Coronavirus: What’s in the $2 trillion stimulus for older adults?

The Coronavirus Aid, Relief and Economic Security (CARES) Act, the $2 trillion stimulus package just passed by Congress and signed into law by President Trump, offers some financial and medical relief to older adults. The legislation includes cash payments and expanded Medicare benefits, along with emergency supports for skilled nursing facilities and caregivers.

If you get Social Security benefits, you will receive an extra check for $1,200, so long as your adjusted gross income (AGI) in 2019 was $75,000 or less. If you’re married, you’ll both get $1,200, so long as your combined income was $150,000 or less.

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