This will be brief.
As I understand it; the rumor mill and/or official Washington is saying that the stimulus checks will (may) start to go out this week. Further, I believe some of the first will be directly deposited to Social Security recipient’s accounts.
I am a 72 year old retiree on a pension and Social Security. My electronic penion deposit normally hits my checking account on the 14th or the month.
My Social Security deposit drops like clockwork on the first Wednesday following the 15th of the month. If the 15th falls on Wednesday then the deposit drops that day.
I got on-line this morning to check for the possible electronic deposit of the stimulus funds. At first glance I was excited to see my balance was $1,000+ more than Sunday’s.
Yeah Stimulus!!
Wrong.
It was my Social Security deposit showing up Two Days Early!!
Early payment has never happened since I started drawing Social Security.
I am just wondering if this has anything to do with clearing the decks of the routine deposits for the coming round of stimulus deposits.
Has anyone else seen this?
Thoughts?