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    AMERICANS have three days to apply for summer stimulus checks and other payment relief. Applying for these benefits could add $1,200 to your checking account balance. 1States and cities are launching their own cash assistance programs In most cases, tax rebates and stimulus funds are one-off payments, whereas UBI recurs. Here is the list of the states and cities that have launched their own cash assistance programs across the country, and are sending payments out in the next month. 1. Chicago, Illinois – $150 Eligible Chicago, Illinois residents can apply each month for transit and gas card funds worth $50 and $100 respectively. Under Mayor Lori Lightfoot's Chicago Moves plan, the city will issue up to 50,000 prepaid gas cards and 100,000 prepaid transit cards. The deadline to apply for these benefits is in three days. READ MORE IN MONEYPAYDAY TIME Exact dates Social Security, SSI, and SSDI are paid in JuneMO MONEY I’m a money expert - Here’s how much money you'll need to retire At least 75,000 of those transit cards will be given...
    ESSENTIAL workers could collect bonuses from a $30million fund this year. Connecticut lawmakers have approved a plan, which includes payments of up to $1,000, sending it to the governor for signature. 1The pandemic bonuses will be overseen by the Connecticut State ComptrollerCredit: Getty The Connecticut Senate passed the plan on May 3 in a 24-12 vote, as reported by NBC Connecticut. The bonuses are part of an update to the budget passed last year. The one-time payments to essential workers is called the Connecticut Premium Pay program. It reportedly includes more than $1billion in American Rescue Plan funds. Read more in stimulusGOLDEN YEARS IRS boosts retirement contributions by $100s for 2023 RENT RELIEF Struggling Americans can now get $2,500 to help with rent - are you eligible? If passed, the changes will take effect July 1. There has been some debate about which workers are essential. For now, a range of employees seem to be included, from health care workers to child care staff. Below are more details about the current plan. Most read in MoneyWIN...
    RELIEF checks are going out to over 850,000 Mainers in time for summer break. On the heels of the announcement, the state has launched a website to help those who want to claim their $850 payment. 1The direct payments will provide over $729million in relief to Maine residents Like most states, Maine has been hit hard by Covid-driven inflation. To help, Maine Governor Janet Mills proposed giving back more than half the state budget surplus in the form of direct payments. State lawmakers backed the plan – and the checks will be sent to about 858,000 Mainers. Maine people have until October 31, 2022, to file a 2021 state tax return and claim their check. Read more on relief paymentsGAS RELIEF Low-income Americans could get $240 payments every three months under proposalEXTRA HELP New plan proposed offering more than 100,000 people a $500 relief check Below is information about the new website, as well as five things to know about the payments. Where is the website? The website – Maine.gov/reliefchecks – aims to answer frequently asked questions. In addition, here are five...
    LAWMAKERS in Pittsburgh were called on by Governor Tom Wolf to use the over $2billion unspent American Rescue Plan money sent to Pennsylvania. Wolf hopes that some of the money will go back to Pennsylvania households in the form of a $2,000 stimulus check. 4Pennsylvania Governor Tom Wolf called on lawmakers to spend billions of dollars in unspent American Rescue Plan moneyCredit: KDKA 4Wolf is pushing for checks up to $2,000 to be given to working-class families in the form of one-time checksCredit: Getty The one-time checks would be similar to the checks that former President Donald Trump and President Joe Biden pushed at the height of the pandemic but on the state level. Wolf is also pushing for the same to be done with unspent relief funds in Harrisburg. “Working families shave been stretched. Their pocketbooks have been stretched to the limit. With the recent dramatic price increases they’ve actually been stretched beyond their limits,” said Wolf at a press conference Thursday. Under his plan, Wolf said that households with incomes of $80,000 or less would be able to...
    MILLIONS of Americans in certain US states will see economic stimulus payments via check or direct deposit, with some bonuses totaling up to $1,000. Thanks to budget surpluses and state tax laws, residents of these four states can expect additional payments from the government in 2022 if they meet eligibility requirements. 1Residents of certain states will see bonus checks totaling up to $1,000 Some of the payments will even be sent automatically, with no additional action needed by recipients. California The Golden State Stimulus programs sent an accumulative $12billion back to state taxpayers in 2021. And Californians could be receiving another round of stimulus checks following a budget proposal in the state. Governor Gavin Newsom revealed what would be a record budget of $286.4billion for the upcoming year, and noted a surplus of more than $45.7billion, which is significantly higher than the $31billion that the state projected in late 2021. Gov. Newsom indicated that there might be another round of stimulus checks coming, saying that the budget would likely allow for "an additional rebate to the taxpayers." Florida Most read in MoneyCHECK PLEASE New $600 one-time...
    Twitter's woke new CEO Parag Agrawal will be paid a $12million bonus to make changes faster after investors said Jack Dorsey moved too slowly, and the new executive will fast-forward bitcoin payments, let users handle moderation and extend targeted ads.  As of Monday, Agrawal was promoted from his four-year-long role as Twitter's chief technology officer to CEO of the $11billion company - a move that was effective immediately after co-founder Dorsey, 45, stepped down via email, which he later tweeted. Agrawal, 37, has been a Twitter insider since joining the company in 2011. Co-founder Dorsey - who became Twitter's first CEO in 2007 - looked to the India-born engineer as his confidant in making major decisions and developing the company's infrastructure. After climbing the ranks at Twitter, Agrawal earned himself a net worth of $1.52million. With this promotion, he will receive an annual salary of $1million, plus bonuses, as well as restricted and performance-based stock unit bonuses valued at $12.5million, according to a company report filed Monday.   As of Monday, Parag Agrawal (left) has been promoted from his four-year-long role as Twitter's...
    CALIFORNIA residents are getting another $600 in the mail after state leaders approved a $100 billion plan to send out new stimulus checks. Governor Gavin Newsom signed the legislation on July 12 that would offer stimulus checks, rent relief, and grants for struggling businesses. 2California will offer residents a $600 stimulus check Dubbed the "California Comeback Plan," the $100 billion will come out of the state's 2021-2022 budget agreement, which is aimed at boosting the state's economic recovery during the pandemic. It is estimated two out of every three Californians will receive the "Golden State Stimulus check" for $600, which will become the biggest state tax rebate in American history. Qualified families with children will also receive an additional $500. The plan will create "the biggest state tax rebate in American history and the largest small business relief package in the nation," Newsom's office said. The governor claimed the legislation will bee partially funded by a "surge in state revenue" in addition to federal recovery funds and a growing economy. California has the highest progressive income tax in the country,...
    WITH millions of payments in the form of tax credits and bonus checks on the way to bank accounts, the possibility of a fourth and even fifth stimulus check remains open. Last month, seven members of the influential House Ways and Means Committee sent out a letter petitioning President Biden to send out a fourth, and even fifth stimulus check. 2Several letters have gone out to President Biden supporting additional stimulusCredit: Reuters The letter stated that "most people spent relief checks on monthly expenses or essentials such as food, utilities, rent and mortgage payments." The lawmakers argued that two additional stimulus payments could bring the number of Americans in poverty from 44million to 16million. Last month's letter is not the first of its kind, as it follows a similar letter spearheaded by progressive "Squad" member Ilhan Omar that reached Biden's desk in January. "Another one-time round of checks would provide a temporary lifeline, but when that money runs out, families will once again struggle to pay for basic necessities. "One more check is not enough during this public health and...
    ANOTHER batch of $1,400 stimulus checks and bonus payments are on the way, with a further 1.8million third relief payments issued by the IRS last week. The IRS, Treasury Department, and Bureau of the Fiscal Service are still issuing relief payments to Americans following the signing of the Americans Rescue Plan in March. Read our stimulus checks live blog for the latest updates on Covid-19 relief... 2A further 1.8million stimulus checks have been issued in the past week There have been a total of 3.9million payments issued in May and 167million since Biden signed the bill. They amount to a total value of $391billion. As with previous batches of the relief payments, this round of third stimulus checks includes some "plus-up" payments for Americans who did not receive the correct amount they were eligible for when they first received the cash. The relief payment first issued by the IRS may have been based on information for their 2019 tax return if they had not yet filed for 2020. 2There were 900,000 plus-up payments issued in...
    The State Board of Education yesterday approved Governor Brian Kemp’s and State School Superintendent Richard Woods’ recommendation that Georgia use federal stimulus funds to provide a one-time, $1,000 bonus payment to every K-12 public-school teacher and other education support personnel. The bonus is being provided to teachers and education support staff to support stronger recruitment and retention of these critical positions as a gesture of gratitude for their work and sacrifices during the COVID-19 pandemic. “These bonuses are intended to thank all public-school employees – from the teacher who found new ways to reach a classroom of students, to the bus driver who kept those students safe on the way to school,” Superintendent Woods said. “We want to ensure these hard-working employees are recognized for their above-and-beyond efforts and we want them to stay in public education for the benefit of the students they serve.” The payments are intended for all teachers and education support personnel in Georgia’s K-12 public schools, including – but not limited to – teachers, paraprofessionals,...
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