Join the Unemployment Savings Program

With an average of 6 million Americans unemployed each year, unemployment costs are one of the biggest expenses that organizations face.

Our Unemployment Savings Program eases this expense, providing a safe alternative to both SUI Tax and Reimbursement Financing that lowers unemployment costs, minimizes liability, and simplifies the employment lifecycle.

State Employment Insurance (SUI) Tax and Reimbursement Financing each come with drawbacks.

As an employer-funded tax, the State Unemployment Insurance (SUI) Tax continually proves itself as a disproportionate financial burden on nonprofits. Many nonprofits are overpaying and struggling to recoup those overages.

As an “opt-out” scheme, Reimbursement Financing can pose significant risks including an unexpected loss of funding, program closures and the wrath of economic crises.

One thing is clear: neither the SUI Tax nor Reimbursement Financing offer financial security to nonprofits.

The Unemployment Savings Program is an alternative that’s tailored especially to your organization. The program offers comprehensive insurance coverage with stop-loss insurance limits for every employee depending on the organization’s size and experience.

It also includes an interest-bearing reserve account. Unlike the taxes paid into your SUI tax account with the state, this interest-bearing reserve account is yours and will be returned to you if you should ever decide to withdraw from the program. Your account balance can be considered an asset and recognized as such in your organization’s financial records.

Get access to state-compliant, individually assured options that reduce unemployment costs, safeguard budgets, and avoid unanticipated expenses. That means no pooled losses, no shared expenses, and no suffering from other members’ negative claim experiences.