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To: Sensei Ern

In about a dozen states, owner-employers of seasonal businesses can’t collect UE, because they’re 1) officers of the corp, 2) own stock in the corp, 3) control day-to-day operations. I went thru it for 22+ years, while fully-paying into UE and taking a monthly check. Only after I closed my business, resigned corp position, sold my stock back to corp for $1 and relinquished day-to-day control, and became an ‘employee’, could I apply for a final 6mos of UE benefits. If I’d had all that pay-in money invested at 5-8%, I’d have had a nice return after those 22+ yrs.


59 posted on 11/14/2014 5:34:15 PM PST by Carriage Hill ( Some days you're the windshield, and some days you're the bug.)
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To: carriage_hill

Where’d everyone go?


60 posted on 11/14/2014 5:42:20 PM PST by Carriage Hill ( Some days you're the windshield, and some days you're the bug.)
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