Is a fourth stimulus check for Social Security beneficiary possible amid a $1400 payment request? | – Community News
Stimulus Check

Is a fourth stimulus check for Social Security beneficiary possible amid a $1400 payment request? |

the 4e stimulus control for the seniors of the US is constantly being pushed by a very important impartial group that is much needed.

League of Senior Citizens recently petitioned congressmen to ask them for additional benefits for Social Security beneficiaries. This group is asking the federal government to consider paying an additional $1,400.

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The letter from Rick Delaney, president of TSCL, states that they are paying attention to the financial crisis of retired and elderly citizens. The elderly Americans can hardly afford a meal in a day and cut their medication. Inflation burns a deep hole in their savings and the small increase in Social Security is not enough to cover their expenses.

Elderly ask for extra stimulus control

Social Security recipients have demanded an additional check for $1400, as Delaney said. This overpayment will certainly help them by generating additional non-taxable income.

Delaney further stated that it is their firm belief that Social Security beneficiaries will help cover higher expenses. In addition, because of the COLA increase, people could also be shifted into the higher tax category and lead to surcharges on Medicare premiums.

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Social Security recipients will soon receive an increased 5.9% each month in 2022. Retired citizens can also receive $92 monthly, but this amount will definitely be spent due to inflation.

As of now, Americans have received 3 rounds of stimulus checks to prop up people during the pandemic. Nevertheless, people have not yet received confirmation of another stimulus payment.

The League’s letter has launched a petition on online portals to collect signatures in support of incentive payments for older citizens in the US.

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