Tag: Direct payments for American families

Potential January 2024 Stimulus Payments: Exploring the Expected Financial Assistance for the New Year

Dec 31, 2023

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by

Reia Leen Delantar

in Finance

Families are eagerly awaiting stimulus funds in January 2024 to help them through tough times. Federally approved direct payments of $2,600 for eligible U.S. residents are projected to boost economic growth. Before receiving assistance, persons must verify eligibility at irs.gov. 2024 Social Security Boost: 3.2% COLA Phase-in Brings Financial Relief The IRS provided much-needed financial…