Millions of Americans Are Missing Their $1,400 Stimulus Checks
Starting this weekend, many of the roughly thirty million Social Security, Supplemental Security Income (SSI), and Railroad Retirement Board recipients in urgent need of financial assistance will have their checks processed.
The Internal Revenue Service and U.S. Treasury have announced that they are currently disbursing four million more coronavirusstimulus checks for the third batch of Economic Impact Payments under the $1.9 trillion American Rescue Plan.
In all, this now brings the total sent out to cash-strapped Americans so far to more than 130 million payments worth approximately $335 billion.
According to the IRS, the current batch of checks included more than two million direct deposit payments, with a total value of more than $5 billion, and about two million paper checks worth nearly $5 billion.
Stimulus update: Latest batch of checks will include extra payments for some Americans
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What to Know About Tax Credits in the American Rescue Plan
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