INSIDER
Americans make plans to use 3rd round of stimulus money as payments begin arriving
Read full article: Americans make plans to use 3rd round of stimulus money as payments begin arrivingThe third round of stimulus money is expected to arrive in bank accounts as soon as this weekend, and some people have already received their payment. Many people told News4Jax that they’re either going to use the money to pay bills or put it into savings. Adult dependents were not eligible to receive payments in the previous two rounds of payments. The payments start declining for an individual once adjusted gross income exceeds $75,000 and go to zero once income hits $80,000. She said this stimulus money will help her make some extra money during this pandemic.
Northeast Florida residents relieved $1,400 stimulus checks will go out soon
Read full article: Northeast Florida residents relieved $1,400 stimulus checks will go out soonBased on how quickly stimulus payments have reached bank accounts after other relief bills passed, the $1,400 payments could start to show up next week. Since it’s been expected the American Rescue Plan would pass, News4Jax on Wednesday asked people in Northeast Florida how they plan to spend their stimulus checks. It was hard.”AdAnd while the $1,400 stimulus payment for Rolle will be used to catch up on bills, mother of two Tonetta Lane-Bynes said she will use the stimulus money to prepare for a rainy day. “What we’re going to do with the stimulus money is really save it,” Lane-Bynes said. “We’re building a house, so I’m putting it to our house,” said resident Jean St. Pierre.
Check your account: $600 stimulus payment might be there
Read full article: Check your account: $600 stimulus payment might be thereThe $600 payments were sent by direct deposit to some Americans’ bank accounts Tuesday night. The direct deposit payments will continue into next week. @USTreasury has delivered a payment file to the @FederalReserve for Americans’ Economic Impact Payments. (2/2) — Steven Mnuchin (@stevenmnuchin1) December 29, 2020Later this week, Mnuchin said, Americans will be able to check the status of their payment at http://IRS.gov/GetMyPayment. Americans earning up to $75,000 will qualify for the direct $600 payments, which are phased out at higher income levels, and there’s an additional $600 payment per dependent child.