Personal Finance
Stimulus Payments You Might Be Overlooking in 2025
Even though we are well into 2025, many individuals remain unaware of financial assistance that could significantly boost their finances.
This assistance isn’t reserved for a select few but is available to millions of people across the United States. Let’s explore the key details surrounding this aid, so you don’t miss out on a chance to benefit.
Unclaimed American Rescue Plan Benefits
The Internal Revenue Service (IRS) still holds over one million dollars in unclaimed funds related to the American Rescue Plan.
If you didn’t claim the 2021 Recovery Rebate Credit or didn’t file your taxes that year, you may still be eligible for a “special payment”. Even if your income was low in 2021, you might qualify for this benefit.
How Much Can You Receive?
You could be entitled to as much as $1,400 under the American Rescue Plan. This is money that many people missed out on simply because they weren’t aware of it or didn’t know it was available.
The key takeaway here is that working families should act fast and claim the funds, as the deadline to do so is April 15.
To verify if you’re eligible and learn how to claim your payment, visit the IRS website or consult with a tax professional for guidance.
New Stimulus Payment Plans in New York
If you’re living in New York, there’s some exciting news for you. Governor Kathy Hochul has included a middle-class stimulus in her 2026 budget, which could result in up to 8.6 million New Yorkers receiving payments ranging from $300 to $500.
These payments may start arriving later this year, so keep an eye out for any updates. The plan is part of a larger initiative aimed at combating inflation and has already resulted in $5.5 billion being refunded to taxpayers.
Stimulus Payments Across Other States in 2025
Several other states are also taking action to provide financial assistance in 2025:
- Colorado: The Property Tax, Rent, and Heat (PTC) Rebate Program is helping low-income residents by distributing stimulus checks. If you filed before Tax Day 2024, you may have already received between $800 and $1,600. However, you still have time to apply for these payments until December 31, 2025. The maximum payment can reach $1,112 for individuals earning less than $18,018 or couples earning up to $24,345 in 2023.
- Sacramento: The Family First Economic Support Pilot Program (FFESP) is offering $725 monthly checks to low-income Native American and African American families. This ongoing support is part of a broader effort to reduce poverty and address economic inequality, covering essential expenses such as housing, childcare, and food.
Be Cautious of Fake Stimulus Check Scams
As the tax season gets underway, it’s essential to be vigilant about potential scams related to stimulus checks. Fraudsters are sending fake messages claiming you qualify for a $1,400 check. These deceptive offers are designed to steal your personal information.
The Better Business Bureau has issued a warning, stating that scammers are exploiting this opportunity to defraud people. Tax expert Mark Steber confirmed that no new $1,400 stimulus checks are coming.
However, the IRS reminds individuals who were eligible for the 2021 check but haven’t claimed it yet that they can still receive a direct deposit or check if they file their tax return by April 15.
The IRS will only communicate about refund credits through physical mail, not text messages or emails. If you receive a message claiming you are eligible for a stimulus check, it is likely a scam. Avoid clicking on any links, as they may lead you to fake websites or malware.
Key Stimulus Payment Deadlines and Eligibility
| State | Payment Amount | Eligibility Requirements | Deadline to Apply |
|---|---|---|---|
| American Rescue Plan | Up to $1,400 | Taxpayers who didn’t receive 2021 Recovery Rebate Credit | April 15, 2025 |
| New York | Between $300 – $500 | Middle-class residents in the state | Payments start later this year |
| Colorado | $800 – $1,600 | Individuals earning less than $18,018, couples up to $24,345 | December 31, 2025 |
| Sacramento | $725 monthly checks | Low-income Native American and African American families | Ongoing |
As we move further into 2025, there are still numerous opportunities for financial aid, particularly through stimulus checks and relief programs across the country. Whether you’re in New York, Colorado, or Sacramento, you may be eligible for these crucial funds.
But be quick—deadlines are approaching, and some of these payments will no longer be available after 2025. Make sure to check your eligibility and claim these funds before it’s too late!
Stay alert for scams and ensure that any communications about stimulus checks are coming from official IRS sources. With careful attention, you can secure the financial aid you deserve.
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