WASHINGTON — The Financial Industry Regulatory Authority (FINRA), in partnership with the National Association of State Workforce Agencies (NASWA), announced today a nationwide initiative to deliver an educational resource to help workers make better financial decisions during periods of unemployment. The resource, a brochure titled Job Dislocation, Making Smart Financial Choices after a Job Loss, offers specific tips on keeping finances on track while unemployed, asking the right questions about company benefit plans, checking out financial advisers and avoiding job scams.
FINRA will deliver up to 300,000 copies of this brochure to state unemployment agencies free of charge. In addition to helping workers avoid pitfalls when handling their retirement funds and other severance pay during periods of unemployment, Job Dislocation also provides unemployed workers with information on claiming unemployment insurance and the procedures they should follow to notify state unemployment agencies once they start a new job.
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