4 Things Retirees Should Know About Their Stimulus Money

The recently enacted CARES Act calls it a “recovery rebate.” The IRS is referring to it as an “economic impact payment.” Whatever you want to call it, your money from Uncle Sam soon should be on its way. The IRS said last week that these payments — $1,200 per adult, plus $500 per dependent child — will start going out in the next three weeks. Since the Coronavirus Aid, Relief…

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