The IRS reopened its ' Get My Payment' website following the passage of the American Rescue Plan, allowing people to track when they might receive their stimulus checks. Many Americans pour stimulus money into stock market 04:37 Can I track my payment? 'It's material improvement, but it indicates over one-third of consumers are continuing to feel some sort of financial impact,' Wise told CBS MoneyWatch.

That represents a significant decline from a year earlier, when about 6 in 10 people said their household income had taken a hit, but it continues to show the ongoing struggles facing many Americans, said Charlie Wise, head of global research and consulting at TransUnion.

About 38% of people said their household income remains impacted by the crisis, according to a study from TransUnion, a financial services firm. economy, millions of people continue to experience financial hardship. One year after the pandemic shut down the U.S. Some lawmakers are pushing for a fourth round of payments even as the IRS continues to distribute the third stimulus checks. The IRS prioritized sending checks to people who have already filed their 2019 or 2020 tax returns, since the agency was able to quickly verify eligibility based on income and also determine where to mail or direct deposit the checks.Ībout half of the newly issued checks were sent via direct deposit, with the other half sent through the mail via paper checks or pre-paid debit cards, the IRS said. The timing and delivery of checks has been a cause of anxiety for some people, especially for those who receive government benefits such as Social Security and don't typically file taxes. 30 million Social Security recipients still waiting for their stimulus checks.That means the most recent recipients will receive a direct deposit on Wednesday, or soon get a paper check or pre-paid debit card in the mail. The latest round includes 1 million payments, with the IRS noting they have an official payment date of May 12. The Internal Revenue Service has delivered more than 165 million payments, with a total value of approximately $388 billion, the agency said Wednesday. started delivering $1,400 stimulus checks in March, the federal relief payments continue to arrive at millions of households struggling to make ends meet amid the coronavirus-hobbled economy.

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