Home Business A third stimulus check is on the way

A third stimulus check is on the way

by The 100 Companies

On March 11, President Biden signed the American Rescue Plan, a third relief package since the pandemic’s start, aimed at helping low and middle-class Americans.

Providing $1.9 trillion, the bill includes another round of direct stimulus payments up to $1,400 per person, an extension of unemployment benefits and tax breaks.

Payment eligibility is narrower than in previous rounds.

• Full payments to individuals making $75,000 or less or joint filers $150,000 or less.

• Payments then phaseout, with individuals making more than $80,000 and joint filers more than $160,000 not receiving payments.

• Additional $1,400 per dependent, including college students claimed as dependents.

MaryGrace Williams, 360 Media, Inc.

You may also like

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More

The Atlanta 100