Social Security Provides Important Information on Stimulus Funds for Beneficiaries with Dependent Children Under Age of 17, Along With Other Important Details

The Social Security Administration has provided important information pertaining to funds available to beneficiaries in the recently passed $2 trillion stimulus package. SSA said the Treasury Department has launched a new web tool allowing quick registration for Economic Impact Payments for eligible individuals who do not normally file a tax return, and also announced that it would begin making automatic payments. However, for some people receiving benefits from the Social Security Administration — specifically those who have dependent children under the age of 17 — it is to their advantage to go to this portal to ensure they also get the $500 per dependent Economic Impact Payment.  The Social Security Administration is encouraging these beneficiaries to do this as soon as possible. SSA said people who receive Social Security retirement, survivors, or disability insurance benefits and who did not file a tax return for 2018 or 2019 and who have qualifying children under age 17 should ...