Economic Impact Payments
The third round of stimulus checks will begin being sent out soon, to those who qualify. We understand that there will be a lot of questions surrounding these payments and the timing of them. Here are some helpful resources and information to utilize as these payments are being processed.
The forthcoming economic impact payments, or stimulus checks, will be in the amount of $1,400 per household member. Individuals with an income up to $75,000, heads of household with income up to $112,500 and married couples with income up to $150,000 annually should receive the full payments. Annual income will be determined or based on your 2020 tax information if that has been processed, if not, they will use the information from your 2019 taxes. Payments will come in the form of a direct deposit or by paper check. Payment types will depend on if the IRS has your current, up-to-date account information.
To get information about economic impact payments, and if you qualify, you can visit the U.S. Treasury website at https://www.irs.gov/coronavirus/economic-impact-payments. When payments begin to be disbursed, you can track your payment at https://www.irs.gov/coronavirus/get-my-payment.
The easiest way to keep up with your Bossier Federal account, and to see if you have received your stimulus check is to use online banking or our mobile app. As soon as the deposit has been made, your account will reflect the updated amount.
To stay informed with all that is going on at Bossier Federal you can check our website at www.bossierfcu.org or follow us on social media!