Most but not all Social Security recipients to get automatic stimulus deposits

Most recipients of Social Security benefits need do nothing to get a $1,200 stimulus payment directly deposited into their accounts, assuming they otherwise are within the income guidelines.  Deposits began hitting accounts this past weekend.  However, the following three groups should visit the web page of the Internal Revenue Service.

  • Social Security beneficiaries (including retirement, survivors, and SSDI) who have dependent children under 17 and haven’t filed tax returns in 2018 or 2019.
  • Supplemental Security Income (SSI) recipients, especially those with qualifying dependents.
  • New Social Security beneficiaries in 2020 who haven’t filed tax returns in 2018 or 2019, regardless of whether they have dependents.

For those that fit into one of the above three categories, Matthew Frankel of The Motley Fool notes it is in their financial best interest to visit the IRS Economic Impact Payments page and provide their information as soon as possible.  Read his full piece here.



Notice: The link provided above connects readers to the full content of the posted article. The URL (internet address) for this link is valid on the posted date; cannot guarantee the duration of the link’s validity. Also, the opinions expressed in these postings are the viewpoints of the original source and are not explicitly endorsed by AMAC, Inc.; the AMAC Foundation, Inc.; or

Comments On This Topic

  1. So when should the people on social security and SSI receive there Deposit and check from the covid19 package

What's Your Opinion?

We welcome your comments. Join the discussion and let your voice be heard. All fields are required

Website by Geiger Computers