September brings with it another round of financial support in several states across the United States. If you’re wondering whether you might receive a stimulus check or other forms of financial assistance this month, the answer may surprise you.
From state programs to potential federal checks, many families will benefit from initiatives aimed at easing the economic burden that continues to affect thousands due to inflation and other financial challenges. Below, we’ll detail what these aids entail, how to apply, and what you can expect in the coming weeks.
Tax relief for school taxes stimulus check in New York
One of the most anticipated programs this month is the School Tax Relief (STAR) initiative for New York State residents. This program, designed to ease the burden of school taxes, has already begun issuing payments. If you live in New York and own a home, you could receive an average check of $778 if you qualify for Basic STAR, or $1,407 if you’re eligible for Enhanced STAR.
This tax relief is especially important for seniors and those on fixed incomes, helping them manage property tax payments without jeopardizing their financial stability. STAR checks are already being sent out, and if you haven’t received yours yet, you’ll likely see it reflected in your tax bill between now and December. Just make sure your state records are up to date to avoid any delays in receiving your check.
Is a fourth stimulus check on the horizon?
The conversation around a potential fourth federal stimulus check is ongoing. In the aftermath of the pandemic, the U.S. government has been exploring different ways to continue supporting families that were hit the hardest. While no firm decision has been made yet, there are proposals on the table that include a $200 increase in benefits and the distribution of a fourth $2,000 stimulus check for recipients of Supplemental Security Income (SSI) and Social Security Disability Insurance (SSDI), as well as for low-income households.
However, the specifics around who would be eligible for this potential stimulus check and when they might receive it remain unclear. What is known is that if approved, this measure would target the most vulnerable populations, especially those still experiencing financial hardships resulting from the health crisis.
Alaska’s permanent dividend continues to support families
If you live in Alaska, you’re probably familiar with the Permanent Fund Dividend (PFD), which remains one of the state’s primary sources of economic relief for its residents. This year, Alaskans who meet the eligibility requirements will receive $1,312 as part of the state’s resource-sharing initiative.
The first payments started going out on August 15, and the next distribution is scheduled for September 12 for those with applications marked as “Eligible-Not Paid” by September 4. Additionally, this year’s program includes extra assistance for dependent children listed on applications, recognizing the financial strain many families continue to endure. Applicants should check their application status and ensure they meet any additional requirements to receive their dividends on time.
What other assistance might you receive in September?
Aside from the aforementioned programs, September could also bring additional forms of economic support. In some states, plans are underway for extra tax deductions, child tax credits, and other initiatives aimed at easing the financial strain still being felt by many families.
It’s important to stay informed about any new measures or programs that could benefit you, as some of them may have specific application deadlines or requirements. While certain programs, such as the Alaska dividend or New York’s STAR checks, are well-defined, others, like the potential federal fourth stimulus check, are still pending confirmation.