Monday: Silly Questions
It’s Monday, the start of a new week.
Ask your embarrassing, silly, or worrisome questions. Come learn and discover without judgment.
Syndicated from the fediverse. Read and engage on the original instance.
View original on lemmy.caView original on lemmy.ca
5 replies
I have two jobs. A full time tech job where I've already hit my EI and CPP max and a part time minimum wage job with 5-15 hours a week.
If I get laid off from the tech job, will I get EI? I suspect the answer is no, even if I quit my 2nd job at the same time I'm laid off.
The problem is, my 2nd job cheque is less then I'd get from EI and I doubt I'd get more hours if I asked... The only reason I have the 2nd job is to put 100% of that pay (less a bit for tax time) on the principal of my mortgage. I don't "need" this money at all and I'm locked in for another 3 years. Just wanted to pay off the house a bit faster.
The answer to this should be on govt websites, iirc the amount is less any other sources of income. So severance payouts take a big chunk out of ei, I expect same for any side income you get. But check govt websites
My understanding when I read it the first time was that any job would negate EI all together. I'll have to have a second look. Thanks!
Where’s the best place to put money in a high interest savings account?
I’ve been with simplii for a really long time but it’s not clear what interest rate I’m going to be getting in my HISA after the promotional offer and I really don’t like that the promotional interest isn’t paid out monthly.
Should I just sign up for an investment account and buy the equivalent of cash.to (which doesn’t seem to offered at big bank investment accounts)?
I really like EQ Bank. Easy 5% ish GIC's or 3% savings. You'll prob receive higher % long term through actually investing but, this is safe and reliable