Millions Of Americans Will Officially Get Stimulus Checks This Morning

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Stimulus Day — not to mention St. Patrick — is a reason many will raise a glass on Wednesday.

A third coronavirus stimulus check should officially land in millions of Americans’ bank accounts on Wednesday morning, banking industry groups say.

That’s the so-called settlement date for the first wave of “tens of millions” of $1,400 payments that the Internal Revenue Service began distributing last week, according to the National Automated Clearing House Association, also known as Nacha.

The IRS has not publicly said exactly how many checks have gone out, but the Independent Community Bankers of America told financial institutions to expect about 90 million direct deposits worth a total of $242 billion on Wednesday, The Washington Post reported.

The IRS has also mailed another 150,000 checks with a payment date of March 19, the trade group reportedly said.

Read more at NY Post.

{Matzav.com}


3 COMMENTS

  1. Great. I’ll be ringing your doorbell sometime this week. Don’t give me your usual bubbeh maasah about “I don’t have anything now”.

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