When Will Stimulus Payments Reach Seniors?

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stimulus payment for seniors
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The third round of stimulus checks is on the way to qualifying Americans. However, CNBC reports that many seniors on Social Security have yet to receive their stimulus payments.

While the COVID-19 pandemic has been challenging for all Americans, seniors have especially felt the social and financial impact. Ensuring that seniors are a priority as these payments are delivered is essential.

Have You Received Your Stimulus Check?

The $1,400 stimulus payments are being delivered through the mail as paper checks or prepaid debit cards. Some seniors might receive the payment as a direct deposit to their bank account.

One way you can check to find out whether the IRS has sent your stimulus payment is by using their online tool. Follow this step-by-step guide to check the status of your payment.

While the rollout of this round of checks has been faster than the last two, lawmakers need to continue to put pressure on the IRS to make Social Security beneficiaries a priority.

Call on Congress for a Fair COLA for Seniors

Although the stimulus payments are helping to provide a needed boost to the economy and financial security to many Americans, seniors deserve more of what they’ve earned.

The Guaranteed 3% COLA for Seniors Act would ensure that there is a fair COLA each year for Social Security beneficiaries. Additionally, this bill must be retroactive to 2010. For the majority of retirees, this would amount to about $10,970.

In the past, there have been years when seniors were not issued a COLA at all. This sets a dangerous precedent. NORA is advocating on behalf of seniors to fight for fair financial treatment. Let Congress know where you stand by adding your name to our petition.

If you think that seniors deserve a fairer COLA, let us know. Connect with us on Twitter and Facebook today!