Last updated July 7, 2020

• Thinking Ahead: Protections That Are Scheduled to End
  

As we enter into July, there are many significant dates that lie ahead. Unless state and federal government officials create additional legislation, you will need to keep these dates in mind and plan ahead to remain financially resilient in the coming months. If you need additional assistance to help you or your family prepare and plan during these financially trying times, visit the Financial Resilience Center. The Center can help you find answers to frequently asked COVID-19 questions, and provide help with budgeting and managing money through a self-paced, online financial wellness training from LifeCents. You can also connect with an AFCPE professional certified financial counselor/coach.

• $600 Additional Unemployment Compensation Ending: July 31
  

The extra unemployment insurance benefit offered by the federal government, which adds an additional $600 per week to unemployment payments, will end on July 31, 2020. Beginning in August, those who file for unemployment will receive their state’s typical payment amount. However, Americans are still covered by other expanded unemployment provisions in the CARES Act. Learn more.

• Federal Tax Filing Deadline: July 15
  

The federal tax extension deadline is approaching. All federal tax returns are due by July 15, 2020. Those who need more time to file their taxes can request an extension to file, which gives taxpayers until October 15 to file their taxes. An important note: an extension to file is not an extension to pay; taxes must be paid by July 15. Learn more about tax deadlines.

• Student Loan Payments: September 30

The CARES Act provides broad relief for federal student loan borrowers. Federal student loan payments held by the Department of Education are currently suspended, but this payment suspension will only last until September 30, 2020. Learn more about student loan relief.

• Evictions and Foreclosures:

Depending on where you live, moratoriums on evictions and foreclosures may be coming to an end. The CARES Act provides certain protections for most tenants in federally-subsidized or federally-backed housing. Learn more about protections for renters, including which cities and states have paused evictions. If you are having trouble paying your mortgage, learn about mortgage relief options.

• Submit Your Financial Resilience Tips
  

We want to hear from you! What are you doing to handle financial challenges or improve your financial wellness during this difficult time? Share your tips, stories or resources for navigating financially through the COVID-19 pandemic, and we’ll feature them in our newsletter. Submit Your Tips