Has anyone [in the U.S.] received your stimulus check? How are you going to spend it?

[Ecky]

Checking account.

[Xist]

Nice! I was supposed to receive 2% on a new checking account with a credit union that I opened when I started a new job back in 2007, but I never received the paperwork in the mail, and somehow ended up with an account that didn't pay interest--not that I had money in my account.

The local credit union only pays more than my Navy Federal savings account when you have over $10,000.

I have a better use for that much.

[redpoint5]

I read this in another forum:

"...the IRS isn't going to simply draw names or Social Security numbers out of a hat to determine when you'll be paid your stimulus check. Rather, it's going to be issuing paper checks on a weekly basis based on AGI and in $10,000 increments. If you know your AGI from 2019 (if you've already filed your federal return) or 2018 (if you've yet to file), this will tell you precisely when you can expect to receive your stimulus check.

If the IRS has your direct deposit information on file: the week ending April 17.
Paper checks for people with up to $10,000 in AGI: the week ending April 24.
Between $10,000 AGI and $20,000 AGI: the week ending May 1.
Between $20,000 AGI and $30,000 AGI: the week ending May 8.
Between $30,000 AGI and $40,000 AGI: the week ending May 15.
Between $40,000 AGI and $50,000 AGI: the week ending May 22.
Between $50,000 AGI and $60,000 AGI: the week ending May 29.
Between $60,000 AGI and $70,000 AGI: the week ending June 5.
Between $70,000 AGI and $80,000 AGI: the week ending June 12.
Between $80,000 AGI and $90,000 AGI: the week ending June 19.
Between $90,000 AGI and $100,000 AGI: the week ending June 26.
Between $100,000 AGI and $110,000 AGI: the week ending July 3.
Between $110,000 AGI and $120,000 AGI: the week ending July 10.
Between $120,000 AGI and $130,000 AGI: the week ending July 17.
Between $130,000 AGI and $140,000 AGI: the week ending July 24.
Between $140,000 AGI and $150,000 AGI: the week ending July 31.
Between $150,000 AGI and $160,000 AGI: the week ending Aug. 7.
Between $160,000 AGI and $170,000 AGI: the week ending Aug. 14.
Between $170,000 AGI and $180,000 AGI: the week ending Aug. 21.
Between $180,000 AGI and $190,000 AGI: the week ending Aug. 28.
Between $190,000 AGI and $198,000 AGI: the week ending Sept. 4.
All other checks (e.g., those who didn't have tax info on file): the week ending Sept. 11."

Seems strange to me they are going off AGI instead of taxable income. People might have a high income, but have a lot of expenses such as dependents that would reduce how wealthy they appeared.

I haven't seen anything published that talks about what increments the checks are reduced for those exceeding the full check amount.

[Xist]

For the one-percenters:


[This is a chart for ants. I want to make you all squinty-eyed]

[oil pan 4]

My wife was right at the limit.

[redpoint5]

Originally Posted by Xist

For the one-percenters:

Americans do not have to be extremely wealthy in order to claim a spot among the 1%. A $32,400 annual income will easily place American school teachers, registered nurses, and other modestly-salaried individuals, among the global 1% of earners.

The top 1% of wage earners strictly in the United States must pull in at least $421,926 to make the cut.

Originally Posted by oil pan 4

My wife was right at the limit.

Which limit?

[Xist]

Aren't wives always pushing the limits?

Compared to people in third-world countries I am the one percent?!

Running water and indoor plumbing?

Historically, yes, I have it good.

Every day I appreciate not being in Afghanistan--or Fort Leonard Wood.

[Shudder]

[redpoint5]

Not even historically. Just being in the US now means you've got it good. Our homeless have cell phones and cellular internet. As Scott Adams says, there are indoor people, and there are outdoor people. I find it interesting how libertarian we are with insane or addicted people.

As far as pushing limits goes, I'm far more likely to do something that "pushes the limits" in a catastrophic way. On a daily basis, I'd say my wife makes more minor errors or suboptimal decisions, but I make the huge mistakes. I did almost slide off a snowy cliff in the truck, and I have flipped the quad over backwards (twice). I'm considering trying my hand at market timing, which is pretty foolish.

[Xist]

Poor decisions make great stories?

[oil pan 4]

Lower limit that starts cutting into how much one gets.
I may have one more trip to Afghanistan left in me.