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What the new COVID relief package means for your money
pandemic relief package known as the CARES Act.Here’s what the COVID relief package — part of a $2.3 trillion spending bill passed by Congress and now awaiting the president’s signature — could mean for you, your family, your home or your business.IF YOU EARN UP TO $75,000 PER YEARYou’re eligible to receive a $600 one-time payment if your 2019 reported income was $75,000 or less. Couples who reported an adjusted gross income up to $150,000 will receive $1,200 (the income limit per couple is $112,500 for the highest earner or the head of the household).