Don't be expecting one of these in the mail.A timely article clearing up some confusion about the Obama administration's stimulus plan courtesy Kiplinger.com. They list 7 Misconceptions, but I am guessing the most pressing for the readers of this blog are:
#1: You will not get the stimulus in the form of a check, but rather in the form of tax withholding adjustments (a little more take-home pay). (You can also watch a short video explaining this benefit here.)
Of course, that's if you are fortunate enough to still have a job. If not, read #5 and #6 about COBRA benefits (talk to your employer, not the government, about having to pay only 35% of the cost and the length of that perk). And read #7 about the number of weeks you can receive unemployment payments.
Read the full article here. [via Yahoo! Finance]
[Photo by Bright_Star]
