How Do You Know if You Got a Stimulus Check

10 Min Read | Mar 15, 2022

Information technology seems like every time a stimulus check goes out, there'due south a five-second pause before someone starts asking, "So . . . will at that place existsome other stimulus?" (Reminder: The third stimulus cheque went out in March 2021). If y'all're one of those people who has been wondering if a fourth stimulus will happen, nosotros've got your answer: Yes . . .kind of.  It's true,a fourth stimulus chequeis happening—but just ifyou live in certain states in America.

Right now, you lot might be thinking,Wait. What? Really?

Yep, it's for real. Allow's dig into this topic layer past layer and coast to declension.

Are 4th Stimulus Checks Really Happening?

Theyare—but they're not coming from the federal authorities like the last three stimulus checks did. This time, it all depends on what state you lot live in. That'southward right, these 4th stimulus checks are existence given out to some folks at the state and city levels now.

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Back when the American Rescue Plan rolled out, all 50 states equally a whole were given $195 billion ($500 million minimum for each state) to assist fund their own economic recovery closer to home.¹ That's a lot of dough. Merely hither's the catch—they don't have forever to spend that money. The states have to figure out what to spend the coin on by the finish of 2024, and then they accept until the terminate of 2026 to use up all that cash.ⁱⁱ Those deadlines might sound super far abroad, only the clock is ticking hither.

Which States Are Giving Out a fourth Stimulus Check?

Here's the matter, all l states take access to this money—merely they have to figure out how they desire to spend information technology first. And so far, these are the states who have made a game plan to utilize the money equally a fourth stimulus check.

4th Stimulus Checks Given Out to Targeted Groups

Some states are excavation into that wad of cash the government gave them and giving out the quaternary stimulus checks to specific groups of people. The requirements expect unlike for each state, just all seem to take a few things in common—like falling into certain income levels or going through some kind of hardship.

• Arizona

The K Canyon State has a unlike have when it comes to stimulus checks—they're giving them out to people who are going dorsum to work. Arizona's Back to Work Program is offering $2,000 to those who got a task later being on unemployment.³ Just you have to concord downwards your new job for at least eight weeks before getting the benefit.

• California

The Golden State is the simply one on the list to give out big ol' broad-sweeping stimulus checks that expect like the ones the federal government gave out. Hither's how their numbers break down: Californians making $75,000 or less were sent a quondam check of $600 or $1,200 as part of the Gold State Stimulus I.⁴ And with the Golden State Stimulus II, they could exist eligible for a second stimulus payment anywhere from $500 to $1,100.⁵ That'south on top of actress money the state paid out through the Young Child Tax Credit to those who accept children age half-dozen or younger.^vi

• Colorado

These guys decided to shift their focus to giving their stimulus checks to the unemployed. They sent $375 to folks who had gotten at least ane unemployment cheque payment between March 15, 2020, and October 24, 2020.⁷

• Maine

Up in the northeastern end of the country, Maine is giving out "disaster relief" payments. These $285 checks are going out as a thank-you to those who were in the workforce during the pandemic.⁸

• Maryland

In Maryland, anyone who filed for Earned Income Taxation Credit on their 2019 taxes tin get stimulus checks worth $500 (families) or $300 (individuals).^nine

• Missouri

If you lot live in Missouri and work in a mental health facility, nursing home or correctional facility (aka jail or prison), heed upward. The country is giving out an actress $250 per paycheck for these folks to thank them for their work during the pandemic.^x

• New Mexico

In the Land of Enchantment, $five million is prepare to be given out to people who didn't qualify for the federal stimulus. New Mexicans that fall in a lower-income group will become a sometime payment of $750.^eleven

• New York

Through a program chosen Excluded Workers Fund, New York state is giving out $3,200–15,600 one-time unemployment benefits to workers who lost employment or income during the COVID-19 pandemic just didn't qualify for aid like unemployment benefits or stimulus payments.¹²

• Vermont

The Vermont Frontline Employees Chance Pay Grant Plan gave checks of $1,200–ii,000 to frontline workers who served during the commencement months of the pandemic.^thirteen Workers who got a bank check covered a wide range of jobs similar retail and grocery workers, janitors, and health care workers.

4th Stimulus Checks Given Out to Teachers

For other states, their fourth stimulus checks are taking on a new wait­—as teacher bonuses! It's no surreptitious that teachers are the unsung heroes of our communities,and they've been put through the wringer during the pandemic. To show them the appreciation that they more than deserve, some states are giving teachers a fourth stimulus.

• Florida

In Florida, teachers volition be getting a $1,000 bonus—although some of the details of who qualifies are upward in the air. If you're a teacher in the Sunshine State, bank check with your commune to run into if yous can arrive on this.¹⁴

• Georgia

Georgia is extending the $1,000 bonus to both full-fourth dimension teachers and administrators. Part-time teachers will still score a bonus of $500, and at that place's fifty-fifty a programme in place to give a bonus to pre-1000 teachers.¹⁵

• Michigan

Earlier in 2021, Michigan used a grant to pay bonuses of $500 to its teachers and $250 to school support staff. No word even so on whether they'll requite out another bonus, though.¹⁶

• Tennessee

Our very own Tennessee is giving full-fourth dimension teachers $1,000 and part-fourth dimension teachers $500 to give thanks them for their hard work.¹⁷

• Texas

At present, nothing has happened statewideall the same,but some districts in the Lone Star State are giving out their own bonuses. Districts are gifting things like 2–iv% raises, a $500 bonus, and even a $2,000 incentive for some teachers to return to the classroom.¹⁸

Which Cities Are Giving Out fourth Stimulus Checks?

That'southward correct—cities are now getting in on the stimulus cheque action too (it was only a affair of time, right?). Come across if your town made the list:

• Chicago

Low-income residents of The Windy City have been given stimulus checks at random. You read that right. Chicago will requite out $500 checks to 5,000 people each month throughout 2022. They'll be selected at random for this stimulus lottery.¹⁹

• Los Angeles

Like Chicago, LA is handing out payments to low-income residents for a year. Their program, called Big:Jump, will requite three,200 randomly chosen people $one,000 each month.^xx

• Pittsburgh

Pittsburgh's program is called the Bodacious Cash Experiment and gives 200 low-income residents $500 each calendar month—for two years. The plan will spend $two.5 one thousand thousand on lower-income zip codes.²¹

• Santa Ana

The close-by neighbors of LA are getting a stimulus program of their ain chosen the Revive Santa Ana Resident Stimulus Programme. It will give out $6 million to neighborhoods that autumn below the poverty level in Santa Ana. Payments of $300 volition be loaded onto prepaid debit cards and given out door to door to about 20,000 residents.²²

• Seattle

Seattle has ane of the more generous payouts on the list. The Seattle Relief Fund is a $16 million program that gives payments of $one,000–3,000 to low-income residents of the Emerald City.²³

Volition There Exist Some other Stimulus Check From the Federal Authorities?

Most people agree that getting some other big stimulus bank check from the federal authorities is a long shot at this point. Still, some lawmakers keep pushing for some other stimulus check to help Americans who are struggling to rebuild thanks to COVID-19 and its economical touch on. And with the Delta and Omicron variants out there—would another stimulus bank check happen foreveryone? Yous never know. Only time volition tell, actually. A lot of people didn't think we'd see a tertiary stimulus cheque either—but it happened.

With the economy and jobs both on the upswing, the need for a stimulus cheque is manner less than it's been since the beginning of the pandemic. Not to mention, a lot of people have been getting extra greenbacks each month from the Child Tax Credit. Add all of that upward and information technology's like shooting fish in a barrel to see that there mightnotbe another stimulus check. Simply if there is ane, don't worry—we'll let you know.

How Accept Americans Spent Their Stimulus Checks?

In that location accept been iii—count them—three wide-reaching stimulus checks from the authorities since the pandemic hit. And now that a practiced chunk of time has gone by since they dished out the starting time ane, we're starting to see how people spent that money. Our State of Personal Finance study plant that of those who got a stimulus check:

• 41% used it to pay for necessities like food and bills
• 38% saved the money
• eleven% spent information technology on things non considered necessities
• 5% invested the coin

And on top of that, here'south some good news: Data from the Census Bureau shows that food shortages went down by 40% and financial instability shrank by 45% after the final two stimulus checks.²⁴ That's a large deal. Simply the question here is—if people are in a better spotat present, will they be more likely to manage their money to make sure thingsstay that style?

Don't Await for a 4th Stimulus Cheque to Accept Control of Your Money

Getting your hands on some extra cash when you lot're in a tough spot can feel like a breath of fresh air, but don't depend on a stimulus every bit your money plan. We've said it before and we'll say it again and again (as many times as we demand to)—don't look around for the regime to take intendance of you. Information technology'snevera good bet.

And truth exist told, y'all'll be waiting effectually for a long time. Certain, a fourth stimulus check can assistance y'all out, simply information technology isn't going to be your lifeline. If y'all really want to take control of your money, you need a proven plan thatyou lot are in charge of.

Sooner or later, stimulus checks run out. But knowing how to upkeep, save, and brand your money goals happen is something that keeps on giving. And nosotros know just the thing to become y'all at that place. The premium version of our budgeting app EveryDollar, andFinancial Peace University(merely bachelor in Ramsey+) are the trusted tools you need to build habits that keep you on track with your money goals. Go your coin working for you and start creating the life y'all want—without waiting on the government.

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Acquire how to notice more money each month. The average person finds $two,000 (aka a stimulus check'due south worth) for the year!

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About the author

Ramsey Solutions

Ramsey Solutions has been committed to helping people regain control of their coin, build wealth, grow their leadership skills, and enhance their lives through personal development since 1992. Millions of people have used our financial advice through 22 books (including 12 national bestsellers) published by Ramsey Press, also as two syndicated radio shows and x podcasts, which have over 17 million weekly listeners.

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Source: https://www.ramseysolutions.com/saving/fourth-stimulus-check

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