Social Security/SSI receipients to receive $250 by late May

[tinytim]

President Obama recently signed the American Recovery and Reinvestment Act of 2009. This act provides for the one-time payment of $250 to individuals who get Supplemental Security Income (SSI) or Social Security benefits.
We expect everyone who is entitled to a payment to receive it by late May 2009. No action is required on your part.

Check it out here...

http://www.socialsecurity.gov/payment/

 

[LeBuick]

Check it out here...

http://www.socialsecurity.gov/payment/

Did you hear the logic? They were sure they would spend it...

 

[JPPT1974]

Of course, you know, they would spend it!

 

[donnA]

How can you be sure they'll spend it?

 

[sag38]

Wow, that ought to boost the economy. Good going Obama!!!

 

[windcatcher]

Rest assured, if the government and banks honor it...... It will be spent.... As to whether it does any thing for the economy will remain to be seen.

The last 'rebate', I held onto, initially doubting my own integrity of accepting it with the conservative scruples I had. I lost it in the paper shuffle.... Then, in December, when I was at my wits end as to how to pay my property taxes on my social security, after already juggling some bills, partially paid.... and putting off car repairs needed since last summer..... Praise God I came across that check .....still current, and deposited it and paid with a few added dollars, the property taxes due. A few might save their check..... but many people living on social security..... especially if that is their only income.... will spend it.

As much as I used to shop in the past...... and thought I needed 'stuff', I now pay taxes, and buy gas, and utilities of water, garbage, land line with internet, (no tv cable) and food, and medical when scripts or visits are due...... oh, yes..... auto insurance. Everything else is luxury! Even tp and household supplies..... either get at dollar store (everything $1) or don't get. Can't find it there? I'll do without. Besides there quite a bit one can do the ole-fashioned way with baking soda, plain salt, white vinegar, or a little bleach....... or coconut oil.

 

[LeBuick]

The last 'rebate', I held onto, initially doubting my own integrity of accepting it with the conservative scruples I had. I lost it in the paper shuffle.... Then, in December, when I was at my wits end as to how to pay my property taxes on my social security, after already juggling some bills, partially paid.... and putting off car repairs needed since last summer..... Praise God I came across that check .....still current, and deposited it and paid with a few added dollars, the property taxes due. A few might save their check..... but many people living on social security..... especially if that is their only income.... will spend it.

What a testimony... :thumbsup:

I agree, they'll spend it and by that time we'll be getting our $13 per week. If 100 Million people get $13 per week that will be $1.3 Billion in additional spending PER WEEK.

 

[donnA]

and by that time we'll be getting our $13 per week. If 100 Million people get $13 per week that will be $1.3 Billion in additional spending PER WEEK.

I asked you on another thread you must not have seen it, when this was supose to start. My husbands boss was here last week and we were all talking, and she hasn't heard anything about it, she wanted to know more. because shes the check writter and hasn't been told anything yet

 

[donnA]

by the way, I've said it on here before, so it's no secret, that I am legally disabled, and if I recieve this money, it will not be spent. i know several who will spend it right away, but I know even more who will not. We aren't all stupid enough to waste money.
Nor will we be spending this big windfall of $13. a week either, if we recieve it.

 

[LeBuick]

I asked you on another thread you must not have seen it, when this was supose to start. My husbands boss was here last week and we were all talking, and she hasn't heard anything about it, she wanted to know more. because shes the check writter and hasn't been told anything yet

April 1st... That's a government SHOULD not WOULD.

http://www.voanews.com/english/2009-02-21-voa3.cfm

U.S. President Barack Obama says the tax cuts in the economic recovery bill he signed recently should take effect by April 1. Mr. Obama calls the stimulus package the first step on the road to economic recovery.

 

[LeBuick]

by the way, I've said it on here before, so it's no secret, that I am legally disabled, and if I recieve this money, it will not be spent. i know several who will spend it right away, but I know even more who will not. We aren't all stupid enough to waste money.
Nor will we be spending this big windfall of $13. a week either, if we recieve it.

You will get a one time check of $250...

http://www.albertleatribune.com/news/2009/feb/28/tax-credits-will-impact-workers-and-businesses/

If you don’t take taxes out of your paycheck, the IRS requires you to report the credit on your income tax return next year. If you don’t work and are on Social Security or veterans benefits, the government will cut you a $250 check.

 

[donnA]

April 1st... That's a government SHOULD not WOULD.

http://www.voanews.com/english/2009-02-21-voa3.cfm

I'll let her know, I don't know anything about writitng payroll checks, but she said she hasn't recieved a new updated tax book(whatever it's called), all she has is the original for 2009, nothing with this update in it. So if they plan on starting 4/1 they'd better get busy getting those books out to employeers, or it isn't going to happen.
Thanks for the info, knew you'd be the one to ask.

 

[LeBuick]

I'll let her know, I don't know anything about writitng payroll checks, but she said she hasn't recieved a new updated tax book(whatever it's called), all she has is the original for 2009, nothing with this update in it. So if they plan on starting 4/1 they'd better get busy getting those books out to employeers, or it isn't going to happen.
Thanks for the info, knew you'd be the one to ask.

It's the government, I have no hope they will get it to every employer on time. It would make sense to put the new rules on line but they're probably etching it in stone and will have carrier pigeons do the delivering.

 

[LeBuick]

Dbl post...

 

[donnA]

your probably right

 

[TomMann]

I've qualified for SS disability and my first day of eligibility (actually getting paid) will be April 1, 2009. Course my first check won't come until May. I think they said the third week. Wonder if even I will get the $250.00. Think I'll splurge and buy a new tooth brush.