NEW HAVEN, CT (WFSB) - Checks from the American Rescue Plan are starting to pop up in bank accounts across the country.
President Joe Biden signed the $1.9 trillion stimulus package last week, but what if you’re money isn’t there just yet? When can you expect it?
Old fashioned paper checks or debit cards, it will take a little longer.
Those are expected to go out in the mail by the end of the month.
For those with direct deposit, it's already there or should be soon.
For some, the money started showing up in their bank accounts last week, listed as pending.
That means it just needs to get processed by your bank, usually taking a day or two before you’ll be able to use it.
Anyone making less than $75,000 a year will be getting a $1,400 check from the federal government as part of the stimulus package.
Those with kids under the age of six will get an additional $3,600 over the next year per kid and parents with children 6 to 17 will get an extra $3,000 dollars for each child.
Millions of Americans impacted by the coronavirus pandemic are waiting for the funds.
To help, the IRS has a dedicated page on its website, titled 'Get My Payment', to do just that and answer questions anyone might have.
In fact, starting today, you can enter your social security number, your birth date, and your address and get an update on your status, letting you know if you’re eligible if a payment has been processed, if a payment date is available, and if it's been sent by direct deposit or mail.
“Given the realities how computers work and so forth, more is coming out over the next couple of weeks and if you, as an individual, is not set up for direct deposit with the IRS, they’re sending old fashioned paper checks, and those will take a little longer. They may take several weeks to get out," Professor John Rosen with the University of New Haven explained.
To check the status of a stimulus payment, head to the IRS's website here.