The 2009 Obama's Economic Stimulus Package contains several tax credits, tax rebates, tax refunds and stimulus payments like the 2009 $8000 Housing Stimulus bill, 2009 $800 Making work pay tax credit (as a replacement for 2009 Stimulus Checks) and the 2009 Auto Stimulus bill in the form of tax deduction for sales tax and auto loan interest. Apart from these most of the other people will get a piece of the stimulus package pie in the form of a one time $250 Social Security payment. Here are the key points about this $250 Social Security stimulus payments which are to be sent out in May 2009.
Anyone who is entitled to Supplemental Security Income (SSI) or to any of the Social Security benefits at any time during Nov 2008 to Jan 2009
- Retirement Social Security benefits.
- Wifes or Husband's Social Security benefits.
- Disabled Adult Child benefits (but not other child's benefits).
- Widow's, Widower's, Mothers, Fathers, Parents Social Security Benefits.
- Disability Insurance benefit.
- Special age 72 benefits.
How to get the $250 Social Security Check? - Those who are eligible for the $250 Social Security Stimulus Payment will recieve the payment automatically by late May 2009. No action is needed on your part. However if you do not get your 250 social security check by May 2009 end you may contact SSA (not IRS) directly.
To receive payment, the beneficiary's address of record must be in a valid US state or territory. Only individuals eligible for Social Security, SSI, Veterans, or Railroad Retirement benefits at any time during the months of November 2008, December 2008, or January 2009 may be eligible for the one-time payment. The $250 SS payment will be delivered in the same way your current Social Security or SSI benefit is sent.
Other Tax Breaks, Tax Credits, Tax Rebates in 2009 Economic Stimulus Package that maybe of interest to you