What’s in Store for Stimulus Checks in February 2024?

Many Americans are facing financial difficulties due to rising living costs and a shaky job market. Some relief could come in the form of a stimulus check.

Most eligible individuals have already received a $1,400 stimulus check from the federal government. However, reports indicate that over 600,000 eligible taxpayers have not yet received any stimulus funds allocated by Congress.

The $1,400 stimulus check was part of the American Rescue Plan Act of 2021, a $1.9 trillion economic stimulus package aimed at aiding the country’s recovery from the COVID-19 pandemic and recession.

What's in Store for Stimulus Checks in February 2024?

Eligibility for the $1,400 stimulus check was primarily based on income. Individuals earning up to $75,000 annually, heads of households earning up to $112,500, and married couples filing jointly earning up to $150,000 were eligible for the full amount. The payment decreased for higher incomes and was phased out entirely for individuals earning $80,000, heads of households with $120,000, and married couples earning $160,000.

Several states are providing rebate payments and stimulus checks this year, each with its own set of criteria.

  • Alabama
  • Arizona
  • California
  • Colorado
  • Georgia
  • Maine
  • Massachusetts
  • Michigan
  • Minnesota
  • Montana
  • New Mexico
  • Pennsylvania
  • South Carolina
  • Virginia

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