Well..... the schedule for the disbursement of these checks is in today's local newspaper. It says "more than 130 million households will get these checks." It's interesting how the amount of these checks is worded. "Individuals will receive up to $600 and married couples will receive up to $1200. And of course parents will receive extra payments based on the number of children younger than 17 that they have. So the way I interpret that is, an individual could recieve $5.....it says "up to $600." The last two digits of one's Social Security number dictate when taxpayers will recieve their checks.
Using the last 2 numbers of you SS # and if you have used direct deposit payments will be transmitted no later than;
00 through 20~today 21 through 75~May 9th 76 through 99~May 16th
Paper checks will also be distributed based on SS #. Payments will be mailed no later than;
00 through 09~May 16th 10 through 18~May 23rd 19 through 25~May 30th 26 through 38~June 6th 39 through 51~June 13th 52 through 63~June 20th 64 through 75~June 27th 76 through 87~July 4th 88 through 99~July 11th
I'm not sure about the direct deposit & the mailing part of this deal. Up until this last year, I've always had my IRS Refund Check mailed to me. But since we were going to be "on the road" this year....I did the direct deposit thing so I'd have it to "enhance" my vacation experience. And believe me...I spent it.
My SS # ends in 86 so I won't know until at least May 16th and I won't be out pre-spending this money. I want to see exactly what the amount is before I go crazy. And besides what ever it is, it will be put aside for an adventure that's being planned for the middle of October.