The IRS and the U.S. Treasury Department will begin sending economic stimulus payments on preloaded debit cards this week, the Trump administration said on Monday.
Download the FOX 5 DC News App for Local Breaking News and Weather The IRS’ financial agent, MetaBank, will send nearly 4 million payments on prepaid cards – allowing recipients to withdraw funds from in-network ATMs, make purchases and transfer funds to their personal bank accounts without incurring any fees.
The mailed package will include activation instructions. A second round of stimulus checks are in limbo after being caught in a congressional tug of war. “Treasury and the IRS have been working with unprecedented speed to issue Economic Impact Payments to American families.