In this 2 Minute Q&A Tuesday, we’re going over the big news of the stimulus check and the unemployment benefits. We must get the basics down of what’s going on and what to expect. I was asked, how much the stimulus check will be and if any extra aid for unemployment will be available. This didn’t leave me much time to go over some of the other parts of the Coronavirus Relief Bill that covers so much. To help your research go a little smoother. I listed some great resources that can help further any other questions you have regarding the bill.
Stimulus Check Break Down
The most popular questions everyone wants to know is how much the stimulus check will be and who qualifies. This was a big topic during the first stimulus check and even more now that the benefit has been lowered. Making a lot of Americans question what is enough stimulus, and how complex 2020 taxes will be. To help break down what you need to know now regarding the stimulus check, here is a quick chart.
Extra Unemployment Aid of $300
We can’t forget about the big news about the $300 extra aid to unemployment that will last until March 14, 2021. This will be a total of 11 weeks with added unemployment benefits for those who need it most right now. The best thing we can do during this time is to maximize these benefits to make sure you have a roof over your head, food to eat, and a good internet connection. This way you can stay on top of what’s going on in the world, stay safe, and take care of your family. I hope this quick breakdown of the stimulus check and unemployment benefit update was helpful. As always stay safe, blessed, and focused on your family’s well-being.
Coronavirus Relief Bill Resources
- Coronavirus Relief Bill
- IRS – Get my payment tool
- Forbes – Relief Bill Q&A
- CNBC – Second Stimulus 101
- NYTimes – Stimulus Update
- Meet Kevin – YT Relief Bill Breakdown
