The American Rescue Plan Act of 2021 is now a done deal. This third round provides stimulus checks—or IRS “recovery rebates”—of up to $1,400 for every “eligible individual.” But what’s the fine print?
Our government’s rationale for sending a card as opposed to a live check is primarily to reduce fraud. Although this may be a reasonable rationale, the question still remains for most people that received the card: how do I extract funds out of this thing?
We want you to be aware of the $2 Trillion “Coronavirus Relief Package” provisions in order to take full advantage of the financial assistance as needed.