Next Stimulus Payment -- WHEN????

[Anonymous]

If there is another stimulus payment and/or continued enhanced unemployment you better believe it will be less and go to fewer. Lots of basic jobs are going unfilled because people are doing better on unemployment. Crazy.

[Anonymous]

Anonymous wrote:My bet is September or October. Maybe late October if you know what I mean.....

This is the only possibility. It's not happening before then.

[Anonymous]

Anonymous wrote:If there is another stimulus payment and/or continued enhanced unemployment you better believe it will be less and go to fewer. Lots of basic jobs are going unfilled because people are doing better on unemployment. Crazy.

There is no data to support this statement.

[Anonymous]

The senate isn't planning to consider anything until the second half of July.

[Anonymous]

Anonymous wrote:

Anonymous wrote:I haven’t even gotten the first one yet.

You should assume you won’t.

Got mine yesterday (7/1) just as I assumed they’d stopped issuing them . Some weird amount tho 727.56 not sure how they calculated it but I ain’t complaining.

[Anonymous]

Anonymous wrote:Middle of July.

And it needs to fricking hurry up. I don't know how much longer my husband and I can keep helping family. Plus my husband lost his job and there isn't going to be a going back to that. Since we got a small severance his applying for unemployment was for nothing. Apparently $46,000 makes you unqualified for any relief. It's stressful carrying so many burdens. Lots of people are suffering. You just never hear about them.

The Senate is on leave for the entirety of the middle of July -- so definitely not. They're on vacation from July 3rd - 17th.

So yeah...not happening.

[Anonymous]

Anonymous wrote:

Anonymous wrote:Middle of July.

And it needs to fricking hurry up. I don't know how much longer my husband and I can keep helping family. Plus my husband lost his job and there isn't going to be a going back to that. Since we got a small severance his applying for unemployment was for nothing. Apparently $46,000 makes you unqualified for any relief. It's stressful carrying so many burdens. Lots of people are suffering. You just never hear about them.

The Senate is on leave for the entirety of the middle of July -- so definitely not. They're on vacation from July 3rd - 17th.

So yeah...not happening.

So the Senate is going to go on vacation then declare $600/week is over for the unemployed? Will be interesting to see how they handle a depression economy in August with only a few months before the election.

[Anonymous]

So how do they handle the ages of kids? If it's approved past my DC's 17th birthday, they don't qualify? Or is it if they are under 17 any part of the tax year?

[Anonymous]

Anonymous wrote:So how do they handle the ages of kids? If it's approved past my DC's 17th birthday, they don't qualify? Or is it if they are under 17 any part of the tax year?

The law has not been passed yet. No one knows.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Middle of July.

And it needs to fricking hurry up. I don't know how much longer my husband and I can keep helping family. Plus my husband lost his job and there isn't going to be a going back to that. Since we got a small severance his applying for unemployment was for nothing. Apparently $46,000 makes you unqualified for any relief. It's stressful carrying so many burdens. Lots of people are suffering. You just never hear about them.

The Senate is on leave for the entirety of the middle of July -- so definitely not. They're on vacation from July 3rd - 17th.

So yeah...not happening.

So the Senate is going to go on vacation then declare $600/week is over for the unemployed? Will be interesting to see how they handle a depression economy in August with only a few months before the election.

They're talking about writing a bill and passing it between the 18th - 31st of July. But it sounds ridiculous. If I wrote a thesis in college in a week I'd get a failing grade.

The Senate does it and its fine. We'll see if they can even do it.

It wouldn't make sense to me for them to NOT pass it and then try to do something new in August/September. The 50 states worked hard to sync their systems to the new unemployment payout system; won't go over well to have to redo it because they passed a new bill with new regulations.

[Anonymous]

Anonymous wrote:

Anonymous wrote:Middle of July.

And it needs to fricking hurry up. I don't know how much longer my husband and I can keep helping family. Plus my husband lost his job and there isn't going to be a going back to that. Since we got a small severance his applying for unemployment was for nothing. Apparently $46,000 makes you unqualified for any relief. It's stressful carrying so many burdens. Lots of people are suffering. You just never hear about them.

Your husband got a $46k severance package?

Yes. For 37 years of loyalty. It was supposed to be $67,000 but the govt took their cut. We have a HSA with 14k in it so we're needing that to cover healthcare for a year. I did manage to save $150,000 in the three years since we paid off our house but when your sister is off work for a hip replacement and needs just about everything that entails for a few months, BIL got cut hours and I can't stand the thought of him not having enough food or no phone, son got laid off so we carried them for four months. It couldn't be helped. Another works gig jobs and needed a car plus rent for a while. Husband went to work one morning and came back home with no job. We're both 60 so at the rate we're going money will start evaporating. We won't make it to SS. If we could tap into our IRA without getting tax f'd we could do all this and not worry. We could split the next stimulus again like the first one, help everyone out with at least enough gas and food for a month. Pay one's rent for a month, house note for another.

We're poor millionaires. But it's really not funny. Something will give way soon. Something good I hope.

My husband was one of 750 that lost their job in the company. We are fortunate to have saved what we did when we did. Still, seeing minuses instead of pluses in the bank account stings, NEVER EVER think your job is forever.

Five of our neighbors no longer have jobs. This corona crap has been hell on lots of people.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I haven’t even gotten the first one yet.

You should assume you won’t.

Got mine yesterday (7/1) just as I assumed they’d stopped issuing them . Some weird amount tho 727.56 not sure how they calculated it but I ain’t complaining.

Most people didn't pay attention, but the first one is going to so many people and they are sending like 5M out every week. It just takes a while to get around to everyone. A of June 5, they had sent out an estimated 159M checks. They staggered the distribution of the stimulus checks based on people's income. They started with those who had direct deposit information already registered from tax refunds for year 2018 and year 2019 because those could be sent out quickly. After that, they are sending out based on income, starting with the lowest incomes and going up. The more income you have, the later it would be. But the original checks were going to take until September to finish distribution. If you have an income an HHI over $70K, the checks are still coming.

This article has a general timeline of when to expect the checks:
https://www.kiplinger.com/article/taxes/t054-c000-s001-when-will-i-get-my-stimulus-check-2020.html

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Middle of July.

And it needs to fricking hurry up. I don't know how much longer my husband and I can keep helping family. Plus my husband lost his job and there isn't going to be a going back to that. Since we got a small severance his applying for unemployment was for nothing. Apparently $46,000 makes you unqualified for any relief. It's stressful carrying so many burdens. Lots of people are suffering. You just never hear about them.

Your husband got a $46k severance package?

Yes. For 37 years of loyalty. It was supposed to be $67,000 but the govt took their cut. We have a HSA with 14k in it so we're needing that to cover healthcare for a year. I did manage to save $150,000 in the three years since we paid off our house but when your sister is off work for a hip replacement and needs just about everything that entails for a few months, BIL got cut hours and I can't stand the thought of him not having enough food or no phone, son got laid off so we carried them for four months. It couldn't be helped. Another works gig jobs and needed a car plus rent for a while. Husband went to work one morning and came back home with no job. We're both 60 so at the rate we're going money will start evaporating. We won't make it to SS. If we could tap into our IRA without getting tax f'd we could do all this and not worry. We could split the next stimulus again like the first one, help everyone out with at least enough gas and food for a month. Pay one's rent for a month, house note for another.

We're poor millionaires. But it's really not funny. Something will give way soon. Something good I hope.

My husband was one of 750 that lost their job in the company. We are fortunate to have saved what we did when we did. Still, seeing minuses instead of pluses in the bank account stings, NEVER EVER think your job is forever.

Five of our neighbors no longer have jobs. This corona crap has been hell on lots of people.

No offense, but you were not the type of family that the stimulus was intended for. If you're "poor millionnaires" then you are outside the scope of the stimulus.

That said, someone in your family, your husband, your BIL or your son should start working and bringing in additional income for the extended family. There are still many many jobs at Amazon, third party shippers who contract with Amazon, Door dash, Instacart, Target, Walmart and many other stores that are open that need employees to work. My neighbor works at Home Depot and they need more employees in most every store. She says that they don't have enough staff to cover all shifts, especially if/when someone has to take off for illness. There are many jobs out there and if you don't qualify for stimulus or it isn't enough, someone in your extended family (most likely your son, since he is going to be the least susceptible and in the least danger of getting seriously sick) needs to work. He can do what my neighbor does. She goes to work, comes home and immediately tosses clothes in the laundry and showers and washes up. She's been doing this every week since March (Home Depot never had to close) and no one in their family including her mother who lives with them, have gotten sick.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Middle of July.

And it needs to fricking hurry up. I don't know how much longer my husband and I can keep helping family. Plus my husband lost his job and there isn't going to be a going back to that. Since we got a small severance his applying for unemployment was for nothing. Apparently $46,000 makes you unqualified for any relief. It's stressful carrying so many burdens. Lots of people are suffering. You just never hear about them.

Your husband got a $46k severance package?

Yes. For 37 years of loyalty. It was supposed to be $67,000 but the govt took their cut. We have a HSA with 14k in it so we're needing that to cover healthcare for a year. I did manage to save $150,000 in the three years since we paid off our house but when your sister is off work for a hip replacement and needs just about everything that entails for a few months, BIL got cut hours and I can't stand the thought of him not having enough food or no phone, son got laid off so we carried them for four months. It couldn't be helped. Another works gig jobs and needed a car plus rent for a while. Husband went to work one morning and came back home with no job. We're both 60 so at the rate we're going money will start evaporating. We won't make it to SS. If we could tap into our IRA without getting tax f'd we could do all this and not worry. We could split the next stimulus again like the first one, help everyone out with at least enough gas and food for a month. Pay one's rent for a month, house note for another.

We're poor millionaires. But it's really not funny. Something will give way soon. Something good I hope.

My husband was one of 750 that lost their job in the company. We are fortunate to have saved what we did when we did. Still, seeing minuses instead of pluses in the bank account stings, NEVER EVER think your job is forever.

Five of our neighbors no longer have jobs. This corona crap has been hell on lots of people.

No offense, but you were not the type of family that the stimulus was intended for. If you're "poor millionnaires" then you are outside the scope of the stimulus.

That said, someone in your family, your husband, your BIL or your son should start working and bringing in additional income for the extended family. There are still many many jobs at Amazon, third party shippers who contract with Amazon, Door dash, Instacart, Target, Walmart and many other stores that are open that need employees to work. My neighbor works at Home Depot and they need more employees in most every store. She says that they don't have enough staff to cover all shifts, especially if/when someone has to take off for illness. There are many jobs out there and if you don't qualify for stimulus or it isn't enough, someone in your extended family (most likely your son, since he is going to be the least susceptible and in the least danger of getting seriously sick) needs to work. He can do what my neighbor does. She goes to work, comes home and immediately tosses clothes in the laundry and showers and washes up. She's been doing this every week since March (Home Depot never had to close) and no one in their family including her mother who lives with them, have gotten sick.

WTF? A family with job loss and medical bills is EXACTLY who the stimulus is for. GTFOH.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Middle of July.

And it needs to fricking hurry up. I don't know how much longer my husband and I can keep helping family. Plus my husband lost his job and there isn't going to be a going back to that. Since we got a small severance his applying for unemployment was for nothing. Apparently $46,000 makes you unqualified for any relief. It's stressful carrying so many burdens. Lots of people are suffering. You just never hear about them.

Your husband got a $46k severance package?

Yes. For 37 years of loyalty. It was supposed to be $67,000 but the govt took their cut. We have a HSA with 14k in it so we're needing that to cover healthcare for a year. I did manage to save $150,000 in the three years since we paid off our house but when your sister is off work for a hip replacement and needs just about everything that entails for a few months, BIL got cut hours and I can't stand the thought of him not having enough food or no phone, son got laid off so we carried them for four months. It couldn't be helped. Another works gig jobs and needed a car plus rent for a while. Husband went to work one morning and came back home with no job. We're both 60 so at the rate we're going money will start evaporating. We won't make it to SS. If we could tap into our IRA without getting tax f'd we could do all this and not worry. We could split the next stimulus again like the first one, help everyone out with at least enough gas and food for a month. Pay one's rent for a month, house note for another.

We're poor millionaires. But it's really not funny. Something will give way soon. Something good I hope.

My husband was one of 750 that lost their job in the company. We are fortunate to have saved what we did when we did. Still, seeing minuses instead of pluses in the bank account stings, NEVER EVER think your job is forever.

Five of our neighbors no longer have jobs. This corona crap has been hell on lots of people.

No offense, but you were not the type of family that the stimulus was intended for. If you're "poor millionnaires" then you are outside the scope of the stimulus.

That said, someone in your family, your husband, your BIL or your son should start working and bringing in additional income for the extended family. There are still many many jobs at Amazon, third party shippers who contract with Amazon, Door dash, Instacart, Target, Walmart and many other stores that are open that need employees to work. My neighbor works at Home Depot and they need more employees in most every store. She says that they don't have enough staff to cover all shifts, especially if/when someone has to take off for illness. There are many jobs out there and if you don't qualify for stimulus or it isn't enough, someone in your extended family (most likely your son, since he is going to be the least susceptible and in the least danger of getting seriously sick) needs to work. He can do what my neighbor does. She goes to work, comes home and immediately tosses clothes in the laundry and showers and washes up. She's been doing this every week since March (Home Depot never had to close) and no one in their family including her mother who lives with them, have gotten sick.

People who ate age 60 should not be working in high contact jobs like Amazon or retail or food industry. That is bananas. I would assume BIL is also upper middle age. Don't be an asshole. PP sounds like she knows how to manage money and I'm sure she can decide when things are so dire financially that it's worth a high- risk person taking a high- risk job without your assistance.

A 60- year- old man lost his job; the chances of him finding comparable employment in this job market at his age are pretty low. They've got years to go before they're eligible for social security and Medicare. Most people in comfortable circumstances like you don't realize how quickly the bottom can drop out. We have a very poor safety net in this country. Because we're a nation of assholes and idiots.