Everything You Need To Know About Your 2021 Stimulus Check

The U.S. government recently announced the second round of coronavirus relief payments, otherwise known as government stimulus checks. You may recall the process of receiving your first stimulus check if you were eligible last year, but we know that the rapidly updating information on legislative relief may be confusing.

We have outlined the information you need below.


Your 2021 Government Stimulus Check

The IRS and Treasury are now in the process of delivering a second round of government stimulus payments. To learn if you are eligible to receive a government stimulus payment, the IRS website allows you to check on the status of your economic impact/stimulus check. It will provide you information about your payment status, payment type, and whether they need more information from you.

Learn more about the 2021 stimulus check program here, or check the status of your payment on the IRS portal.


Am I Eligible?

The guidelines are the same as the last stimulus package: An individual who earns $75,000 or less in adjusted gross income will receive the full amount of $600. Married couples earning $150,000 or less will receive a joint check for $1,200. 

There’s no need to “sign up” to receive your stimulus check. The payments will be automatic for people who have filed a tax return since 2019. Your income information will come from your latest tax return. Eligible recipients who do not get a payment by the cut-off date will have to claim their money as a Recovery Rebate Credit on their 2020 tax return (which needs to be filed by April 15, 2021).

Those on social security will also be eligible for the government relief check, as long as they’ve filed a Form SSA-1099. While some details are still being worked out, disabled veterans will be eligible as well, even those who don’t pay taxes.


Depositing Your Stimulus Check

If you’ve provided your direct deposit information to the IRS in the past when applying for a tax refund, you’re all set. Your federal assistance check will be deposited directly into your bank account with no additional work on your part.

According to the bill, Americans will receive a paper notice in the mail outlining information about the amount distributed and the bank account to which it was directed. If you don’t see the money reflected in your account or you have an issue with the payment, you could then contact the IRS.

Mobile Deposit

If you’ve previously chosen to receive a check in the mail for your tax refunds, you’ll get your federal assistance check in the mail as well.

Armed Forces Bank offers a Mobile Check Deposit option through Digital Banking. Through the Armed Forces Bank Mobile App, you can take a picture of your check – both sides, including the endorsement on the back – which will then be deposited into your account.*

Be mindful that the funds from your mobile deposit may not be immediately available for use.

Learn more about Armed Forces Bank Mobile Deposit feature.

Please note that mobile deposits made through Armed Forces Bank must be endorsed with the following information:

  • "For Armed Forces Bank Mobile Deposit"
  • Account Number
  • Name


Need More Information?

Armed Forces Bank is here to help. Enroll or log in to Digital Banking to deposit a mobile check, message a banker, or create an alert for when your stimulus check hits your account. Click here for more information on Digital Banking and how to set up account alerts.

To learn more information about your government stimulus check, click here.


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* Message and data rates charged by your mobile phone carrier may apply. Deposits are subject to verification and not available for immediate withdrawal. Deposit limits and restrictions apply.