Marketplace®

Daily business news and economic stories

When will we see the next round of stimulus checks?

If the bill becomes law, you’ll probably start seeing the payments show up in bank accounts within a couple weeks.

Download
When will we see the next round of stimulus checks?
LPETTET via Getty Images

Over the weekend, the Senate passed President Joe Biden’s $1.9 trillion relief package, and now it’s headed back to the House for a vote Tuesday.

It includes funding for vaccine distribution, small businesses and schools.

For individuals, the first thing people probably think about is stimulus checks. There will be another round of those. They’ll be $1,400, but if you got one last time that doesn’t mean you’ll get one this time. Now there’s a hard cutoff for single people making more than $80,000, or married couples who make over $160,000.

And if the bill passes, you’ll probably start seeing the payments show up in bank accounts within a couple weeks. That’s for direct deposit. Paper checks take a little longer.

The bill also extends additional unemployment benefits of $300 a month through early September.

It includes some changes to tax law as well. It raises the child tax credit from $2,000 to as much as $3,600 per child, depending on age and family income. And it expands the earned income tax credit, too.

Related Topics

Collections:

Latest Episodes

View All Shows
  • Marketplace
    3 hours ago
    26:08
  • Make Me Smart
    7 hours ago
    16:46
  • Marketplace Morning Report
    10 hours ago
    6:52
  • Marketplace Tech
    15 hours ago
    6:54
  • How We Survive
    3 days ago
    25:04
  • This Is Uncomfortable
    3 days ago
    26:12
  • Million Bazillion
    5 days ago
    7:35
  • Financially Inclined
    3 months ago
    12:30
  • The Uncertain Hour
    4 months ago
    22:50
  • Corner Office from Marketplace
    5 years ago
    20:58