The Federal Unemployment Tax Act (FUTA):
Provides workers payments for a given period of time or until they find a new job, if job was terminated through no fault of their own
Unemployment insurance is based on federal and state systems, with employers receiving a credit against the federal tax for state taxes paid
Which employees are eligible for compensation, the amount they receive, and the period of time benefits are paid are determined by a mix of federal and state law
More information about the Federal Unemployment Tax Act (FUTA).
