Will there be a THIRD STIMULUS check? When Will It Come?
Save Money with Round-Ups - https://www.acorns.com/invite/LHDJUC
3rd Stimulus - What we know so far.... American Rescue Plan
*Many felt the second stimulus of $600 was too little too late (9 mo to pass) (especially for those who haven't received it yet)
*Seems very likely there will be a third stimulus check and the timing right now feels like it would be mid/late March
Democratic Senate leader Schumer said "a month to 6 weeks away"
*Biden's proposal 1400 per person, including dependents (possibly adult dependents & mixed status families (one or more person isn't a US citizen as well)...some progressive democrats are pushing for 2k - push back about 2T+ so Biden did 1400 to keep under 2T
*$1400 to me seems like strong possibility for middle ground between progressives & conservatives
*Quick math example... family of 4 (2 adults 2 kids)....
1st stim - 1200+1200+500+500=$3400
2nd stim - 600+600+600+600=$2400
3rd stim - possibly 1400+1400+1400+1400=$5600 (possible cap on dependents?)
*Could be passed, (60 votes to overcome filibuster), or broken down into "piecemeal" to get the stimulus & vaccine distribution money out faster, or use process known as "budget reconciliation" which would allow it to pass with a simple majority
Sources: https://www.cnet.com/personal-finance...
https://www.kiplinger.com/taxes/60215...
https://www.cnet.com/personal-finance...
https://www.cbsnews.com/news/stimulus...
My Twitter: / nomadtradingllc
My Instagram: / nomad.trading
I'm not a guru or qualified to give financial advice, I'm just some guy on youtube who may or may not know more than you about trading... and therefore I may be able to help you progress in your trading journey. Thanks for watching.
Here's a link to a video I made about setting up Etrade Pro: https://www.youtube.com/watch?v=xanfl...
The following are links Etrade sent me, they are NOT affiliate links and I get paid nothing if you click them, just being helpful if anyone needs a quick link.
Etrade Account Setup: https://us.etrade.com/what-we-offer/o...
Power Etrade Link: https://us.etrade.com/platforms/power...
https://www.irs.gov/
https://www.forbes.com/advisor/person...