Latest Stimulus Check News For Social Security Recipients
President trump signed the bill into law on dec.
Latest stimulus check news for social security recipients. Like the previous cares act that passed the senate back in march the heals act includes a provision for a second round of 1 200 stimulus checks that will be sent to millions of eligible. Many social security recipients get their monthly benefits through direct deposit. The irs has until friday to send out a second stimulus check to qualifying adults with an additional 600 for each eligible child dependent.
On december 28 the u s. Senate majority leader mitch mcconnell on tuesday blocked an attempt to vote on the 2 000 stimulus checks approved by the house but resurrected the higher payments in a new bill that includes. If that s you you re in the same situation as any tax filer for whom the irs has bank account details on record.
That includes social security retirement beneficiaries and railroad retirees as well as those receiving social security disability insurance ssdi supplemental security income ssi and veterans affairs va benefits. While the cares act authorized payments valued at up to 1 200. The bad news is the next covid 19 stimulus check will be smaller than the last one not only for retirees but for most americans.
House of representatives voted to pass a bill to increase the 600 stimulus checks to 2 000 with the bill receiving the needed two thirds majority of the members voting. This is how much social security retirees will receive from the second coronavirus stimulus check the good news for retirees is that they are not excluded from receiving the second coronavirus. If you re a part of the ssi or ssdi.
Essentially everyone who got a stimulus check in 2020 and who still qualifies will get a second check this year.