COVID-19 Resource Update
Last updated May 27, 2020
- Receiving Your Stimulus Payment on a Prepaid VISA Debit Card
If you qualify for an Economic Impact Payment (Stimulus Payment), you might receive your money on a prepaid VISA debit card, issued by MetaBank, through the mail. The Economic Impact Card will come in a plain envelope from “Money Network Cardholder Services” along with important information about the card, instructions for activation, fees and a note from the U.S. Treasury. If you receive such a card in the mail, do not throw it away. You will need it to access your Economic Impact Payment. The Consumer Financial Protection Bureau answers common questions and provides tips to help you access your money and use your card while reducing fees and avoiding scams. Learn about Your Economic Impact Payment Prepaid VISA Debit Card and How to Avoid Fees
- Residential Programs and Economic Impact Payments
The Federal Trade Commission (FTC) has received reports of nursing homes and assisted living facilities throughout the country claiming that stimulus checks count as “resources” under the rules of federal benefit programs that must be used to pay for services. The FTC notes that this is not true, and encourages consumers to check with loved ones who receive Medicaid and live in these facilities and to file a complaint with their state attorney general if they or a loved one have experienced this issue. Learn about Your Rights Regarding Your Stimulus Payment
- ABLE Accounts: Opportunity to Build Financial Resilience
With finances strained by COVID-19, it is important to take steps to manage money and ABLE account savings. The ABLE National Resource Center (ABLE NRC) is the leading source of objective, independent information about ABLE programs and activities. “ABLE Accounts: Opportunity to Build Financial Resilience” is a document created by the ABLE NRC to provide relevant information to ABLE account owners to help maintain their personal and financial health and safety.
Use the Tool
- What to Do If You’re Having Trouble Paying Rent or Mortgage Payments
The Consumer Financial Protection Bureau (CFPB) offers games, lessons and activities that help kids build money skills, based on research on how these skills are developed throughout childhood. The activities and tips are free, and you don’t need to be a money expert to use them. An added bonus is that your kids will learn valuable skills on managing money.
Activities to Build Kids’ Money Skills
- Quick Tips for Financial Resilience
National Disability Institute has created several handouts featuring quick tips for improving your financial health and answering frequently asked questions about personal finances.
Read NDI’s Quick Tips
- Submit Your Financial Resilience Tips
Share your financial resilience tips with us! Submit your tips, stories or resources for maintaining or improving financial wellness during the COVID-19 pandemic, and we’ll feature them in our newsletter.
Submit Your Tips
