CASH COMING! Big $1,000 Guaranteed Monthly Income Program – 2022

Find out about the big $1,000 guaranteed monthly income program of 2022 as It is very vital and important. Meanwhile, 44 percent of residents living in poverty are older adults age 55 and up. To access payments, participants will receive a debit card that will link to a bank account that receives the monthly deposits. Recipients do not need an existing bank account to receive the money. To qualify, annual household income must be equal to, or less than, very low income (50 percent area median income) for the metropolitan area of Los Angeles, Long Beach, and Glendale as determined by the United States Department of Housing and Urban Development:

Household of one:
Income: $41,400 or less
Household of two:
Income: $47,300 or less
Household of three:
Income: $53,200 or less
Household of four:
Income: $59,100 or less
Household of five:
Income: $63,850 or less

Guaranteed income programs that provide a monthly cash stipend to accepted participants are expanding through cities and states nationwide. Eligible Americans are encouraged to apply for universal basic stimulus income programs offered in their city or state. The programs are usually government-run programs or sponsored by a not-for-profit, where accepted participants receive a set amount of money for a period of time. In many cases, no strings are attached as to how participants use the stimulus income.

Disclaimer: this video is for educational and entertainment purposes only and is not meant to be a substitute for legal, accounting, tax, or professional advice. If you have any specific questions about any legal, accounting, tax or other professional service matter you should consult the appropriate professional services provider.