Thursday, April 2, 2020

All You Need To Know about Stimulus Checks, Unemployment, and More

In their coverage of the pandemic, The New York Times has produced an informative and thorough article on the benefits the federal government is currently providing. It addresses key questions such as payment size, eligibility, when and how to receive payments, how long payments will continue, and so forth. The highlights are as follows
  1. Stimulus Payments: $1,200 per adult and $500 per child under 16
  2. Unemployment Benefits: $600/week more, 39 weeks
  3. Student Loans: Payment suspension until 9/30/2020
  4. Retirement Accounts
  5. Charitable Contributions
  6. Other Features of the Bill

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