IRS says more stimulus checks will land on March 24
Tax agency says many payments will be sent in the mail. Some Social Security recipients say they're still waiting.
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Aimee Picchi is associate managing editor for CBS MoneyWatch, where she covers business and personal finance. She previously worked at Bloomberg News and has been published by national news outlets including USA Today and Consumer Reports. Aimee frequently writes about retirement, and has been a National Press Foundation fellow for reporting on retirement and Columbia University's Age Boom Academy. She's also the editor of the Institutional Investor book "Cultivating the Affluent II," with noted wealth consultant Russ Alan Prince.
Tax agency says many payments will be sent in the mail. Some Social Security recipients say they're still waiting.
Scott gave $4.2 billion to charities in December. Scammers are now sending emails pretending to come from her organization.
About 4 in 10 adults are living on less income than a year ago, with many planning to use the payment to pay off debt.
Tax break was expanded through $1.9 trillion stimulus bill. But IRS is swamped with tax filings and stimulus checks.
Accountants had pressed the tax agency for more time given the challenges of dealing with the coronavirus pandemic.
Banks say they won't have the money until Wednesday, although the IRS began sending the funds over the weekend.
Temporary overhaul will provide most families with monthly income. That could be a "game changer," experts say.
The $1,400 stimulus checks are already hitting people's bank accounts. But some may be in for a longer wait or get less than they should.
About half of spending will directly aid U.S. households, ranging from $1,400 checks to more generous food-stamp payments.
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The pandemic has caused a big reversal for many women, prompting millions to leave the workforce and posing threats to the U.S. economy.
Nearly a year has passed since U.S. theaters closed their doors. Performers say they're running out of time.
Millions of households may get cut out of the next round of stimulus checks amid deal to lower the income phaseout.
Tax agency's backlog of unprocessed returns surged amid the pandemic, leading to a 50% spike in interest payments.
Most Americans say $1,400 payments included in rescue package will last them less than three months, lawmakers argue.