Millions of Americans received their coronavirus stimulus payments, but many may still be waiting for that money to arrive.
According to the Treasury Department, more than 80 million Americans are expected to receive money via direct deposit in their accounts. That information will come from their 2018 or 2019 tax return.
Who is next in line to receive their check? The government will send out more payments, which include direct deposits, followed by mailed paper checks. If a person has their direct deposit information on file, that taxpayer will get priority on receiving their money. If you have not submitted that information, Americans can still do it.
If those who have not received their checks submit their bank information online by April 30, then they should receive the money by the next week.
Mailed paper checks will start coming to people’s mailboxes by April 20. Around 5 million checks will be sent by mail by that date. But, it could probably take up to five months for every check to arrive.
Next, during late April, the money will be sent to social security recipients who did not file tax returns in 2018 and 2019. This includes survivor and disability insurance beneficiaries and adult social security retirement.
All adult SSI beneficiaries can expect to receive their money by early May. The funds will be obtained the same way they receive their benefits.