In this video you will learn your benefits under the CARES Act for family leave.
Lynnette Khalfani Cox: Here’s a tip to put some extra cash in your pocketbook if you have to stay home to take care of somebody because of COVID 19 or Coronavirus. Did you know that you can qualify for up to 10 weeks of paid family leave if you are at home taking care of a child who is home from school because their school has been shut down for five or more days?
You can also qualify for paid family leave if you’re sick, if you have Coronavirus, if you’ve been quarantined, or if you’re taking care of an adult child, your son or daughter, who has a physical or mental disability. Now under newly implemented federal law, between April 2020 and December 2020, you can get up 10 weeks of paid family leave.
Here’s the numbers. You essentially get two thirds of your regular salary up to as much as $200 per day and up to a cap of $10,000. Again, if you qualify be sure to claim this benefit.
Lynnette Khalfani-Cox, The Money Coach®, is a personal finance expert, speaker, and author of 15 money-management books, including the New York Times bestseller Zero Debt: The Ultimate Guide to Financial Freedom.
Lynnette has been seen on more than 1,000 TV segments nationwide, including television appearances on Oprah, Dr. Phil, The Dr. Oz Show, The Steve Harvey Show, Good Morning America, The TODAY Show and many more.
All information on this blog is for educational purposes only. Lynnette Khalfani-Cox, The Money Coach, is not a certified financial planner, registered investment adviser, or attorney. If you need specialty financial, investment or legal advice, please consult the appropriate professional. Advertising Disclosure: This site may accept advertising, affiliate payments or other forms of compensation from companies mentioned in articles. This compensation may impact how and where products and companies appear on this site. AskTheMoneyCoach™ and Lynnette Khalfani-Cox, The Money Coach® are trademarks of TheMoneyCoach.net, LLC.