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Inflation Relief Payments In January, See When Is The Exact Date

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Back then in the year 2020 when the pandemic struck us, the federal government made billions of dollars available to help millions of Americans survive the economic downturn and many unemployment has happened, eventually, their solution is passing on some funds to the states for extra help to their residents.

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While the federal funds were provided under the quick COVID-19 stimulus packages and the subsequent American Rescue Plan have dried up, the six states still have some money left to distribute to residents that are qualified. Plus, newer programs that could put money to people back into their pockets for the millions of Americans took effect on Jan. 1 under the approved Inflation Reduction Act that was approved by Congress and signed into law by last year’s President Biden.

The Payments From States

The six states that still have funds allocated are Colorado, California, Idaho, New Jersey, Pennsylvania, and South Carolina the funds that were allocated in 2022 are to be distributed this year 2023.

Each of those states has different qualifications and amounts of payments. For instance, in California, the range of payments is from $200 to $1,050 and is based on tax-filing status, income, and household size. While in Pennsylvania, rebates go only to residents that are 65 and older, widows and widowers 50 and older,d people with disabilities who are at least 18 years old and meet specific income limits.

The recipients of some of these programs will get their money this January, with payments from other states circulating throughout spring.

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