$1489 and $1848 Stimulus Checks Announced, Eligibility Defined for These IRS Payments

Are you waiting for a $1489 or $1848 stimulus check for 2024? If yes, you must meet the eligibility standards to become qualified for stimulus check payments. With the economic challenges occurring in the US and people suffering from them, the government launched stimulus check programs to help such people. In early 2024, a report has been come and notified that eligible retirees of the US can get an increase in $1489 or $1848 stimulus check payments.

It means the beneficiaries can get more payments under stimulus check programs in 2024. Every month, the stimulus checks are released to beneficiaries. Now, the amount of $1489 and $1848 Stimulus Checks are released for eligible people. If you also want to get the benefits of this payment this year or want to apply for it, you must know your eligibility set by the IRS. For this, it is suggested that you read the entire post to get enough information

$1489 Or $1848 Stimulus Checks

As the IRS and other governments have said, beneficiaries receive any more stimulus checks coming in 2024. The checks, $1489 or $1848, are definitely the Social Security benefit payments for 2023.

This way, these amounts are the Social Security Benefit amount, no longer stimulus checks. As we know, Social Security benefits are generally claimed on the disability and retirement bases of individuals.

Overview of $1489 Or $1848 Stimulus Checks

Country of Origin       The United States of America
Beneficiary     Retiree
Age Limit        65 and above
Initial Payment Amount         $1489 – Disabled worker $1848 – All retirees
Increase in modifications (COLA)      3.2%
Increased Payment Amount  $1,537 – Disabled worker $1,907 – All retirees
Expected Payment Month     Jan 2024
Payment Mode          Direct Deposit
Official Website         https://www.ssa.gov/

The $1489 Or $1848 Stimulus Check benefits are generally for people who are aged 65 years and above, retired, or unable to work due to disability. As said earlier, they are no longer stimulus checks; however, they are a part of Social Security benefit checks for 2023, which may further increase in 2024 due to an increase in Cost-of-Living Adjustments (COLA).

$1489 or $1848 Stimulus Check Date 2024

The impact of the increase on Social Security (SS) has taken area from 29 December 2023 onwards after the COLA has elevated with the aid of 3.2%. The payment could be given to the citizens on the 8th of the month in case the citizen’s birth date is between the 1st and 10th of any month. If your birth date lies between the 11th and 12th of any month, the payment to you will be credited on the 15th of the month. The $1489 or $1848 Stimulus Check Payment Date 2024 is said to be the 22nd of the month if the citizen is born between the 21st and thirtieth of any month. The payment might be credited directly to the recipient’s financial institution account.

Eligibility Criteria

  • The program targets people who are elderly, 65 and above.
  • Individuals need to have been a part of the Social Security system by May 1997 or later to qualify for those benefits.
  • The payments are to be made to the ones already receiving retirement benefits or Social Security Disability Insurance (SSDI). SSDI is an application for human beings who have grown to be disabled before attaining retirement age.
  • The unique payment dates for those checks are determined primarily based on the gain the individual is receiving and their start date. For example, retirees born between 1 January and 10 December are scheduled to receive their payments on 13 December 2023.

Social Security Benefits in January 2024

The expected boom in Social Security benefits because of the 3.2% Cost of Living Adjustment (COLA) in 2024 influences numerous beneficiary companies.

Beneficiary CategoryBefore 3.2% COLAAfter 3.2% COLA
Retired Worker$1,848$1,907
Married Couples (Both Benefiting)$2,939$3,033
Worker Receiving Disability Benefit$1,489$1,537
SB, Older SpouseUS$1718US$1773
SB Widowed Parent and Two Qualifying ChildrenUS$3540US$3653
SSI MFB, IndividualUS$914US$943

Are $1489 Or $1848 Stimulus Checks Coming?

This payment might be coming, but they aren’t part of any stimulus checks. They are for Social Security benefits, which can be based totally on how properly someone is insured. An individual who has paid enough taxes on their profits for Social Security is the only one who meets the eligibility requirements for these benefits.

This approach is that the real payment that a retiree can get can be decreased or better than the average gain amounts. There are many facts related to social security with a view to increasing it in 2024, primarily based on the COLA. It is suggested that interested people must check the records on this stimulus check by downloading the COLA Fact Sheet 2024 or from their Social Security accounts.

The SSA may also send a letter to the retirees who are receiving the Social Security benefits. This letter will inform them about their new payment amount at the beginning of 2024.

The Social Security retirement benefits are primarily based on the age when people retire. As we know, the occasions and dwelling situation of everybody is exceptional. Therefore, they can both decide to retire at an early age, or they can decide to attend it.

Tax On The Benefits

  • Individuals might have to pay taxes in keeping with their retirement profits. The income has to be below the required bar set by the authorities.
  • If a married couple fills up for the benefits with household profits between $ 32,000 and $ 44,000, then they might pay 50% of the benefits. If the income exceeds, they would be paying 85% of the benefit.
  • For unmarried people, an income between $25000 and $34000 could be eligible to pay tax for 50% of the benefit. Taxes might increase to 85% of the gain if the earnings are above $34000.
  • For further information, contact your local Social Security Office or check online.

Factors Affecting Social Security Benefits on $1489 Or $1848 Stimulus Checks

  • Average Indexed Monthly Earnings (AIME): Calculated based on your common month-to-month income over 35 maximum-income years.
  • Years in Workforce: The longer years of service, the higher the benefits.
  • Claiming Age of Retirement: Delaying till age 70 can result in larger checks while claiming benefits earlier than full retirement can bring about smaller ones.
  • Lifetime Earnings: More lifetime earnings, so extra benefits.
  • Cost-of-Living Adjustments (COLAs): COLAs are annual changes to reflect modifications as per the payment index.


The government is making plans to provide $1489 or $1848 stimulus checks to retirees. As per the information report for 2024, financial aid may be given to individuals aged 65 years and above. The SSI (Social Security Administration) is liable for the distribution of the checks.

The financial resource is intended to be supplied to those who are visually impaired or disabled. The stimulus checks focus on being provided to such individuals to assist them in coping with their financial issues.

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