In late December 2020, the President signed the Coronavirus Response and Relief Supplemental Appropriations (CRRSA) Act — a $900 billion relief package providing a second round of financial aid to workers, families and businesses impacted by the pandemic as well as funding to aid in the distribution of COVID-19 vaccines.
We expect the most recent round of Economic Impact Payments (EIP) or stimulus payments will be available in German American Bank accounts beginning on Monday, January 4. See the guide below for details.
You can also visit the IRS Economic Impact Payment Information Center, where the IRS will post all key information related to Economic Impact Payments as soon as it becomes available.
We will continue to update this page with timely information as it becomes available.