The Federal Reserve raised interest rates again, but what does that mean for the average American and their finances? By knowing what United States Federal Reserve is and what power it has over our country’s economy, you can make more informed financial decisions that directly affect your future.
Spring cleaning is about more than just opening the windows and letting the fresh air in! Use the inspiration a new spring brings and dust the cobwebs from an area that may not get as much tidying as others – your finances.
The only way to check the status of your Economic Impact Payment is to use the Get My Payment tool found on IRS.gov. The tool updates once per day, usually overnight.
The associates at American Heritage do not have information about your payment beyond what you are able to view on IRS.gov.
For nearly ten months, Americans have been feeling the effects of a lockdown designed to slow the spread of COVID-19. Unfortunately, the livelihoods of many were impacted by these lockdowns as small businesses, hospitality, live entertainment, and other industries closed their doors. Payment Protection Program Loans and unemployment benefits helped shoulder some of the burden, but many Americans were and are still struggling.
Life as we were used to it has changed drastically all across the world over the last several months. For some, these changes may feel sudden, as the public opinion and government reaction to it seem to have shifted overnight. Just over two weeks ago, on March 11, 2020, COVID-19 was officially characterized as a pandemic by the World Health Organization.