Last week Congress and the President pushed the huge stimulus package into law. With all of that money, flying around it's important to know what's in it for you. A few highlights from the bill include a $400 payroll tax credit for those earning under $75,000, a $25 raise in unemployment checks, which you can now collect for a longer period of time. Also, if you collect Social Security, you're in line to receive a one time payment of $250 dollars and you won't even have to file any paperwork to get it. Federal programs such as Medicaid will also get a big financial boost. There's a lot in this stimulus package so it really pays (literally) to do your reading to make sure the government shows you the money.
Search AARP Blogs