So the next round of stimulus checks are being sent out as you read this… $1400 and all dependents meeting the requirements….
We will touch more on this next week, but one item that is different is the phase out in income levels is much steeper in this round of stimulus.
Faster Phase Out
Individuals earning over $80k and joint filers earning over $160k are completely phased out. This is a much faster phase out than the prior rounds.
If you were partially phased out in the prior rounds, it is very likely you will be completely phased out this round.
Again, more on this shortly!
Friday Heading Toward Spring
Today is a Friday heading into a soon to be warmer spring time….
Enjoy your Friday and your weekend…. talk next week!
John A. Kvale CFA, CFP
Founder of J.K. Financial, Inc.
A Dallas Texas based fee only
Financial Planning Total Wealth