Third stimulus check: How soon might you receive a $1,400 check?
BY AIMEE PICCHI
MARCH 6, 2021 / 2:55 PM / MONEYWATCH
The Senate approved President Biden's $1.9 trillion coronavirus relief package Saturday, directing a third round of stimulus checks to most Americans. That's prompting questions about when the checks might land in bank accounts, especially for those who are coping with job or income loss.
The bill will return to the House early next week for final approval, given that the Senate and House versions of the relief bill have some differences, and then head to Mr. Biden for his signature. After the bill is signed into law, the IRS could begin delivering the checks within days to one week, based on the timeframe for the previous round of checks — potentially as early as the weekend of March 13.
"By next weekend, a couple making less than $160,000 could well have $2,800 deposited into their checking account," Chris Krueger of Cowen & Co. said in an analyst note before the Senate approved the bill, which he had expected would occur this weekend.