- TRA: (608) 267-7772
Fax (414) 393-6825
- TAA: (888) 258-9966
Trade Adjustment Assistance (TAA) and Trade Readjustment Allowance (TRA)
ATAA is a wage subsidy available to qualified participants who are 50 years of age or older on the first day of work at reemployment. Electing the ATAA option cancels out all future eligibility for the TRA weekly benefits, as well as the TAA training benefit.
New employment must be full time, which is 32 hours per calendar week. Multiple part-time jobs can be combined to meet the 32 hours full-time requirement.
The projected annual wages at new employment cannot exceed $50,000.00. If annual wages exceed these amounts then you do not qualify for ATAA.
New employment cannot be at the same employment site as your TAA certified employer.
The ATAA wage subsidy is 50% of the difference between your previous weekly wages and weekly wages at new employment - not hourly wage rates. Overtime pay is excluded from the subsidy calculation.
You must be reemployed at new full time employment within 26 weeks (six months) of your last day of work at the TAA certified employer. Severance pay from affected employment does not extend the 26-week limit for reemployment. Reemployment that began prior to layoff from the TAA certified employer may be considered.
If the petition is certified more than 26 weeks after your last day of work at the TAA certified employer, there is no exception in the regulations that allow an extension of the 26-week deadline limit for reemployment.
There is a one time only 104-week (two-year) time period to claim the maximum $10,000 ATAA wage subsidy that begins with the initial first day of reemployment. If there are subsequent gaps in employment with more than one start date, the 104-week time period does not restart.
You must provide documentation of your age such as a driver's license. You must provide documentation of your wages in the form of a paystub, or statement from the company showing pay rate and hours worked.
ATAA payments are reported to the IRS as taxable income. We cannot withhold state or federal taxes from your ATAA payment. You need to put aside funds to cover any additional taxes that you may owe. One strategy is to reduce the number of exemptions with your new employer, in order to make your tax deductions higher