Fourth Stimulus Check & Social Security Recipients
Fourth Stimulus Check & Social Security Recipients

Fourth Stimulus Check & Social Security Recipients

Stimulus checks have been an asset for millions of Americans since the onset of the pandemic, but seniors have been hardest hit and are looking for a fourth stimulus check.

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There have been three stimulus checks so far, with two in 2020 and one in 2021.

This causes Americans to ask if and when there will be a fourth stimulus control.

What if I miss my financial payment?

Seniors and fourth stimulus check

One group is fighting hard for fourth stimulus checks, especially seniors.

The Senior Citizens League has urged Congress to send another $ 1,400 check to seniors collecting social security.

Their needs are greater because they live on a fixed income.

The COLA increase, which would increase their monthly income, was 5.9% for 2022.

How to get your $ 1,400 financial impact payment

Although incredibly high in recent history, the announcement was made in October 2021.

In December 2021, the inflation rate passed 7%.

In addition to inflation, Medicare prices are rising.

Seniors have admitted to cutting back and eating one meal a day as well as halving their prescription medications.

Get a baby in 2021? Claim your stimulus payment

Will seniors see a fourth stimulus check in the future?

Right now, there is no sign that there is a fourth payment for seniors collecting social security.

While this is not ideal, President Bidens Build Back Better Act has provisions in favor of seniors on Social Security and Medicare.

The bill was supposed to be passed by the end of 2021, but the Senate could not reach agreement.

If passed, Medicare will include hearing services.

There will also be more control on the part of the government when it comes to negotiating the price of prescription drugs.

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