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Yes! $2,000 Fourth Stimulus Check – Low Income, Social Security, SSDI, SSI, Seniors – Fourth Stimulus Check Update

Yes! $2,000 Fourth Stimulus Check – Low Income, Social Security, SSDI, SSI, Seniors – Fourth Stimulus Check Update

Yes, when it comes to a $2000 fourth stimulus check specifically focused on the low-income and fixed-income beneficiaries of Social Security retirement disability, SSDI survivors, SSI VarB, low-income, no-income seniors, older adults, and, of course, people with disabilities. I have all the details and what you need to know right here on the topic. So let’s get right into it. $2,000 4th stimulus check or a stimulus check in any dollar amount specifically focused on the low-income. Again, this is a very common question and it’s a really good question that I think we all want to know the answer to. So let’s get into it and talk through all the details. If you’re enjoying this topic.

It’s a busy, confusing and uncertain time that we’re living through. Either way, we’ve got to stick together through this and I’m here for you every single day, no matter what. All the individuals and groups that I mentioned at the beginning of this topic, which by the way, encompasses a huge, huge percentage of our population, just fixed income beneficiaries alone encompass about 70 million beneficiaries, not to mention the other about 37.9 million people living in low income right now. So again, we’re talking like, what is that, 110,000,000 people or so? It’s a lot of people. It’s about 30. Is that like 40% of our population in this country? Again, it’s a lot of people.

We want to know the answers to this, right? All right, so here is the question, and again, I want to give you the details about this. Actually, let me say this really quickly before we do. And again, I always like to throw this out there as a disclaimer. As of right now, I think we all completely recognize this, but again, I want to say it anyway. As of right now, a $2,000 stimulus check has not been approved.

Okay? We all know this, okay, I think we all completely recognize this, but I want to leave this disclaimer out there so we’re all understanding this. And again, I don’t have people down below saying, you said it’s coming. No, not right now. As of right now, no.

Okay, But things have changed a lot. Has this year been weird? Oh, yeah. Is it going to get more weird? Oh, yeah. This is just the start of it, okay? What we’re seeing today is just the start of something much bigger coming.

Okay?

Either way, we can talk about all that on a separate topic. All right, so here is the question I see down below in the comments section. If we get a fourth stimulus check or if they approve a fourth stimulus check, if they send out a fourth stimulus check, will I get it? Now, again, I’m not talking about like me. Like me right here. I’m talking about me as in, this is the question that I see and fill in the blank with me being Social Security, retirement, SSDI, SSI, VA, senior Person with Disabilities, I mean, the list goes on and on. Again, just fill in the blank with whatever category we want to say there. It doesn’t really matter.

Okay? Fixed income, beneficiaries, low income. That’s why I mentioned all of them at the beginning of the topic. All of these beneficiaries, low income, fixed income, everybody like this. Okay, here’s what it comes down to. Many of us want to know, will we be included? Okay, this is a great question. Now, again, I completely understand right now there’s a lot of people out there. And again, we’ve had this before. In fact, the last check that we got, the one $400 back in, it was supposed to be in March of 2021, but it ended up being April. Why they forgot about us. I mean, let’s just be real for a second. It happened. We all are, for the most part, wondering what is going on with another check? And the details are, if they approve something, will they include us? I think we all have had this happen before where they forget about us, right? They forget about the low income, they forget about the fixed income. So I think a lot of us are wondering, are they going to forget about us again? And they did it the last time. They forgot about us for about a month, actually.

It was just a few days shy of a month until they actually came forward and actually paid that last check out. Again, I was covering that in real time as things were happening, we were investigating, we were diving deep. A lot of things were happening at the time. I was calling the IRS, I was calling Social Security, I was calling all kinds of places at the time. I mean, literally, we were on the phone in topic calling them, saying hey, where’s our money? You know what I mean? Do you remember those days? It was kind of fun during that time. And again, it was very, very confusing to think everybody got their check at the time and then fixed income beneficiaries got nothing. Do you remember that? And then eventually we got the answers to all of our questions and finally it came in almost a month after it was signed into law and when it went out to most people. So again, I think we all completely recognize there are times that they do forget about us. And honestly, it’s very frustrating and annoying because we feel like we’re the ones that are struggling the most.

We need the money the most, and then they send it out to us last. Does that make any sense? I don’t know, but it seems kind of weird how this always happens, right? So anyway, long story short, the question is, will we be included for another check? Now, again, I want to say this much. I have no clue what Congress is going to do, okay? I don’t know what they’re going to have in the legislation. Every single time we’ve seen this, the last three checks that we got in early 2020, the one $200, late 2020, the $600, early 2021, the one $400, all of those had different provisions, okay? Some of them included adult dependence. Some of them didn’t include adult dependence. Some of them had different income thresholds. They all had different things about them, right? They all had their own set of rules. So my point is, in the event of another check being approved, the first thing we need to do is look at all the rules. What is Congress going to write into the legislation as far as who would be eligible to get the check? However, let me say this much really quickly, and again, I don’t know what Congress is going to do.

However, I do know one thing. What they do determine the basis and the eligibility of a check on is income.

They’ve always had it based on income and then usually they wrap up a few other parameters around it, okay? But here’s one thing I do know. The major determining factor of somebody who’s eligible or not eligible for a check is income.

That is what we want to focus on. Now let me throw some details for you really quickly. Generally, the income thresholds are anywhere between about seventy five thousand dollars to one hundred thousand dollars as an individual and $150,000 up to $200,000 as a married couple, okay? Now let me ask you as a fixed income or low income beneficiary, is your income below that level? Generally, the answer is yes for most people, okay? Now, the only exception to that would be somebody who is a Social Security retirement beneficiary, who is maybe receiving benefits and working possibly full time, taking down a huge, huge income that would possibly push them over those thresholds. But again, the number of people that fall into that category is probably very, very small. Other than that, by definition, well, not in all cases, but most people that are living on a small fixed income benefit are well below the income thresholds.

So long story short, and again, I wanted to explain that so we can all understand this, but long story short would be this much. In the event of another check being distributed or being approved, looking at the income thresholds, would fixed income, beneficiaries and low income be included? By all means, the answer would be yeah, of course, yes, 100%. There would be no reason about it that you would not be included.

It’s generally wrapped around income thresholds like I just described right there..

Does that make sense? Now, unless they write some kind of piece of legislation or a provision into it that says everybody gets a check except for low income and fixed income, would they do that? There’s not a chance. And here’s the thing, if they wrote it in, would the President sign that? Highly doubt it. I don’t think that’s going to make its way through Congress. So again, just want to say that that could be something that happens. Highly doubt it would ever happen. I don’t think that would happen. In fact, if another check would be approved, I wouldn’t be shocked to see another check if it happens to be approved. And again, I don’t know what they’re going to do. But if this economic situation continues to happen at the pace that it is, I wouldn’t be shocked at all to see another check. Again, I’ve talked about all the details before in other topics of why they use stimulus check to stimulate the economy by giving people money..

So my point is, in the event of another one, I wouldn’t be shocked if it was a highly focused check just on low-income and fixed-income. They did that back in 2009. They sent out a highly focused check just on low-income and fixed-income. I wouldn’t be shocked to see that again. Now, does that mean that it’s going to happen? I don’t know. I have no clue what Congress is going to do. They don’t even know what they’re going to do until the situation presents itself and then they’re going to scramble and then they will do something about this. But long story short, and to answer your question would be in the event of another check, whether it’s one $402,000, $5.13, whatever it happens to be, whatever Congress decides to do at that time, will low-income and fixed-income be included? My honest answer and most transparent answer that I can give you on this would be 100% yes. But again, I can’t guarantee anything because I have no clue what Congress is going to do. But my reasoning behind this would be there’s no reason that you wouldn’t be included considering the main parameter that they have wrapped around these checks every single time is income.

It’s income is number one, and then number two after that is always these little parameters is who’s going to get it? Are adult dependents going to get it, our minor dependents going to get it, our representative payee is going to get it. You know what I mean? It’s all those details like that that they hammer out afterward. But generally it’s always, what are the income thresholds going to be? And then they say, okay, if your income is below this, then you get a check.

 

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