THE next round of $1,400 stimulus checks will arrive on Wednesday, with the typical family of four getting a $5,600 payment.
The checks began processing on Friday and may be available in some accounts even earlier, the Treasury Department, IRS and Bureau of the Fiscal Service said.
Americans will receive their next payment on WednesdayCredit: Getty
Joe Biden said the typical family of four will get a $5,600 checkCredit: AP
Today, the agencies announced the official pay date is Wednesday, March 24.
However, some people could potentially see the payment in their accounts earlier, as provisional or pending deposits.
The latest round of Economic Impact Payments will come by paper check or prepaid debit card.
President Joe Biden tweeted: “Under the American Rescue Plan, the typical family of four is getting a $5,600 check.
“That money helps folks keep a roof over their head and put food on the table. Help is here.”
A “large number” of payments will be mailed, the agencies said.
This means that any person who does not receive a direct deposit by March 24 should watch the mail carefully in the coming weeks.
They will receive a paper check or a prepaid debit card, known as an Economic Impact Payment Card, or EIP Card.
People can check the Get My Payment tool on IRS.gov on to see if the their payment has been scheduled.
Some people could potentially see the payment in their accounts before WednesdayCredit: Getty
The agencies did not specify how many checks are included in this second round of payments.
IRS Commissioner Chuck Rettig said in a statement: “The IRS continues to send the third round of stimulus payments in record time.”
This round of payments was authorized by Congress and Joe Biden earlier this month.
The payments include up to $1,400 per person, plus $1,400 per child and adult dependent.
Since last week more than 90million stimulus payments have been sent out to Americans.
Meanwhile, people might be able to get a Covid stimulus check from insurance companies as pressure has been mounting on providers.
The petition that has been signed by more than 46,100 people demands a fourth stimulus package for “struggling” Americans and states that “recurring” checks are the only way “to recover from this crisis.”
Some people called on President Joe Biden to immediately begin the talks for the fourth stimulus deal even though the president failed to get Republicans on board with his last $1.9trillion American Rescue Plan.
Others are taking to social media to voice concern that the three stimulus payments over the past year are still not enough “to buy some groceries and pay off some debt.”
The payments include up to $1,400 per personCredit: AP