Millions of people waiting for checks as fourth direct payment stimulus wins backing from lawmakers

The third stimulus checks were issued just weeks ago by President Joe Biden, but millions of eligible Americans have already received their direct payments from the IRS. This is record time for stimulus payments, which took at least a week or two to start processing with the previous two stimulus packages under the old administration.

As of Wednesday, March 25, the IRS had made payments to approximately 127 million eligible Americans through direct deposit and paper checks. And, even more paper checks and debit cards will be on the way in the coming weeks.

These direct cash stimulus payments have helped support the millions of Americans who are struggling to make ends meet due to the COVID-19 pandemic. But while this money is needed by many to cover empty bank accounts and essential bills, not everyone has received their payment yet. Millions of Americans are still waiting for their checks, even as discussions over a fourth direct payment gain support from lawmakers. Here’s why you may still be waiting for your money – and what we know about the possibility of a fourth stimulus check.

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Why are millions of people still waiting for stimulus checks?

While nearly 130 million Americans have already received, or are about to receive, their direct stimulus payments, millions more are still waiting for their payments to land in their bank accounts or mailboxes.

There are several reasons for the delay. The first delay is caused by the type of payment you are supposed to receive.

As with other rounds of stimulus payments, this round of checks, which totals up to $ 1,400 for each eligible adult or child in the household, has been distributed primarily by direct deposit so far.

Those whose bank account information was not registered with the IRS are stuck waiting for a paper check or debit card, which will have to make their way through the maze of the USPS messaging system. before landing in your mailbox.

This can add significant delays to your payment. Fortunately, you might not have to wait as long as you did with past stimulus payments if you expect to receive a paper check or debit card this round. According to the IRS, the Treasury Department mailed millions of paper checks and debit cards last week in conjunction with the direct deposits it made to accounts on file. Others are expected to be mailed in the coming weeks, meaning there may not be as long a delay as there was with the last two rounds of stimulus funds.

The other cause of delay is directly related to payments from Social Security, Veterans Affairs or the Railroad Retirement Board. There are nearly 30 million Social Security, SSI (Supplementary Security Income), Veterans, and Railroad Pension Board beneficiaries who have not received their third check – and there are no still has no update on when they will receive them.

This problem can be caused by the Social Security Administration (SSA) itself, according to a letter from the House Ways and Means Committee to the IRS last week.

“To date, the SSA has still not provided the IRS with the payment files needed for the issuance [stimulus checks] to those struggling Americans, “the letter read.” Because the SSA inexplicably failed to send the necessary payment files to the Internal Revenue Service, tens of millions of recipients have yet to receive their PIEs from which they desperately need it. “

The SSA sent the payment information for the 30 million Americans to the IRS after receiving the letter at the end of last week, but it is still unclear how long it will now take the IRS to send payments to those who are online to receive them. .

This late payment could end up causing even more financial problems for those who are left out of work due to the pandemic. Millions of Americans relied on the direct stimulus payment to help cover rent, mortgage payments or other essential costs, which have been difficult to manage amid a pandemic.

A possible fourth stimulus payment?

The delays on the third stimulus payments are also occurring at a time when lawmakers are renewing talks about a possible fourth stimulus payment – and unlike previous payments, this time it could be a continued infusion of funds for those who need it most.

Last week, more than 60 U.S. Democratic representatives – including Elizabeth Warren, Ilhan Omar and Bernie Sanders – signed a letter ask the president to issue recurring checks to Americans throughout the pandemic. The idea is to help those who need funds to cover their bills and other expenses as the economy recovers from the blow it has suffered from COVID-19.

According to the letter, these lawmakers believe that “one more check is not enough during this public health and economic crisis.”

They urge Biden to issue recurring direct payments instead, saying that “this crisis is far from over, and families deserve the certainty that they can put food on the table and keep a roof over them. their head “.

“It was very encouraging to see the inclusion of direct cash aid in your current economic bailout. However, it is clear that during this unprecedented period in our country’s history, we must take unprecedented further action, ”the group of lawmakers said in their letter. .

The letter urged Democratic leaders to continue sending stimulus checks to Americans in need until the economy recovers.

He also called on the president to send “equal payments to adults and dependents, prioritize those who need it most and spend them fastest, and include older dependents such as than disabled and elderly dependents and those over 16 years of age still claimed as dependents. “

Whether or not that will happen remains to be seen. There are a number of important hurdles that a fourth stimulus bill would have to overcome to gain traction, including bipartisan support at a time when the nation is divided on partisan politics.

What to do if you haven’t received your third stimulus payment

While it’s not clear whether a fourth stimulus payout will make any headway after a call to Biden, what is clear is that your third stimulus payout may still be on its way if you haven’t already. received.

Those who qualify for this economic impact payment but didn’t receive a direct deposit last week may want to keep their eyes peeled for a paper check or prepaid debit card in the mail, the IRS said.

You can use the USPS Informed Delivery System tool to keep an eye on the paper checks or debit cards that await you. You can also track your payment via IRS Get My Payment tool.

To use the Get My Payment tool, you will need to enter your social security number or tax identification number, as well as your date of birth, mailing address, and postal code. If the Get My Payment tool confirms that you are eligible to receive a third stimulus payment, be sure to look at the USPS portal or your mailbox for your card or check to arrive.

About Roberto Frank

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