Coronavirus Response and Relief Supplemental Appropriations Act of 2021
2021 Economic Impact Payments
According to the IRS, Americans will start to receive new coronavirus stimulus checks as soon as Saturday, March 13, 2021. Many will receive this as a direct deposit into their account, and some may already see the deposit in their account, including our valued members.
As the US Treasury begins issuing stimulus checks, it will likely be in waves. Citadel will not know when individual members will receive their payment. If you do not see your direct deposit yet, please visit the IRS website to find out when you will receive your stimulus payment.
Who is eligible?
According to the IRS, individual tax filers with adjusted gross income up to $75,000 and up to $150,000 for married couples filing joint returns will receive the full $1,400 (individual) or $2,800 (couples filing jointly) payment.
More specific information regarding taxpayer eligibility is provided here by the IRS. All information is based on your most recently filed tax return.
How will I get my payment?
For this round of stimulus checks, you can use the same IRS Get My Payment Portal to determine the status of your check. The site lets users check when and how to expect the stimulus funds. In addition, if you don’t have direct deposit, you can provide your account information online.
You can also set up Online and Mobile Banking alerts through Citadel to be automatically notified when you receive your payment.
Getting Your Check in Your Citadel Account
If you are expecting your check to directly deposit into your Citadel account, simply log into Online Banking or the Mobile App.
Don’t have an Online Banking account?
If you’re receiving a direct deposit, we recommend signing up for both the Pending ACH and Direct Deposit Received Account Alerts in Online Banking. Learn more about these alerts.
You can also call us to determine if your check was deposited (800) 666-0191.
Receiving a Paper Check?
You can simply sign the back of your check, and deposit a few ways:
Key Provisions for Retirement Accounts
IRA Contribution Due Date
Through the American Rescue Plan Act, the deadline for making 2020 IRA Contributions is April 15, 2021.
Please refer to the IRS Tax Time Guide for information about 2020 IRA contributions and tax returns.
If you need specific information regarding your IRA with Citadel, please call us (800) 666-0191.