Treasury Announces Schedule for $250 Economic Recovery Payments
Thursday, April 9, 2009
Payments to begin in early May
Washington, D.C. - (April 9, 2009) - In early May, the Financial Management Service (FMS), a bureau of the U.S. Department of the Treasury, will begin to issue more than 64 million one-time $250 payments to benefit recipients. FMS has worked closely with benefits agencies -- the Social Security Administration (SSA), the Railroad Retirement Board (RRB), and the Department of Veterans Affairs (VA) -- to develop an aggressive schedule to make these payments.
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