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When Will Your Second Stimulus Check Arrive?

When Will Your Second Stimulus Check Arrive? It May Already Be On Its Way

Tue, December 29, 2020, 8:49 PM EST  Kiplinger

When are second stimulus checks coming? Now! On Tuesday, the IRS announced that it has already begun delivering second-round stimulus checks to millions of Americans who received a first-round payment earlier this year. In fact, initial direct deposit payments could arrive as early as Tuesday night for some people. Electronic payments will then continue into next week. Note, however, that you could see a direct deposit payment as pending or as a provisional payment in your accounts before the official payment date of January 4, 2021.

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If you don't receive a direct deposit by early January, watch your mail for either a paper check or a debit card. The IRS will start mailing paper checks on Wednesday, December 30. To speed up delivery, a limited number of people will receive their second stimulus payment by debit card.

But the form of payment for your second stimulus check may be different than your first payment. Some people who received a paper check last time might receive a debit card this time, and some people who received a debit card last time could receive a paper check.

If you receive a debit card, don't throw it out thinking it's junk mail! The debit cards will be issued by MetaBank, and they will arrive in a white envelope that prominently displays the U.S. Treasury Department's seal. The Visa name will be on the front of the card, and it will say "MetaBank" on the back. More information about these cards is available at EIPcard.com.

To continue reading, please go to the original article here:

https://www.yahoo.com/finance/news/second-stimulus-check-arrive-may-014940904.html

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