6 things to do right after losing your job

If you lose your job, do you know what steps to take? Here are some tips.

News 12 Staff

May 13, 2020, 1:48 PM

Updated 888 days ago

Share:

6 things to do right after losing your job
If you lose your job, do you know what steps to take?
Business Insider compiled advice from human resource and retirement experts on what to to:

1. Contact HR at your work.

Ask questions and get any final documentation you may need from the company to prove your job status has changed.

2. Obtain your Federal Employer Identification Number.

Ask for your company's Federal Employer Identification Number (FEIN). This information is needed to file unemployment in some states.

3. Do not wait.

File for unemployment right away. Refer to the U.S. Department of Labor website to see if you qualify for unemployment in your state. 

4. Obtain new health insurance.

Find out how long you can keep your health insurance and learn about COBRA. Check the government health care website to learn more about how to apply for COBRA health insurance. 

5. Stop or change auto-payments for your bills.

Check whether you can pause any bill payments, and identify nonessential expenses to temporarily cut out. Cancel monthly subscription based payments first like Netflix, or a gym membership. 

6. Roll over your 401(k)

Don't leave money on the table. Make sure you roll over your 401(k) savings plan to your next job. 
 
 


More from News 12
1:52
Annual Juneteenth celebration draws crowds to Wolf's Lane Park in Pelham

Annual Juneteenth celebration draws crowds to Wolf's Lane Park in Pelham

2:02
Sunny, hot Monday kicks off scorching week in the Hudson Valley

Sunny, hot Monday kicks off scorching week in the Hudson Valley

0:28
​Poughkeepsie police: Man who pointed replica gun at officers disarmed, hospitalized

​Poughkeepsie police: Man who pointed replica gun at officers disarmed, hospitalized

2:09
Sleepy Hollow Sprint Triathlon raises money for youth summer program

Sleepy Hollow Sprint Triathlon raises money for youth summer program

0:21
Red Cross provides emergency assistance to 33 residents displaced by Yonkers fire

Red Cross provides emergency assistance to 33 residents displaced by Yonkers fire

1:50
Students sing their hearts out for the 2024 'Yonkers Idol' competition

Students sing their hearts out for the 2024 'Yonkers Idol' competition

2:02
 A potential heat wave is coming. These sunscreen tips can save your skin

A potential heat wave is coming. These sunscreen tips can save your skin

1:59
Revelers enjoy Juneteenth festival and parade in Yonkers

Revelers enjoy Juneteenth festival and parade in Yonkers

1:57
Rep. Bowman, Latimer encourage voters to cast ballots early

Rep. Bowman, Latimer encourage voters to cast ballots early

0:29
Police: 2 arrested for stabbing man in New Windsor

Police: 2 arrested for stabbing man in New Windsor

0:29
Saugerties man convicted of manslaughter for fatally beating man in 2022

Saugerties man convicted of manslaughter for fatally beating man in 2022

2:04
Village of Sleepy Hollow raises Pride flag for first time despite opposition from some residents

Village of Sleepy Hollow raises Pride flag for first time despite opposition from some residents

2:04
Kevin Jonas undergoes surgery to remove common skin cancer; urges fans to get checked

Kevin Jonas undergoes surgery to remove common skin cancer; urges fans to get checked

1:39
Showing support for Ukraine in the Hudson Valley during Yonkers Ukrainian Heritage Festival

Showing support for Ukraine in the Hudson Valley during Yonkers Ukrainian Heritage Festival

0:47
Westchester Medical Center pioneers robotic procedure to help those with severe hearing loss

Westchester Medical Center pioneers robotic procedure to help those with severe hearing loss

0:29
Carmel police warn people about recent car burglaries

Carmel police warn people about recent car burglaries

0:35
Prosecutors: Former Wallkill firefighter sentenced to prison for 2021 arson incident

Prosecutors: Former Wallkill firefighter sentenced to prison for 2021 arson incident

1:47
EXCLUSIVE: News 12 uncovers police data that shows 19 children struck by vehicles in Ramapo in 6 months

EXCLUSIVE: News 12 uncovers police data that shows 19 children struck by vehicles in Ramapo in 6 months

1:28
Officials: 7 people injured, 13 families displaced in Yonkers fire

Officials: 7 people injured, 13 families displaced in Yonkers fire

1:03
PARENTS: Dutchess County children lost for 2 hours on nightmare bus ride home

PARENTS: Dutchess County children lost for 2 hours on nightmare bus ride home