/biz/ - Business & Finance

>The much-awaited stimulus check will begin flooding into millions of bank accounts starting today, according to IRS Treasury Secretary Steven Mnuchin. The first payout is estimated to cover at least 50 million Americans.

>The first wave of payments will be issued to be people who have already given their bank account information to the IRS and Social Security beneficiaries who filed a federal tax return with direct deposit information.

>The next wave of money will be paid no later than the week of April 20. The third and final round is dedicated to payments being made through check. Those will be mailed at an undetermined date.

>Groups of checks would be then mailed over the next several weeks. It could take until May or August for recipients to see the money.