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More About Stimulus Payments for Seniors

There’s no question that information about stimulus payments, even that from the IRS and the Department of Treasury, has sometimes been conflicting and contradictory. That’s probably understandable, considering that economic relief payments are going out to about 150 million Americans, many with different and unique circumstances which don’t fit nicely into the standard rules defined by the CARES Act (Coronavirus Aid, Relief and Economic Security Act). In this Forbes article by Kelly Ann Smith, the author describes some of the confusing announcements made by the IRS and how the agency has reacted to and corrected deficiencies in their original payment distribution plan. This article tells Social Security recipients and other seniors what they need to know about their stimulus payment. Click here to read more.

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