The $250 Stimulus Payment: What You Need to Know
April 2, 2009
President Obama recently signed into law an economic stimulus plan that includes a one-time $250 payment for many seniors.
Who is Eligible?
Individuals who currently receive Social Security, Supplemental Security Income, Railroad Retirement or Veterans’ benefits.
When Will I Get It?
Payments will be mailed out in late May. Social Security asks that you wait until June 4 to contact them if you did not receive it.
How Do I Get It?
You do not have to do anything. If you currently receive benefits through the mail, look for it that way. If you have direct deposit, it will come that way.
Beware of Scams!
Watch out for anyone saying you need to provide your Social Security number or other personal information in order to get your payment.
Questions?
Contact the Social Security Administration at 1-800-772-1213 or www.socialsecurity.gov.
