New stimulus checks are really coming one month from tomorrow – here’s how much you’ll get

bgrpro65 juin 14, 2021

Millions of Americans are about to get what amounts to a pay raise. Starting next month, and continuing through the end of this year, a new stimulus check will arrive like clockwork, generally on the 15th of every month -- which, of course, is already payday for millions of workers. In this case, though, the pay raise that millions of families are about to get is actually the first tranche of what will be an expanded federal child tax credit of up to $3,600 for each eligible child, which will work out to as much as $250 or $300 per month, per eligible child, from July 15 until the end of this year.

On that date next month, the first wave of these payments is set to begin. Here's everything you need to know about them, including what they are and who's eligible to receive them.