$1,400 Fourth Stimulus Check plus $800 Check, Will You Get Both? – Fourth Stimulus Check Update

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$1,400 Fourth Stimulus Check plus $800 Check, Will You Get Both - Fourth Stimulus Check Update
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$1400 fourth stimulus check, plus a one-time $800 check specifically focused on Social Security, including retirement, disability, SSDI survivors, SSI, VA, RRB, B, and Medicare beneficiaries. Will you get both? Well, that’s a great question, which is exactly what we’re going to be covering right here on this topic.

So I want to focus on this right here in the topic and talk about in the event of a fourth stimulus check in the amount of $1,400, would you also potentially be eligible for that one-time $800 check as well, specifically focused on all of those beneficiaries that I just mentioned a few seconds ago? This is a great question and I want to focus on it right here in this topic. So let’s get into it and discuss all the details, however, really fast before we do, thank you so much for visiting. Things are changing very rapidly right now.

There’s a lot coming up and there’s a lot being introduced each and every day, especially as it pertains to money, benefits, raises, to benefits reform, new piece of legislation, new bills, money checks, stimulus, and so much else that continues to happen every single day, which is why I’m watching everything closely. I’m watching all this information as it is hitting the wire or as any lawmakers or people like the president or the administration, anybody like this coming out, introducing, talking about, or discussing any details as far as further money programs or anything else for the low income and specifically the fixed income that I’ve mentioned throughout this topic. So again, thanks so much for joining me. Please make sure to subscribe down below if you haven’t done so yet, so you don’t miss any topics going forward during this very busy time and I’ll continue to be here for you right by your side as that is my dedication and commitment to you and this community. All right, thanks again.

Let’s jump into it and discuss this very important question and of course the answer. All right, let’s get into this. So obviously at this point, we all understand what a $1,400 for a stimulus check is or what it would possibly be right now. Again, you probably understand my kind of take and my stand on a fourth stimulus check right now because I’ve talked about it in previous topics. But in case you are curious to know about this, here’s where I stand on a fourth stimulus check.

In the event of a fourth stimulus check being approved, I think this is again, my opinion. I could be 100% wrong or I could be right on. Only time will tell and we will see about this. But in the event of a fourth stimulus check being approved, I do believe that in the event there is one, it will be a highly focused check for all of those beneficiaries that I mentioned earlier in this topic. Social Security, retirement disability, SSDI survivors, SSI, VA, RRB, and probably the low income to some capacity.

So the fact of the matter is that is where I currently stand on this. I do not foresee a broad Ford stimulus check going out to 85% of the population. Now, I think it would be highly focused on maybe 40 to 50 million tops. That’s probably about it. And highly focused on the low income and, of course, the fixed income.

All right, so that’s where I currently stand on that, just in case you haven’t seen the previous topics talking about that. However, now some of you have been reaching out, wondering, okay, in the event of a fourth stimulus check and in the event of this $800.01 time check or card for all of these fixed-income beneficiaries, would it be one or the other? Do we get both? Where do we stand with this? Can you give some clarity?

Yeah, sure. Let’s talk about that. All right, so this $800 check or slash card that I’m talking about is that one that was introduced a number of months ago out of senior Senate Democrats to send out this one-time card to actually kind of account for taking out dental coverage out of the expanded Medicare coverage, right? We’ve talked about this before as well. But what they want to do is they want to expand Medicare coverage to include hearing, dental, and vision, right?

This whole story. Well, basically they took out dental coverage because it’s too expensive, and they said, well, let’s make it up to the people by sending them out a one-time $800 card. Okay, now that we know where that is coming from and the fourth stimulus check, here’s what it comes down to. Some of you have been wondering, okay, in the event both of these are approved, in the event both of these come forward, will we get both? Will we get one or the other?

Will one cancel the other one out? These are some valid concerns because some of you have been saying, if I can choose, I want the 1400 Obviously, right? I think everybody would choose the 1400 because why wouldn’t you? It’s $600 more, right, but it doesn’t really come out that way.

It’s not like you get to pick or choose. It’s not really like you get one or the other. One does not cancel out the other. That’s not how this program works. So they are two completely separate things.

One, again, in the event that it’s approved, one is a fourth stimulus check. That again would be basically just a lump sum check where you can go and spend it on anything you want. You can save it, you can spend it, you can give it away, you can do whatever you want with it, doesn’t matter. There’s no strings attached. It’s a stimulus check, just like the last three that we’ve received over the last two and a half years here.

Doesn’t matter what you did, right? They didn’t really care. They just basically said, here’s some money, do whatever you got to do with it, right? Go buy some stuff, save it, whatever you got to do, it doesn’t matter at all. Pay down bills, literally, it doesn’t matter.

So that’s kind of the idea behind the simulation check. However, this $800 card that they’ve talked about, again is completely separate. This would be as a result of Medicare expansion and this card would be replacing the dental coverage that were supposed to be there, but ultimately didn’t make it into Medicare expansion. However, here’s what they said about the $800 card. They want you to spend it on dental coverage.

So maybe you go to the dentist and you get a cleaning or scrape, whatever they call it these days. I don’t really know where they take that little annoying tool and they scrape on your teeth forever and make your teeth bleed. I’m not sure if that happens to you, but it certainly does to me, right? Some really nice experiences here. But anyway, fact of the matter is, you’re supposed to go to the dentist and use it on dental procedures, whether it happens to be fillings or crowns or just cleaning, just checkups, things like this.

Whatever it happens to be, whatever you do at the dental office, whatever goes there, whatever happens at the dental office, stays at the dental office, right? You know what I mean? So my point is that’s where the $800 is supposed to be used, so it’s not to be going out and buying food and groceries and gas and whatever else we need right now. That’s not really what the intention is for, but rather it would be for dental coverage. And as I’ve said in previously in other topics, the fact of the matter is, whether you actually need dental work done or not, $800 is not that hard to spend at the dentist, right?

So just a simple cleaning and exam from the dentist is like $300. So obviously that’s probably different through where you are around the country in different locations, things like this. But for the fact that the matter is, $800 is not going to go that far, right? A simple crown is what, like $200, $400, something like that. So that’s going to burn that up really fast, right?

So anyway, the fact of the matter is, long story short here, and to answer the question, it’s not a picking or choosing. It’s not you get one or the other. It’s not that one cancels out the other. They are two completely separate things. One would be a no strings attached, one $400 check, or whatever they would decide to do in the event of a fourth stimulus check if they did actually happen to approve one.

And again, that would just be like a lump sum cash amount that you can just go and spend on whatever you want, save it, spend it, give it away, whatever you want. It does not matter at all right now. These days, I can’t imagine anybody would be giving it away, but I’m just saying that was just kind of my example where you can do whatever you want with it. Next, this $800 card. Again, you’re supposed to be using it for dental.

But again, we’re kind of waiting for further information on both of these right now to see what the administration wants to do, what Congress will approve and send to the administration. At this point, the president would probably sign any piece of legislation that gets to his desk. I think we kind of know the gridlock that’s going on in Congress right now, right? There’s not a whole lot of stuff being done. There’s a lot of talk and not a whole lot of action.

So any bill that gets to the President’s desk, he’d probably just be excited to slap a signature on it, right? Regardless of what it is, he’s probably just excited to finally sign something these days. So probably what it would come down to anyway, we saw people like Bernie Sanders, who is very much an advocate for expanding Medicare coverage and again, we’ve been hearing about this a little bit more lately, especially with this new talk coming out about them wanting to expand Medicare, do Medicare for all, Social Security expansion, lowering prescription prices, all kinds of different things like this. So of course, Medicare for all is also kind of wrapped right into it as well. So it’s kind of two different approaches on this.

There’s Medicare for all, which again would be widespread. That’s kind of like a big task that they want to undergo. And then of course, there’s also the expansion of Medicare. So it’s kind of like two different ways trying to approach Medicare right now and actually change it up a little bit. Anyway, sorry, it’s kind of a long-winded answer.

I apologize about that. But the fact of the matter is, no, they’re two completely separate things, no strings attached payment in the event that they did one. And then of course, a card that would be supposed to be used on dental, things like that. So hopefully that helps you out. So again, for those of you that have been asking down in the comments section, thanks so much for your questions.

I do appreciate it. Please make sure to leave any questions, comments, and feedback down below. As I’ve always said before, I do read as many comments as I can each and every day. I try to respond to as many as I can each and every day. And if I do see the same questions coming up time and time again over the course of a few days, a few weeks, a couple of months, something like that.

I feel like there’s probably more people out there that are wondering the same thing, which is why I come back and make these dedicated topics. So I hope this one helps you out again, Also, share this topic. thank you.

 

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