Personal Finance News
Stimulus Update: Is This The Last 2021 Stimulus Check?
Hundreds of American Citizens have received stimulus aid from the US government. The last installment of the stimulus checks is due on Dec. 15. But, with the pandemic still very much in existence, everyone is asking the same question-Will there be more stimulus dole-outs in the offing in 2022? Here is the latest Stimulus Update.
President Biden’s administration had Okayed the American Rescue Plan Act in March 2021 and provided checks worth $1400 to eligible adults and their dependents.
The ascent reports that the act also changed the modus operandi of the payments, allowed families to receive the stimulus funds every month, and expanded the existing Child Tax Credit.
Stimulus Update: Is This The Last 2021 Stimulus Check?
Citizens will receive the last of these payments On Dec. 15, and here is some information for Citizens who didn’t get any of the stimulus money they should have received this year.
Stimulus Update: Will Eligible parents get money in their bank accounts on Dec. 15?
Before the American Rescue Plan Act, the Child Tax Credit payment was worth $2,000 per eligible child. However, only $1400 of the credit was refundable. In other words, citizens with less than $2,000 in annual tax liability didn’t necessarily receive the total amount. In addition, these credits applied to parents who filed their tax returns and claimed the credit. It meant that it was a once-yearly payment, and people didn’t actually get money back, but instead, the credit reduced their tax bill.
The American Rescue Plan envisages expanding the credit to $3,600 per eligible child under age six and $3,000 for children aged 6 to 17. The IRS also began delivering part of the credit at a rate of $250 or $300 per month starting in June.
Citizens who gave their bank details to the IRS have already received the payments on or around Jun. 15, July, August, September, October, and November. Citizens will receive the last compensation in December.
If you have furnished your bank details, you will receive the money on Dec. 15, 2021. It will be the last payment for the year, and half of the expanded credit will be delivered. You can claim the remaining half when you file your 2021 tax return in 2022.
Will the expanded Child Tax Credit will continue for another year?
As a part of the Build Back Better legislation recently passed by the House, which Biden intends to make into law, the expanded Child Tax Credit will continue for another year. However, if Congress does not approve it, the December payment will be the last most families get.
Will Citizens who missed out on stimulus money get it later?
Suppose Citizens who are entitled to the $1,400 stimulus payments or the expanded Child Tax Credit do not receive the money. In that case, they can claim it by filing a 2021 tax return once the IRS begins accepting them some time at the end of January next year.
Citizens who did not file a recent tax return or added new dependents to their family in 2021 that the IRS didn’t know about would not have received the stimulus money. Therefore make sure you claim all of the stimulus funds available to you since it is doubtful lawmakers will provide any more coronavirus relief in 2022.
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The death of Petar Nadoveza, a legendary football player, coach, sports director, and head of the Hajduk football school, at 81, was a tragic development for the Croatian football community. Let’s look at Petar Nadoveza’s Cause of Death in more detail and how the Croatian football player died.
How did he die?
Peter Nadoveza, a member of the Yugoslavian national team and the league’s two-time top scorer, died suddenly on March 19, 2023, at 81, following a protracted illness.
He was from Split and went by the name Pele. He was born in Ibenik and moved to Hajduk in 1963. He spent ten years with Poljud and was twice the tournament’s top scorer, winning two national cups (1967, 1971) and the Yugoslavian championship (1971).
Cause of death
We regret having to inform you about Peter Nadoveza’s passing. Peter Nadoveza was regarded by many as being amiable. Given the current news, many people must be curious to know Peter Nadoveza’s cause of death. Hajduk HNK reported the end of Peter Nadoveza due to a severe illness. The precise cause of death for Peter Nadoveza is still unknown. As soon as new information becomes available, we’ll update this article. The cause of Petar Nadoveza’s death has left the neighbourhood inconsolable.
More About Peter Nadoveza
A manager and professional football player from Croatia, Petar Nadoveza. He was known as “Pete, the Pelé from Split” while playing at Hajduk under the nickname Pere, Splitski Pele.
Nadoveza started his junior and senior seasons at HNK Sibenik. With the Sibenik youth academy, he was under the supervision of Stojan Mileta, who was responsible for many outstanding footballers from that region. Slavko Lutica once served as the team’s manager, and while in charge, Si benik dominated the Yugoslav Second League. In 1963, Nadoveza relocated to Hajduk Split, where he planned to spend the next ten years of his professional life. A true “killer” on the field, he was. He went towards the finish line with unbelievable speed and a strong instinct.
Although Nadoveza wasn’t an extremely disciplined player and frequently had disagreements with his managers, especially Branko Zebec, he has demonstrated his commitment to the team and the game on the field. The club employees and supporters adored him.
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Stephen Riddick, a man from Glasgow, Scotland has been recovered dead on January 20th, 2023. As per the reports, he was missing for almost a year. A missing FIR was registered by Riddick’s family when they failed to trace him.
The city police conducted an investigation following the missing report and located the missing person, who was unfortunately dead.
Credits- Facebook
Stephen Riddick’s body was located near West Nile Street, Glasgow, Scotland. His wife, Kathryn Fawkes has shared her grief for the unfortunate death of Riddick on social media.
He was a family man who loved his family the most. The devastating news of Riddick’s passing away has brought ultimate sadness to his family.
How did the Glasgow man Stephen Riddick die?
Stephen Riddick was missing for almost a week. His missing report suggested that the personality was last located in the Dumfries area. The police actively investigated the case and found a dead body in West Nile Street, Glasgow on 20th January 2023 at around 12.30 P.M. Officials suspected the body to be Riddick’s and hence, called his family members for identification purposes.
Credits- Premium Times Nigeria
The body has been identified to be Stephen Riddick. Police have doubted the cause of death can be potential suicide. However, no verdict has been given so far as the investigation continues to shed more light on the unwanted condition.
Police are looking for more evidence to call the mishap a circumstance of suicide. Nevertheless, no trace of foul play was discovered.
Read more- Former Massachusetts Senator Thomas Birmingham Breathes His Last At 73
How did Glasgow man Stephen Riddick’s family react to his death?
Stephen Riddick’s family is in ultimate shock as their lovable member passed away suddenly. His wife, Kathryn Fawkes with who he spent 17 years of marital life has shared her emotions with the public through social media. She mentioned in her post that Riddick has committed suicide.
Credits- Facebook
Fawkes further states that she will never stop loving Riddick and expects he is in a better place. However, the incident of her husband’s suicide shocked her very much. She is out of words to explain her feelings. Fawkes further promises that she will take care of Riddick’s kids, Ellie and Ollie forever.
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Tom Mboya Opiyo, a brilliant tech professional from Kenya meets the difficult days of his career after getting abruptly laid off by one of the global giant companies, Amazon. The IT employee was ready to relocate to Europe for his new job position in a reputed firm. However, things took a negative turn and Opiyo, along with his family gets shattered.
Credits- Business Standard
Following the news of getting laid off abruptly, Opiyo shares his thoughts through his LinkedIn handle. In the post, he expresses how devastated he and his family are at the moment. The mass layoff trend of established global companies is giving nightmares to thousands of employees. The challenges have enhanced for the employees who were boarding a new city and country.
What happened to Tom Mboya Opiyo?
Tom Mboya Opiyo is a Kenya-based IT professional. He was given an opportunity to work in the e-commerce MNC, Amazon and relocate to Europe. Following the offer, Opiyo resigned from his existing position and started to process the passport and visa struggles. As per his revelation, after six months after his departure, his family was also about to shift to his location.
Credit- Pulse Time
To get the fund for the immigration formalities, Tom Mboya Opiyo and his family sold their cars and residence. He stated that visa confidentiality took a lot of time and effort as he had to visit the immigration office and other concerned places regularly. Nevertheless, all the hard work went in vain as before four days boarding to Europe, the tech professional was informed that he has been laid off.
The news brought havoc to the family as all their future plans have been shattered. It is notable to mention that Opiyo is an award-winning tech expert whose opportunity to work in a popular MNC was taken away. As a reason, Amazon has stated that the layoff is a result of some business changes.
Layoff culture of MNCs impacting thousands –
Several MNCs have been suddenly terminating a large number of their employees in recent times including Amazon, Twitter, Microsoft, Meta, and others. This has impacted many workers and created challenges for them to seek other opportunities immediately. On January 18th, Amazon alone laid off 18000 of their global employees.
Credit- LinkedIn
Tom Mboya Opiyo has suggested everybody not to put every egg in one basket and enhance the risk of breaking every egg at a time. As he sold his cars and home, the chances of recovering everything is lower. Furthermore, he has advised everybody not to leave their existing positions until they receive their visa while relocating too another country for job.
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Theresa. Hanks
December 19, 2021 at 4:39 AM
These stimulus check s are great for the family’s but what about the people who are stuggungy to get by one who are sick and can’t work and want to work. The unemployment is back up ayear before you can even get it going them people are nothing to the gov you just let them suffer and don’t worry about them. And you say we the gov care and willhelp. But that’s just words on paper your told to say cause if it was true you would be helping like you say . But you just sit back and don’t care cause people wouldntybe living on the streets srehurting to keep going are may the more that die are end up on the streets is what you want. I use to. Leave it the gov but how can I when the gov don’t care they sit back and let their own life keep going their lives arnt in trouble.