Scott Rusk

Scott Rusk

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What Kind Of Payments Can We Expect From The Stimulus Bill?

Congress and the White House have reportedly agreed on a $2 trillion stimulus bill that includes direct payments to Americans. So what kind of payments can we expect?

The bill includes payments of $1200 for single adults, $2400 for married couples, and $500 for each child under the age of 17.  

Everyone who earns less than $99,000 per year will qualify - about 90 percent of Americans. Those who earn more than $75,000 per year will see reduced payments.

As for how soon the checks will be sent out, it could be anywhere from two to six weeks - likely faster for those who have filed their taxes electronically.


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