Now the wait begins but fortunately, it should be shorter than the first time around.
Heres when you could expect your second stimulus check.
When Will Your $600 Stimulus Check Arrive?
This post refers to stimulus checks issued in 2020. For the most up-to-date info, check out ourrecent tax articles.
Treasury Secretary Steven Mnuchin has indicated that this round of checks could start going out even sooner.
Of course, at that point, President Trump was expected to quickly sign the relief bill.
Its unclear how the timeframe will be affected since Trump didnt sign the bill into law until Dec. 27.
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Mnuchin expressed confidence in the same timeline earlier this year during stimulus bill discussions that ended in stalemate.
I could get out 50 million payments really quickly.
Plus, the new bill establishes a Jan. 15 deadline for the IRS to send out payments.
How Can You Get Your Check Faster?
Sorry, but there isnt much it’s possible for you to do right now.
Youll probably have to wait and receive your payment by mail.
Well update you if that changes.
Robin Hartill is a certified financial planner and a senior editor at The Penny Hoarder.
She writes the Dear Penny personal finance advice column.
Send your tricky money questions to[email protected].
(Can you sense my millennial sarcasm there?)
You know which ones were talking about: rent, utilities, cell phone bill, insurance, groceries…