Spending Your Stimulus Check? Pay Yourself First
by Tony Drake, CFP®, Investment Advisor Representative, Founder & CEO, Drake & Associates
Apr 29, 2020
2 minutes
The $2.2 trillion CARES Act is the largest emergency relief package in American history. It includes a one-time direct payment to an estimated 93% of taxpayers. Even those receiving Social Security benefits are eligible for a check, even if they haven't filed taxes in the past few years. The money started hitting bank accounts in mid-April, with paper checks close behind.
Individual filers with adjusted gross incomes less than $75,000 a.)
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