Social Security Benefit: Could you receive a fourth stimulus check?

The ultimate comparison

By: John Derric

Inflation has dealt a hard blow to US citizens, many of whom are struggling to make ends meet as groceries and gas prices have skyrocketed this year.

Russia's invasion of Ukraine hasn't helped either and older Americans are desperate for some help from the government through a potential fourth stimulus check.

US congress to provide people with monthly stimulus checks. The petition has collected as many as three million signatures for the time being.

Online petition for a fourth stimulus check

The recovery hasn't reached many Americans - the true unemployment rate for low-wage workers is estimated at over 20 percent

Congress to support families with a $2,000 payment for adults and a $1,000 payment for kids immediately, and continuing regular checks for the duration of the crisis.

Senior Citizens League has been demanding that the government issue a one-time $1,400 stimulus check for Social Security beneficiaries.

Will there be a fourth stimulus check?

The high cost of living adjustment, for many, just exacerbated their financial woes by bumping their income above program limits

Should there be a renewal to the expanded Child Tax Credit in 2022, with this possible as part of a break-off part of the bil

Double Child Tax Credit payment

Child Tax Credit payments in advance, with these having been made available on a monthly basis in the second half of last year

Where is the other half of the Child Tax Credit?

Then, the households that opted against the monthly payments in favour of the full $3,600 as a lump sum payment will receive the full amount once your taxes have been filed

There is still hope amongst many people in the United States that President Joe Biden's plans to introduce more stimulus check-style payments in August 2022

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