Have You Received Your Second Economic Impact ("Stimulus") Payment Yet? Believe it or not, it might be coming by prepaid debit card! (Or it might not be coming at all)

Have You Received Your Second Economic Impact (“Stimulus”) Payment Yet? Believe it or not, it might be coming by prepaid debit card! (Or it might not be coming at all)

Posted on: January 26, 2021

(Provided by the Aging & Disability Resource Center of Jefferson County via Deb Weberpal)

Have you received your stimulus check yet? Most people received their stimulus check by direct deposit in their bank or by check in the mail, but did you know that millions of individuals are going to receive their stimulus check by prepaid debit card? DON’T THROW THEM AWAY!! The IRS states that the debit cards are arriving in a white envelope that displays the U.S. Department of Treasury seal on them. The debit card is called an Economic Impact Payment Card.

Per the IRS website, the cards can be used to make purchases online or in stores where Visa Debit Cards are accepted. You may also transfer your funds into your personal bank account; please check with your bank on how to complete this action.

Please check the website below for more information or to have your specific stimulus questions answered.

IRS Electronic Impact Payment Card website: https://www.irs.gov/newsroom/millions-of-taxpayers-will-receive-their-second-economic-impact-payments-by-debit-card

Banner note: Not all citizens are receiving $600; in fact, due to an income limit, some will not receive a payment at all. This article from Kiplinger answers sixteen FAQ’s about the “stimulus” payment.