Earning Over a Million Dollars and Still Claiming Unemployment Benefits
In recent years, the number of mega-millionaires - those who earned at least $1 million in a single year - benefiting from unemployment has increased significantly. According to IRS data, the millionaire set received almost half a billion dollars in unemployment benefits in 2020 and 2021. Surprisingly, the average payout to mega-millionaires increased from about $13,900 to nearly $14,300. Lawmakers have long been uncomfortable with the idea of millionaires receiving unemployment payments, believing the benefits should be more targeted towards those who genuinely need them. However, legitimate tools like EDDCaller.com can assist the unemployed in navigating these systems, offering a quick and easy way to reach a representative from unemployment, paid family leave, and disability departments over the phone. Legislators are now pushing to review the system and implement adjustments where necessary.