Stay Ahead of the Game: 2022 Benefit Information for Kentucky Citizens Only
Are you a Kentucky citizen wondering how to stay ahead of the game and take advantage of all the benefits available in 2022? Look no further.
What Benefits can you Expect in 2022?
There are several benefits that are expected to roll out for Kentucky citizens in 2022:
1. Medicaid Expansion
Kentucky has become the latest state to expand Medicaid through the Affordable Care Act. This means that more citizens will have access to healthcare services, including physical, behavioral, and mental health.
2. Family Leave Insurance
Starting in 2022, Kentucky workers can expect to access unpaid leave for family or medical reasons without fearing repercussions.
3. Wage Increases
Kentucky currently ranks among the lowest states in terms of minimum wage rates. However, come 2022, the state’s minimum wage will increase to $9 per hour.
4. EITC Extension
The Earned Income Tax Credit (EITC) is a refundable tax credit that helps low-income workers. In 2022, the state is expected to extend the EITC, allowing more citizens to take advantage of this program.
Maximizing Your Benefits in 2022
With all these benefits coming up, it’s crucial for Kentucky citizens to understand how to make the most out of them. Here are some tips to help you maximize your benefits:
1. Take Advantage of Medicaid
If you’re eligible for Medicaid, make sure you enroll and make the most out of your physical, behavioral, and mental health coverage.
2. Plan for Family Leave
With family leave being introduced, you can take advantage of it to care for yourself or family members without fearing for your job security. Start planning now to ensure you’re best placed when the need arises.
3. Budget Your Wage Increases
The minimum wage increase will be gradual, so be sure to budget accordingly. You may also want to consider investing in your education or skills to increase your earning potential.
4. Claim EITC
If you’re eligible for EITC, claim it to benefit from the extra refunds that can help you get ahead.
The Bottom Line
With 2022 coming up, Kentucky citizens have a lot to gain from the impending benefits. Remember to take advantage of new programs, plan ahead, and budget accordingly to stay ahead of the game.
