Some Annuitants Must Take Immediate Action to Receive $500 per Dependent under Coronavirus Relief Act This Year
Railroad retirees are entitled to receive a payment of $1,200 per person under the Coronavirus Aid, Relief, and Economic Security Act, or CARES Act, signed into law by President Trump on March 27. It also provides an additional $500 per dependent child.
However, for individuals who did not file an income tax return for 2018 or thus far for 2019, they will need to take action by noon Eastern time on April 22 to receive the extra $500 per dependent on their CARES Act Economic Impact Payment.