But, with the new legislation, a family of four could qualify for the largest amount of aid yet, receiving as much as $5,600 in stimulus payments. While it may not be a long-term solution, it can help ease the burden on cash-strapped households.
This round of checks will phase out completely at lower income levels than the previous two rounds of stimulus checks to better target low-income households, but some high-earning households will still qualify for some aid.
Quite a lot has been going on:
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People Like Money – Mother Jones
Joe Biden stops at the Cone Shoppe to meet Iowa voters in Monticello, Iowa, in April 2019. Melina Mara/Getty
Do you remember when Barack Obama gave Americans $400 of stimulus money to help them get through the Great Recession? Neither do I. Sadly, that was by design. Democrats, high on a supply of Cass Sunstein nudge-ism, didn't want you to know they were sending you money.
A decade and a reality television president later, Democrats have realized that a little garishness goes a long way. On Thursday, President Joe Biden signed a $1.9 trillion stimulus bill. Two days later, people are getting their $1,400 direct deposits from the IRS. One of the few good things on Twitter right now are the posts about the "stimmy" coming from a president who has been labeled MoneyBaggJoe.
These money and investing tips can give you stronger legs to run with the bulls — or from them -
These money and investing stories, popular with MarketWatch readers over the past week, can help you figure out when to run with the investor herd and when to run away from it. That's especially important when inflation and interest-rate concerns are making it tougher for investors to get a clear sense of stocks' near-term direction.
Inflation expectations have risen over the last couple of months
The threat retirees face from higher inflation
Other things to check out:
16 Money Rules That Millionaires Swear By
"I almost exclusively shop with coupons," she said on "Conan," sharing that her personal favorite place to shop with coupons is Bed Bath & Beyond. "It's the best one because they've got 20% off, and if you go and buy a duvet or an air conditioner or whatever, you could be saving upwards of $80."
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Spanx founder Sara Blakely kept her day job while starting her shapewear company to make sure she'd be able to maintain a healthy nest egg.
Alaska will get a massive injection of money from the COVID-19 aid bill. Here's where it'll go.
Over the next several months, Alaska will start seeing the impact of the newest COVID-19 relief package — the American Rescue Plan — which President Joe Biden signed into law this past week.
The $1.9 trillion packag e is one of the largest stimulus acts in American history, and the $1,400 individual checks started showing up in Americans' bank accounts over the weeken d .
But beyond individual payments, the act also includes several provisions and sets aside funding that will have far-reaching impacts on Alaska's economy. From a child tax credit that has the potential to lift thousands of children out of poverty, to assistance for local and state governments, the package "touches every facet of Alaska," said Mouhcine Guettabi , an associate professor of economics at the University of Alaska Anchorage.
Happening on Twitter
50 great ways to spend your third stimulus check: https://t.co/FKpmUIzTkj https://t.co/qRRbqFjmL6 Forbes (from New York, NY) Sat Mar 13 23:58:38 +0000 2021
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