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Investor's Business Daily

Investor's Business Daily

US Politics

US Politics

Do you have a plan if you lose your job? Here's how to get back on your feet

Investor's Business Daily
Summary
Nutrition label

68% Informative

In January , U.S. employers announced 49,795 cuts, up 28% from the last month of 2024 .

Half of workers are worried that President Donald Trump 's policies will lead to layoffs at their companies.

Take care of yourself if you lose your job, don't melt down emotionally.

People older than 55 who have lost their job can draw from their 401(k) without paying the 10% early-withdrawal penalty.

Withdrawals are still treated as income on your tax return.

You could be eligible for Cobra coverage through your employer, which is a continuation of existing coverage.

VR Score

66

Informative language

65

Neutral language

67

Article tone

informal

Language

English

Language complexity

31

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

detected

Known propaganda techniques

not detected

Time-value

medium-lived

Source diversity

1

Affiliate links

no affiliate links