When to Expect Deferred Incentive Check If You Are a Social Security Recipient
Finally, after several weeks of delays, the roughly 30 million Social Security recipients eligible for the third round of aid checks will receive their payments in April. The new schedule applies to those receiving SSI, SSDI, Retirement or Veterans’ Benefit. Here’s a look at the timeline and how to track your payments if you qualify.
Expect payments by April 7 for most programs.
The IRS announced on Tuesday that they will begin mailing out checks this weekend, and that most of these payments will be sent electronically on April 7, either via direct deposit or to existing Direct Express debit cards. The only exception is for Veterans Affairs recipients, as the IRS expects their payments to be paid by mid-April.
However, some social security recipients have already received their payments, including those who used the Non-Filers tool in the past year (the tool is for very low income people who usually do not need to file taxes) or have already filed their 2019 or 2020 Tax Returns. G.
Why were payments delayed?
Eligibility for the third round of incentive reviews is usually based on 2019 or 2020 tax returns. However, because many Social Security and SSI recipients do not file tax returns, the IRS had to get information about eligibility for the Social Security Administration, which Kiplinger said oversees these benefit programs. However, the transfer was delayed for nearly two weeks, resulting in four Democratic congressmen writing a letter to the SSA asking them to expedite the transfer of payment files, which they did the next day.
How can I track my payments?
You can use the IRS Get My Payment tool to track your payment, although it won’t update for federal social security beneficiaries until this weekend (check out this Lifehacker post for more information on using this tool). Also, note that due to the non-standard benefit legislation, the last round of incentive checks may be confiscated by private debt collectors , but not from late alimony payments (as was the case with previous checks).