Will You Get Your Stimulus Check in Time for Christmas?
Mandatory Credit: Photo by Shutterstock (11519338m) U.S. Treasury Secretary Steven T.
The new stimulus package is due to be adopted today. This morning, Treasury Secretary Steven Mnuchin told CNBC that checks could arrive as early as December 28th to help people get year-end bargains or pay credit card bills in January. That would be worth $ 600 per person in a family with 2019 income less than $ 75,000. After that, there will be an exit and those with an income over $ 99,000 will not receive any payments.
See: How the Stimulus Plan Affects Your Wallet
Discover: How big will your stimulus check be?
The April incentive came with some delays ranging from system overload, incomplete banking information for some recipients, and additional printing time for paper checks to President Trump's signature. This time around, the finance department is better prepared for the distribution, which should lead to fewer headaches and delays.
Since payments are made per person, some households might see a large infusion of cash. A family of two parents and two children would receive $ 2,400, a nice piece of change to help out with groceries, car repairs, or rentals.
What not to do when trying to get out of debt
Do you spend more than the average American on 25 everyday items?
60 Money Moves That Could Prepare You For Life
Guns and 32 Other Things You Definitely DO NOT need to buy during the coronavirus pandemic
You should check here to buy the best price guaranteed products.
First Casualty by Toby Harnden review: this is Afghanistan's Black Hawk Down
Boat captain who lost everything to Ida dedicates his time to helping others
South Dakota man recycles his collection of a million aluminum cans to raise $105K for Make-A-Wish
Trump pushed back when Lindsey Graham asked him to 'repair the damage' with Pence after January 6 riot: book
Minnesota police group says a man claiming to be Derek Chauvin's bodyguard 'never spent one minute' with him
Kyrie Irving Addresses Rumor He Would Retire If Traded by Nets