The Surprising Group of People Who Might Get a Stimulus Check
Millions of Americans have been hurt by COVID-19, and with the economy still largely shut down, the onslaught is likely to continue. Thankfully, lawmakers passed the CARES (Coronavirus Aid, Relief, and Economic Security) Act in late March, and it's loaded with provisions designed to ease some of Americans' financial woes. In addition to boosting and extending unemployment, relaxing retirement plan withdrawal rules, and funding forgivable loans for small businesses struggling to keep up with payroll costs, the CARES Act also allows for a one-time, $1,200 stimulus payment that will likely serve as a lifeline for many of the people who receive them.
A good 88 million Americans have received those payments already, and more payments are expected to go out in the coming weeks via both direct deposit and paper checks in the mail (though the latter could take a while -- as much as five months to arrive). Furthermore, there are some Americans who aren't entitled to stimulus payments -- namely, those who earn too much money, and those aged 17 or older who are claimed as a dependent on a parent's tax return. But here's a surprising group of people who may be getting stimulus checks: the deceased.
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Source Fool.com
