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Finance

December Stimulus Checks: Anticipating Upcoming Payments

As the year draws to a close, individuals and families might be curious about potential stimulus checks or payments in December 2023. However, it’s important to note that there won’t be any federal stimulus checks issued this month. Nevertheless, certain groups may still be eligible for other types of payments.

1. Supplemental Security Income (SSI) Benefits

Individuals receiving Supplemental Security Income (SSI) will receive their regular monthly benefit in December.If your benefit is increased in December due to the Annual Cost of Living Adjustment (COLA), the increase will be reflected in your December benefit amount.

2. State-Level Payments

Several states have implemented their own stimulus programs or tax breaks to provide financial support to their residents.Eligibility criteria and payment amounts vary by state.For more information, contact your state’s tax or revenue agency.

3. Child Tax Credit Payments

The expanded Child Tax Credit expired at the end of 2021, and there are no ongoing Child Tax Credit payments in December 2023. However, eligible taxpayers will receive the Child Tax Credit as part of their 2023 tax refund when they file their tax return in 2024.

4. Additional Payments

Specific groups or individuals might qualify for alternative payments or benefits like unemployment benefits, disability benefits, or veterans’ benefits. For details on eligibility and payment schedules, contact the relevant agencies or programs.

Stay Informed

It is important to stay informed about potential changes or updates to existing programs or new initiatives that may offer financial support.
Stay tuned to news sources, government websites and social media for announcements and updates.

Remember: If you have questions or concerns about payment or benefit eligibility, please contact the relevant agency or program for clarification and assistance.