Today, Wednesday, April 7, and this Friday, are important dates for Social Security beneficiaries waiting for their $1,400 stimulus check.
The Social Security Administration (SSA) insisted that it has handled the Internal Revenue Service’s (IRS) request for information to process the third $1,400 stimulus check payments for retirement and disability program beneficiaries in a timely manner.
Through a fact sheet that was updated this week on SSA’s website, the agency answered several key questions regarding the process for distributing third round stimulus payments to recipients of government programs administered by the agency.
Why are there delays in disbursing money for the third stimulus check?
When asked why the office did not provide the IRS earlier with information on Social Security and Supplemental Security Income (SSI) recipients, the entry explains that officials are guided by the Social Security Act, which sets out how trust funds are distributed and how the processes are carried out.
“As a result of our efforts, we successfully signed the reimbursement agreement and Memorandum of Understanding (MOU) less than a week after the approval of the “American Rescue Plan” on March 17. That process usually takes weeks or even months to complete, but we finished the job in a matter of days. A few days later, on Monday, March 22, we sent the initial test files to the IRS. The IRS confirmed on March 24 that our files and processes were fine. The very next morning we sent the IRS the complete set of actual files. We completed this process more than a week earlier than we were able to provide a similar file to the IRS during the first round of ‘Economic Impact Payments’ (EIP),” reads the response on SSA.gov.
Will Social Security beneficiaries receive payments on EIP Cards?
To the question of whether the IRS will send prepaid debit cards (EIP Card) with the stimulus check to this population as part of the third round, the Administration answered in the negative.
“The IRS does not plan to issue prepaid debit card payments to beneficiaries as part of this third round of ‘Economic Impact Payments,'” the entry clarified.
Who will receive the third stimulus check on their Direct Express card?
Some beneficiaries of Social Security programs may receive the third stimulus check on their Direct Express card on which they regularly receive their benefits.
In this regard, the Administration points out that the person will receive the payment on the card if the following requirements apply:
– Did not file a tax return with the IRS in 2020 or 2019.
– Did not use the IRS “Non-Filer” online tool to provide information to the agency last year.
– The person receives their Social Security and SSI benefits monthly on their Direct Express card.
In a press release last week on IRS.gov, the agency reported that it has processed about 5 million EIP Cards as part of the third round. However, the information does not specify who would be receiving payment through the mail.
What role does the representative payee have in the disposition of the third stimulus check?
Regarding the possibility of a representative payee using the stimulus funds corresponding to the third round, the SSA left this in the hands of the beneficiary, since the third check will be addressed to the person to whom the funds are credited on a monthly basis.
“The Economic Impact Payment belongs to the Social Security and SSI beneficiary. It is not a Social Security or SSI benefit. A representative payee should discuss the EIP with the beneficiary. If the beneficiary wants to use the stimulus payment independently, the representative payee must provide the payment to the primary recipient. If the beneficiary asks his or her representative payee for assistance in using the Economic Impact Payment in a specific way or for storage, the representative payee may provide that assistance outside of the representative payee function,” the agency specifies.
What are the arrival dates for the third stimulus check for Social Security and SSI beneficiaries?
In terms of the arrival date of the third stimulus check for Social Security and SSI beneficiaries with U.S. mailing addresses who usually do not file taxes, SSA highlights two key dates.
The first is this Wednesday, April 7, the day the IRS released along with Nacha and the banks new direct deposits with the money to both bank accounts and the Direct Express card.
In a statement today, the IRS confirmed that most of the payments in this batch are for beneficiaries of government programs such as Social Security.
In the case of paper checks through the U.S. Postal Service (USPS) to those who receive their monthly benefits by mail, the authorities will begin mailing the payments this Friday, April 9. (USPS) to those who receive their monthly benefits by mail, the authorities will begin mailing payments this Friday, April 9.