Social Security Beneficiaries: Here's When You'll Get Your Stimulus Check

https://www.fool.com/retirement/2020/04/27/social-security-beneficiaries-heres-when-youll-get.aspx

Katie Brockman
Apr 27, 2020 at 12:01PM

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Here's when you can expect to receive your stimulus money if you're collecting Social Security benefits.

The first people to receive their stimulus checks will be the ones who have their direct deposit information on file with the IRS. In that case, the IRS will simply deposit your stimulus check straight to your bank account.

If you're receiving your Social Security benefits via direct deposit, your bank account information should already be on file. The IRS is working with the Social Security Administration to determine who is eligible to receive a check and where that check should be sent, so you shouldn't need to do anything to get your payment.

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Whether you receive your check in a matter of days or months will depend on your income. The IRS is sending checks in a particular order, with the lowest-income individuals receiving theirs first. If you fall into that category, you can likely expect to receive your check relatively soon. But if your income falls closer to the $99,000 per year income limit (or $198,000 per year for married couples), you might not receive your check until late August or early September. If your income falls somewhere in the middle, you'll likely receive your check sometime this summer.

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