Finances 50+

Nearly 17,000 listeners peppered Peters with questions about the CARES Act, including individual stimulus payments, relief for small businesses and non-profits, sick leave, unemployment compensation, SNAP, and other details.

WASHINGTON – The Treasury Department and the Internal Revenue Service today announced that distribution of economic impact payments will begin in the next three weeks and will be distributed automatically, with no action required for most people. However, some seniors and others who typically do not file returns will need to submit a simple tax return to receive the stimulus payment.

Thursday, April 2, 1 p.m. ET

Getting your newborn a Social Security Number is important. If your child is born in a hospital, the easiest way to secure a Social Security Number is when you give information for your child’s birth certificate. If you wait to apply for a number at a Social Security office, you may encounter delays while we verify your child’s birth certificate.

The North Dakota Public Service Commission (PSC) wants to make sure North Dakotans who need financial assistance with phone or internet service are aware of the Lifeline Program. Lifeline is a program that lowers the monthly cost of phone or internet service for those who qualify.

The 2019 numbers are in!

Do you plan to pay a cleaning person, cook, gardener, babysitter, or other household worker at least $2,200 in 2020? This amount includes any cash you pay for your household employee’s transportation, meals, and housing. If you will pay at least $2,200 to one person, you have some additional financial responsibilities.

Action is due to concerns about the spread of coronavirus. Decision will be made later about reopening sites during this tax season.

WASHINGTON—AARP Foundation Tax-Aide, the nation’s largest free, volunteer-based tax preparation and assistance service, announced today that it will suspend tax preparation services at all sites effective Monday, March 16, until further notice. The action is due to concerns about the spread of coronavirus. The program’s website, www.aarpfoundation.org/taxaide, is the best resource for information and changes in service availability.

Be wary of people pushing products or stocks that promise a cure