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annuity and unemployment

Hello,

 

Over 10 years ago i rolled over a 401k plan to a qualified IRA  then set up an income annuity which i started receiving income in April of 2020. I am presently working however will be laid off shortly due to the coronavirus.  Would you know if this will disqualify me from unemployment?

 

Thanks

Rich Verteramo 

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1 Reply

annuity and unemployment

That is a question to ask the payer of the unemployment.    Unemployment paid by the state has different rules in each state.

**Disclaimer: This post is for discussion purposes only and is NOT tax advice. The author takes no responsibility for the accuracy of any information in this post.**

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