Now that President Biden has signed the American Rescue Plan of 2021 into law, Americans in need of rescue are eagerly anticipating the arrival of their third stimulus checks since the start of the coronavirus pandemic.

The bill authorizes Economic Impact Payments of up to $1,400 for individuals and up to $2,800 for couples, plus $1,400 for dependents.

Jen Psaki, the White House press secretary, said on Thursday that some Americans with direct deposit could start seeing checks as early as this weekend. But if the rollout of the last two rounds of stimulus payments are any indication, distributing the payments to all eligible recipients is likely to take weeks.

If you’re expecting a check, the easiest way to check on the status is through the Get My Payment portal from the Internal Revenue Service, but you’ll have to wait for it to relaunch. The agency said in a statement this week that it was still “reviewing implementation plans” for the new stimulus package and would post updates to its website as they become available.

More in category

Ocugen Partner Reports Strong Phase 3 Results for Coronavirus Vaccine
April 22, 2021The Motley Fool
Ocugen Partner Reports Strong Phase 3 Results for Coronavirus Vaccine
2 Cathie Wood Picks That Can Become Bigger Winners Than Tesla
April 22, 2021The Motley Fool
2 Cathie Wood Picks That Can Become Bigger Winners Than Tesla
First-time unemployment claims fall to pandemic low of 547,000
April 22, 2021FOX Business
First-time unemployment claims fall to pandemic low of 547,000
Biden may recognize Armenian genocide, inflaming U.S. ties with NATO ally Turkey
April 21, 2021MarketWatch
Biden may recognize Armenian genocide, inflaming U.S. ties with NATO ally Turkey
Zack Snyder's 'Justice League' cut did little to boost HBO Max subscriptions
April 22, 2021CNBC
Zack Snyder's 'Justice League' cut did little to boost HBO Max subscriptions
Biden hits 100-day vaccine goal as case counts in Michigan, U.S. show signs of slowing
April 22, 2021CNBC
Biden hits 100-day vaccine goal as case counts in Michigan, U.S. show signs of slowing
Businesses can’t find enough workers — many fear catching COVID-19 or prefer to live off unemployment
April 21, 2021MarketWatch
Businesses can’t find enough workers — many fear catching COVID-19 or prefer to live off unemployment
Goldman Sachs says S&P 500 returns may tumble as U.S. economic growth peaks. Buy these stocks.
April 22, 2021MarketWatch
Goldman Sachs says S&P 500 returns may tumble as U.S. economic growth peaks. Buy these stocks.
Is now a good time to buy — or sell — a home? What Americans need to know.
April 21, 2021MarketWatch
Is now a good time to buy — or sell — a home? What Americans need to know.
U.S. stock futures struggle for direction ahead of jobless claims data
April 22, 2021MarketWatch
U.S. stock futures struggle for direction ahead of jobless claims data
China says it’s administered 200 million COVID-19 vaccine doses so far
April 21, 2021MarketWatch
China says it’s administered 200 million COVID-19 vaccine doses so far
More than 4 in 10 people breathe unhealthy air, says American Lung Association — people of color 3 times as likely to live in polluted places
April 21, 2021MarketWatch
More than 4 in 10 people breathe unhealthy air, says American Lung Association — people of color 3 times as likely to live in polluted places
Invest in electric-vehicle batteries, water tech and crypto applications to ride the green wave, says UBS
April 21, 2021MarketWatch
Invest in electric-vehicle batteries, water tech and crypto applications to ride the green wave, says UBS
Ireland just surpassed China in confirmed COVID-19 deaths — how on Earth did that happen?
April 21, 2021MarketWatch
Ireland just surpassed China in confirmed COVID-19 deaths — how on Earth did that happen?
Biden pledges to cut U.S. greenhouse gases 50% by 2030 — with major implications for oil and gas sector
April 20, 2021MarketWatch
Biden pledges to cut U.S. greenhouse gases 50% by 2030 — with major implications for oil and gas sector
‘I don’t think this is a bubble at all in bitcoin…this is ‘the beginning of a mainstreaming of it’ says stock-market pro Bill Miller
April 20, 2021MarketWatch
‘I don’t think this is a bubble at all in bitcoin…this is ‘the beginning of a mainstreaming of it’ says stock-market pro Bill Miller
Apple, Google and Coca-Cola among 400-plus companies backing Biden in 50% emissions cut as soon as 2030
April 21, 2021MarketWatch
Apple, Google and Coca-Cola among 400-plus companies backing Biden in 50% emissions cut as soon as 2030
Stocks seek direction as Biden holds climate summit
April 22, 2021FOX Business
Stocks seek direction as Biden holds climate summit
As women directors enter the Oscar spotlight, here are 13 filmmakers to watch
April 22, 2021CNBC
As women directors enter the Oscar spotlight, here are 13 filmmakers to watch
Southwest Airlines says bookings are improving, expects to break even in June
April 22, 2021CNBC
Southwest Airlines says bookings are improving, expects to break even in June
Credit Suisse executives grilled on Archegos losses. Here’s what they said.
April 22, 2021MarketWatch
Credit Suisse executives grilled on Archegos losses. Here’s what they said.