NOTE: This is a free article provided by The Washington Post.
Social Security recipients may start seeing payments by April 29. SSI and Veterans Affairs benefit recipients who don’t file a tax return and have dependent children need to act by May 5 to claim the $500-per-child stimulus payment.
With May’s bills coming due soon, many people are still waiting to get their $1,200 stimulus payment as part of the trillions in federal assistance meant to help Americans suffering from the financial fallout of the coronavirus.
Under the $2 trillion Coronavirus Aid, Relief, and Economic Security Act, or Cares Act, passed last month, the Treasury will eventually send out 150 million stimulus payments to eligible Americans.
On Friday, the Treasury Department and the IRS reported that 88.1 million payments worth nearly $158 billion had been issued in the program’s first three weeks. That’s no small feat. Yet it’s little consolation for the tens of millions worried about when they’ll get their money.