Nonprofit Unemployment Risk Management Programs
U.S. federal law allows 501(c)(3) nonprofit employers to opt out of paying unemployment taxes into its state unemployment insurance pool. Instead, these employers can reimburse their state for any unemployment benefits they may incur. For many nonprofit organizations, this yields annual cost savings in excess of 30% when handled with appropriate risk management services.
In conjunction with the 501(c) Agencies Trust and 501(c) Services, our nonprofit unemployment administration and risk management solutions are tailored to meet the needs of the employer.
Visit 501(c) Agencies Trust for more information or to receive a program cost indication or quote.