Stimulus Update: November Child Tax Credit, Maine’s AGI Checks & Golden State Checks For Social Security Recipients

A business team of young boys have figured out the perfect business model and are swimming in success.
RichVintage / Getty Images

While a fourth stimulus check to all Americans is off the table despite petitions garnering more than 4 million signatures, there are still stimulus checks being handed out.

Last Chance: Child Tax Credit for November Hits Today — It’s Also Your Last Chance To Sign Up for Advance Payment in 2021
Inflation Woes: Unrelenting Inflation Wiped Out Bump in Workers’ Wages

In fact, some residents in Maine received two stimulus payments today  — their child tax credit benefit along with an adjusted gross income refund of $285 to married couples filing jointly making $150,00 or less, heads of household making $112,000 or individuals with an income of $75,000 or less.

November’s child tax credit payments were sent out Monday, Nov. 15 to parents across the country. According to a tweet from the Treasury Department, since the program began in July, about $77 billion went directly to parents. In addition, if expanded, the program will continue to lift out of poverty, dropping it 40% annually.

There are still more parents eligible for the credit, but today is the last day to sign up to receive it. Click here to find out how.

Make Your Money Work for You

It’s not just parents getting good news, but California seniors as well. Social Security beneficiaries who worked part-time in 2020 and have an adjusted gross income between $1 and $75,000 will receive a Golden State II check up to $1,100 ($600 for themselves and $500 for a qualifying dependent).

Senior Stimulus: How an Additional $1,400 Check Could Help Social Security Recipients Afford Rising Grocery Costs
Where’s the Cash: Didn’t Get Your Child Tax Credit? Here’s How to Track It Down

Other states are still sending out money, and there are still quite a few programs to help you financially, so be sure to check if you qualify for any.

More From GOBankingRates

Best Bank Accounts of July 2022

Untitled design (1)
Close popup The GBR Closer icon

Sending you timely financial stories that you can bank on.

Sign up for our daily newsletter for the latest financial news and trending topics.

Please enter an email.
Please enter a valid email address.
There was an unknown error. Please try again later.

For our full Privacy Policy, click here.