The past couple of years I’ve heard from quite a few folks who are living on social security and were upset to find out that they wouldn’t be getting cost of living adjustments to their Social Security checks. For the 2010 and 2011 tax years there was no increase in the amount that people on […]
One Time Economic Recovery Payment Of $250 For People Who Get Federal Benefits. Who Gets One, And Who Doesn’t.
On February 17, 2009, President Barack Obama signed into law the American Recovery and Reinvestment Act. The law provides for a one-time economic recovery payment of $250 to people who get certain types of Federal benefits. I’ve gotten several questions over the past few weeks about that one time payment, and how it works. There […]