December 22, 2020
The ACH Network Stands Ready to Assist Americans With Economic Impact Payments
As Congress has approved another coronavirus relief package, the ACH Network stands ready to deliver Direct Deposits for economic impact payments (EIPs) and unemployment benefits quickly and accurately.
Direct Deposit is a proven, fast and secure way to deliver federal benefits and government assistance, even in the face of unprecedented crises. Whether it's Social Security payments, veterans’ benefits, IRS refunds or other payments, the federal government has a long and successful track record of using Direct Deposit.
Resources
- ACH Resources During the Coronavirus Pandemic
- Direct Deposit Delivers
- Rules Committee Print 116-68 Text of The House Amendment to the Senate Amendment to H.R. 133
- Notice to financial institutions: Additional RTNs for IRS tax refunds and Economic Impact Payments
- Ways and Means Provisions in the 2020 Year-End Legislation
- Ways and Means Q&A
- COVID Relief Small Business Fact Sheet
- Small Business Title COVID Package Section-by-Section