$2 Trillion Economic Stimulus Package

Feds Give Money

Federal lawmakers enacted a $2 trillion economic stimulus package on March 27 that will sent most Americans checks of up to $1,200, as a way to put money directly in the pockets of families struggling to manage the economic fallout of the coronavirus pandemic.

How Much Do You Get?

The legislation gave single adults who reported adjusted gross income of $75,000 or less on their 2019 tax returns a one-time check for $1,200. Married couples who filed jointly received $2,400. Families received an additional $500 for each child under 17. 

More People Receive

"We support direct cash payments to individuals whether working, unable to work, unemployed, or retired,” said AARP Executive Vice President and Chief Advocacy & Engagement Officer Nancy Lea Mond in the letter. “Unlike a payroll tax rebate, which helps only those who receive payroll checks, direct payments provide benefits more broadly, including to people most in need."

AARP worked to ensure that individuals who are collecting Social Security benefits for retirement, disability or Supplemental Security Income (SSI) were eligible for the stimulus payments.