Personal Finance

Stimulus Check Update: $1,350 Stimulus Payments Set to Arrive in Select States

The action is a part of an ongoing effort to assist Americans in managing the financial strain that the COVID-19 pandemic and the rising cost of living have placed on them.

Stimulus Check Update: In 2024, the Internal Revenue Service (IRS) will distribute a $1,350 stimulus check.

The action is a part of an ongoing effort to assist Americans in managing the financial strain that the COVID-19 pandemic and the rising cost of living have placed on them.

The job market is sluggish and expenses are rising, so this financial aid comes as a welcome boost to many.

Recovering missed payments

As part of the federal government’s relief efforts, the majority of eligible Americans have already received a stimulus payment of $1,400, but over 600,000 taxpayers have been overlooked due to oversights in the Congress Budget.

The purpose of this upcoming payment is to address those missed by the first round of funding under the American Rescue Plan Act of 2021.

Who is eligible?

People earning up to certain thresholds are eligible for stimulus checks: $75,000 for individuals, $112,500 for heads of households, and $150,000 for married couples filing jointly.

For individuals earning over $80,000, heads of households earning over $120,000, and couples earning over $160,000, the amount decreases and phases out completely.

4th Stimulus Check 2024: Latest Updates on IRS $1,400 Payment for Financial Relief

The states that are in focus

A list of states scheduled to receive these delayed checks has not yet been released, but states such as Alabama, Arizona, and California, among others, are expected to receive them first.

In order to obtain the most accurate and up-to-date information, recipients are encouraged to stay patient and keep an eye on official IRS communications.

  • Alabama
  • Arizona
  • California
  • Colorado
  • Georgia
  • Maine
  • Massachusetts
  • Michigan
  • Minnesota
  • Montana
  • New Mexico
  • Pennsylvania,
  • South Carolina
  • Virginia

Broader Financial Support Available

The U.S. offers a variety of financial aid programs to support those in need, beyond just stimulus checks. These include:

Needs-based Programs: Temporary Assistance for Needy Families (TANF) and the Supplemental Nutrition Assistance Program (SNAP) are just a couple of examples that provide temporary financial help and food assistance to low-income families.

Housing and Energy Assistance: Programs like Housing Choice Vouchers and the Low-Income Home Energy Assistance Program (LIHEAP) help with rental and energy costs.

Tax-Based Benefits: The Earned Income Tax Credit (EITC) and Child Tax Credit offer significant tax relief, while certain conditions allow for student loan forgiveness.

This comprehensive approach to financial assistance reflects America’s commitment to supporting its citizens through tough times, highlighting the nation’s resilience and community spirit.

Eduvast Desk

Recent Posts

Global Pension Rankings 2025: Netherlands Tops, U.S. Falls Behind

The 2025 Mercer CFA Global Pension Index shows the Netherlands has the world’s strongest retirement…

14 hours ago

Verizon $100 Million Settlement: Who Gets Paid and How to Claim

Millions of Verizon customers can now receive cash after a $100 million settlement. Eligible users…

15 hours ago

Federal Student Loan Changes 2025: New Borrowing Limits Affect Graduate Students

A new federal law ends unlimited Grad PLUS loans for graduate students. Borrowing caps of…

3 days ago

SSA Adds 13 New Conditions to Fast-Track Social Security Disability Benefits

The Social Security Administration added 13 new serious medical conditions to its Compassionate Allowances List.…

3 days ago

California Climate Credit 2025: Families Can Save Over $500 Automatically on Utility Bills

California’s Climate Credit gives households an automatic discount on utility bills. Most families in California…

4 days ago

Trump’s New Baby Stimulus: $1,000 At Birth Can Grow Up To $93,000 By Retirement

President Trump’s new law gives $1,000 to every baby born in the U.S. between 2025-2028.…

4 days ago