Trade Adjustment Assistance (TAA)
The Trade Adjustment Assistance (TAA) program is a federal program established under the Trade Act of 1974, as amended in 2009. The TAA program provides aid to workers who have lost their jobs or whose hours of work and wages are reduced as a result of foreign trade. TAA offers a variety of benefits and re-employment services to assist unemployed workers in preparing for and obtaining suitable employment.
Workers may be eligible for:
- Training – Up to 156 weeks of full-time or part-time training
- Job Search Allowances – For costs of a job search outside of the local area
- Relocation Allowances – For costs of relocating to a job outside of the local area
- Health Care Tax Credit – Tax credit covering 72.5 % of workers health insurance premium
- RTAA – A wage subsidy for workers 50 years or older and reemployed at a reduced salary
- Trade Readjustment Allowances (TRA) – Monetary income support for up to 156 weeks if enrolled in full-time approved training
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The primary objective of TAA is to assist adversely affected workers in returning to suitable employment as quickly as possible at a comparable wage.