Confused About Your Stimulus Check? Here's What You Need to Know
Ever since COVID-19 took hold in the U.S., it's been wreaking havoc on the economy, so much so that fears of a full-fledged recession continue to circulate. It's also forced millions of Americans into unemployment while leaving countless small businesses at risk of never reopening.
But there's help on the horizon in the form of a $2 trillion economic stimulus package that was approved in late March. Not only does this plan include provisions for small businesses, but it also includes a $1,200 stimulus payment for all eligible U.S. adults.
Still, many Americans are confused about the stimulus plan, and in a recent FinanceBuzz survey, 55% said they have no idea how much money to expect from it. If you feel like you're in the dark about your stimulus payment, here are a few things you need to know.
Source Fool.com
