It’s confirmed. Another round of payments that is part of the $1.9 trillion coronavirus relief package is on its way.

To assist those affected, the federal government has approved several rounds of stimulus packages to support Americans during difficult times.

The latest bill is part of a $1.9 trillion coronavirus relief, and includes a third-round of stimulus checks.

The package includes payment for tax filers with an adjusted gross income (AGI) up to $75,000 and heads of household earning up to $112,500 will receive $1,400, and married couples earning up to $150,000 are eligible for $2,800. Those taxpayers will also receive $1,400 for each dependent.

After that, the payments decrease to zero for single filers at $80,000, for heads of household at $120,000 and for married couples at $160,000 AGI. Taxpayers will receive the same amount for each dependent.

Eligible taxpayers who filed tax returns for either 2019 or 2020 will automatically receive an economic impact payment.

The payments will primarily be sent via direct deposit, just like the previous two rounds. If the IRS doesn’t have your direct deposit info, you may get a paper check or a pre-paid debit card in the mail. The IRS has provided an electronic way to find when and how your 2021 Economic Impact Payment was sent with the Get My Payment tool. 

How much can you expect to receive?

To find out if you qualify and for how much, use our direct payment estimator at https://fsnb.net/stimulus-check-calculator/.

When will my stimulus payment be received?

You can find out the latest on when direct deposits and paper checks will be sent on the IRS website or by tracking via the Get My Payment feature.

How can I verify when my deposit arrives?

Digital Banking users can set up a Custom Alert to inform you exactly when it arrives into your account!

– After logging in go to Menu > Manage Alerts
– Under “My Alerts”, choose the (+) create a new alert
– Select “Custom Alert” and choose the correct account (if multiple accounts exist)
– Under “Alert Type” choose Deposit and the amount of your stimulus check. You can also choose Pending ACH Alert.
– Name your alert (ex: COVID-19 check) and choose Email or Text for notifications receipt.

Now you will know exactly when these funds are deposited into your account! These alerts can also be set up for tax refunds, direct deposit, and more!

Not using Digital Banking? You can enroll via the bank’s website at www.fsnb.net. Choose Login at the top, then sign up.

Learn more about our Digital Banking suite including alerts, mobile deposits, and its many benefits at https://fsnb.net/services/online-mobile-banking/.

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