![]() ![]() Read more about which DVA benefits were eligible for the Economic Support Payments on the DVA website. To get the payments, you must have been getting an eligible DVA benefit or card. The Department of Veterans’ Affairs (DVA) paid the Economic Support Payments for their customers. Generally, you wouldn’t get the Economic Support Payment if you were getting $1 or more of the Coronavirus Supplement.Įligible payments and concession cards included:ĭepartment of Veterans’ Affairs customers 26 February 2021 to get the March 2021 payment.27 November 2020 to get the December 2020 payment.10 July 2020 to get the July 2020 payment.You need to have had an eligible payment or had an eligible card on: This will be after you’ve claimed and confirmed your income for the 2020-21 financial year. If you claim Family Tax Benefit for 2020-21 as a lump sum, you’ll get the payment with your lump sum. You may have got these payments if you lived in Australia and had an eligible payment or concession card. This article originally appeared on GOBankingRates. Should You Refinance Now With the Low Mortgage Rates? How To Use a Credit Card Like a Pro This Holiday Season More From GOBankingRates 5 Things Most Americans Don’t Know About Social Securityġ0 Reasons You Should Claim Social Security Early A fourth stimulus check could help struggling seniors recover from a year of surging prices and supply chain blockages that are still hurting the prospect of recovery for basic grocery items. Social Security recipients are expected to receive a 6% COLA increase in 2022 - one of the largest on record - but rising inflation and Medicare costs are thought to eat away at most of it. See: Surging Meat Prices Could Cost You Hundreds This Year - Can You Afford It?įind: Could the US Benefit From Another Stimulus Check? Roughly 25% of low-income seniors reported food insecurity, according to SNAP research. ![]() Although overall inflation has come in around 5%, prices for chicken have increased 7.2%, pork prices are up 9% and prices for ground beef are nearly up a whopping 13% from last year.Ī $1,400 check could help senior citizens afford groceries on an already tight fixed income. One of the sectors that has experienced the greatest increase in prices is the meat industry. Government Shutdown 2021: Will SNAP Benefits Be Impacted? But about 86% of Social Security recipients surveyed say their expenses increased by much more than that amount.” The petition adds, “In 2021 Social Security benefits increased by just 1.3% raising the average benefit by only about $20 a month. Social Security benefits are one of the few types of income in retirement adjusted for inflation.”Īmong the arguments in the petition is that the COLA increases are not suitable enough for seniors living on a fixed income with the 5% inflation surge experienced over the past 13 months. The petition reads: “I (and/or my spouse) want Social Security recipients to receive a $1,400.00 emergency stimulus check to cope during this unprecedented inflationary year. Social Security: Grocery Store Shortages Comparable to 2020 - Are You Prepared for Lack of Supply During the Holidays? Stimulus Update: Petition for a Fourth Stimulus, State Economic Boosts, Golden State Checks & Child Tax Credits ![]() Still, that reality has not slowed rumors. The Senior Citizens League (TSCL), one of the largest nonpartisan senior citizens advocacy groups, currently has a petition to garner support and attention for an emergency $1,400 stimulus check to cope with unprecedented inflation. But with an unemployment rate lingering at 3.6, there's little chance that Congress will approve another stimulus check for the majority of Americans. ![]()
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