Here's what seniors need to know about COVID-19 stimulus checks:
on April 1 doesn’t give specific guidance on if these debit cards will be utilized for stimulus payment. It reads, “Recipients will receive these payments as a direct deposit or by paper check, just as they would normally receive their benefits.”
“There’s been the big shift to electronic payments at Treasury for many years now, and the Direct Express cards have been an important tool for being able to shift away from paper checks,” Boyens says. “The statement that Treasury put out is ambiguous, but it also says beneficiaries will receive payments as they normally would receive their benefits. I would assume they’re using direct deposit as shorthand for electronic payments, but we don’t have specific information.
At a White House press briefing on Thursday, Secretary Mnuchin said the Trump Administration is working with digital companies and prepaid bank cards to make sure the underbanked get stimulus checks in a timely fashion.
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
This Satellite Company Appointed New Science Officer, Keeps Shipping Going During The COVID-19 Coronavirus PandemicThis satellite company has appointed a new science officer and keeps shipping going during the COVID-19 coronavirus pandemic
Lire la suite »
Covid-19 presents stark choices between life, death and the economyCovid-19 presents stark choices between life, death and the economy. Over time, the decisions facing politicians and medics will probably get harder. Our cover this week
Lire la suite »
How Covid-19 could redefine labor in AmericaCompanies are hoping to funnel their underemployed personnel to grocery chains, pharmacies, delivery services and others in desperate need of employees. Such moves could signal a long-term shift in how work is done in America, labor and policy experts say.
Lire la suite »
China's Hubei province reports four new Covid-19 deaths – latest updatesAs Germany’s coronavirus infections rise past 84,000, here’s a look at other updates: - Thailand reports 103 new cases, 4 new deaths - Saudi Arabia extends curfew timings in three areas - China’s Hubei province reports 4 new deaths For more:
Lire la suite »
Quarantine Book Club: How audiobooks (and Abe Lincoln) are getting me through COVID-19With more time at home in this era of social distancing and self-isolation, we've got a lot more time for reading, right? It's hardly so simple. In this new…
Lire la suite »
How Brands Can Successfully Engage With Consumers Quarantined Due To COVID-19Here's how brands can successfully engage with consumers quarantined due to COVID-19:
Lire la suite »