Within all the States of the United States we can find a great variety of financial helps. This makes it possible for many families to pay each monthly bill. For that reason, the Social Security Administration is a fundamental part of American life. Thanks to this organization, disabled citizens, seniors and other families can have enough money for the whole month. If we can add to this the stimulus check, a family would have greater purchasing power. However, this is not possible in most cases.
Keep in mind that stimulus checks are a tax rebate. Therefore, in order to qualify for one of these checks, payment of taxes is mandatory. Although federal taxes are mandatory for everyone, it is necessary to reach a minimum income to pay them. The majority of Social Security users do not pay taxes because they do not reach the taxable minimum. The bottom line, therefore, is that we cannot collect stimulus and benefit checks from Social Security because we do not pay taxes by collecting a benefit.
Yet, there are many retirees who continue to work. This group of workers is very abundant in these last years, especially due to inflation. Therefore, in these cases it might be possible to receive the stimulus check, since we would be paying the necessary taxes. Even so, we should have paid our taxes by April 18 of this year 2022.
What do I have to do to receive the stimulus check while collecting Social Security?
Just like any other worker receiving thestimulus check, Social Security beneficiaries do not have to go through any process. The only requirement to qualify for the stimulus check is to have all your taxes paid. Once you pay all your taxes on time, you should be able to receive this stimulus check.
The estimated date of receipt of these checks is before the end of this year 2022, although the government is trying to send them so that all beneficiaries have it in November. On the other hand, Social Security payments follow their usual schedule, so on the 9th, 16th and 23rd of November the SSA will send benefits to all seniors and people with disabilities.
Stimulus checks do not work with Direct Deposit, but Social Security benefits do. That is why it is important to have it active if we have a benefit, as it will help us to have immediate Social Security money. It is the best way to be able to pay our bills, rent and other monthly expenses on time.