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2021 Stimulus Package: The Rundown

This week, the U.S. House will be voting on the latest COVID relief bill with a proposed $1.9 trillion in funding, putting the bill on track for a vote in the Senate in coming weeks, and potentially putting stimulus checks in pockets as soon as mid-March.

Below is a quick reference chart with a breakdown of estimated check amounts by household income, based on current writing of the bill.

Chart Showing the Stimulus Check Amounts
As outlined above, adults making less than $75,000 annually would receive checks in the amount of $1,400, Heads of Household making under $112,500 would also receive checks, along with couples making less than $150,000. Dependents would also receive $1,400 and in a departure from the last stimulus package, adult dependents will be eligible to receive checks. Still under debate are income limits for who will receive stimulus funding.

 

How can your stimulus help with debt-relief?

If you are in debt your impulse might be to use this money unwisely. However, now might be the best time to consider CreditAssociates debt-relief program. Your stimulus check can jump start progress with our program, putting you months ahead and saving you thousands in the long run. We help people get out of debt for a fraction of what they owe, in less time than it would take just making minimum payments (Think 24-36 months, rather than 10-20 years!).

To learn more about how our program could help you become debt-free give us a call today or fill out the form above, and one of our certified debt-consultants will walk you through a personalized plan.

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Best Company Top 10
Children's Advocacy Center
North Texas Food Bank
Wounded Warrior Project Corporate Champion