Stimulus Check Update: Here's How Americans Plan to Use Their Third Check

Stimulus Check Update: Here's How Americans Plan to Use Their Third Check

The IRS has now issued its fourth batch of payments for the third stimulus check. This stimulus check was authorized by the American Rescue Plan Act in March and is valued at $1,400 per eligible adult and dependent. The IRS has sent out approximately $372 billion in funds already, with most of this money deposited directly into bank accounts.