HEALTH COVERAGE TAX CREDIT (HCTC) The Trade Adjustment Assistance Reauthorization Act of 2015 (TAARA) has reinstated the Health Coverage Tax Credit (HCTC) for eligible TAA, RTAA, and ATAA recipients. The TAA program provides two options for an eligible individual to receive the benefit: end of year tax credit or monthly credit. • The Health Coverage Tax Credit (HCTC) program allows eligible taxpayers to file for an end of year tax credit with their tax return. The HCTC credit is 72.5% of the amount paid for qualified health insurance. • The advance credit option provides the 72.5% of the payable premium for a qualified health insurance plan as a monthly credit. If an individual qualifies for the credit, the IRS will forward 72.5% of the premium to the person's health insurance plan, and the individual will pay the remaining 27.5% of the premium on a monthly basis. Until the advance tax credit option is implemented, taxpayers must continue to pay 100% of the payable premium for qualified health insurance. Only the IRS can determine whether you qualify for HCTC. Please visit the HCTC website for more information on how to apply for this credit. If you have questions regarding HCTC or need additional information, contact the IRS at www.irs.gov/HCTC
DISASTER UNEMPLOYMENT ASSISTANCE (DUA) BENEFIT RIGHTS AND RESPONSIBILITIES The Disaster Unemployment Assistance (DUA) program helps people who have lost a job (or had their job interrupted) because of a major disaster. A major disaster is defined as any hurricane, tornado, storm, flood, high water, tidal wave, wind-driven water, earthquake, drought, ice or fire conditions, or other catastrophes declared as such by the president. If you’ve filed a claim for Disaster Unemployment Assistance (DUA) a determination of your eligibility will be made and mailed to you.
GENERAL DUA ELIGIBILITY REQUIREMENTS To be eligible for DUA, you must meet the following eligibility requirements: • You need to file your DUA application within 30 days of the date disaster assistance is announced. • Your unemployment must be caused directly by a major disaster declared by the President of the United States. • The wages used to calculate your weekly benefit amount must meet the state unemployment benefit criteria. • If you’re self-employed, you must provide additional documentation including the last completed year’s income tax records within 21 days of filing.