Kiplinger

Your 2020 Stimulus Check: How Much? When? And Other Questions Answered

Although the law hasn't been finalized quite yet, it sure looks like Uncle Sam is going to be sending you a check sometime soon under a bill passed by the U.S. Senate. To counter the coronavirus-induced economic meltdown, the Trump administration and Senate leaders worked out a plan to flood the U.S. economy with cash and provide relief for Americans who are taking a financial hit. One way to do this is to send us all direct payments from the government's coffers. But there are a lot of unanswered questions about these payments. At the top of the list: How much will we all get? And when will we get it?

Fortunately, we have answers to these and other frequently asked questions about the economic stimulus checks. We also have a handy Stimulus Check Calculator that tells you how much money you can expect (everyone's check will be different). Read on to get the answers you need to the questions you have. Once you know more about the stimulus payments, you can start figuring out how you can use the money to your advantage.

You’re reading a preview, subscribe to read more.

More from Kiplinger

Kiplinger5 min read
What You Need to Know About Life Insurance Settlements
Your life insurance monthly premium can start looking less and less appealing once you’ve retired. It’s a scenario Dan Simon, a retirement planning adviser with Daniel A. White & Associates in Middletown, Del., has seen quite often, even with his own
Kiplinger3 min read
19 Best Stocks to Buy Now for High Upside Potential
If the goal is to find stocks to buy when prices are lower rather than higher, it stands to reason that the time to go looking for the best stocks to buy is right now.  After all, the market is off by more than a fifth so far this year, which means i
Kiplinger2 min read
Stock Market Today: Stocks Go on Wild Ride as Fed Targets More Rate Hikes
Stocks spent most of Wednesday in positive territory, but went on a roller-coaster ride after the Federal Reserve, as expected, issued its third straight 75 basis point rate hike. The Fed's rate hike sparked plenty of chatter among Wall Street's expe

Related Books & Audiobooks