Still Waiting on Your Stimulus Check? Here's When the Next Payments Are Going Out.
COVID-19 hasn't just sickened hundreds of thousands of Americans; it's also taken a major toll on the U.S. economy. With countless businesses closed down and millions of Americans scrambling to file for unemployment benefits (a task made more difficult by archaic systems prone to crashes at a time like this), a large number of Americans are eagerly anticipating their $1,200 stimulus payments to cover near-term bills and buy themselves a bit of financial breathing room.
Under the CARES (Coronavirus Aid, Relief, and Economic Security) Act, which was passed in late March, Americans whose income falls below a certain threshold are eligible to receive a one-time stimulus payment in the amount of $1,200. Additionally, those with dependent children under the age of 17 will receive an extra $500 per child.
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Source Fool.com
