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3 Reasons Your Stimulus Payment May Be Delayed


Ever since COVID-19 took hold in the U.S., it's been battering the economy and driving millions of Americans into unemployment. To provide relief, lawmakers passed a $2 trillion stimulus package in late March that, among other things, calls for a $1,200 lump sum payment for anyone whose income falls below a certain threshold.

At first, it was unclear as to when Americans would receive their money, and some experts worried it wouldn't go out until May at the earliest. But actually, millions of people have been issued a stimulus payment already via direct deposit, as they started going out the week of April 13.

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Source Fool.com


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