What to Expect with Round Two of Stimulus Checks
The IRS will be sending out the second round of stimulus checks within the next two weeks. Direct deposit is expected before Friday, December 31, 2020. Paper checks may be received as late as January 15, 2021. Currently, this is all the information we have.
Lessons from the first round taught us that there is a possibility of online banking not being able to withstand the high number of members attempting to log in simultaneously to check for their deposit. While we will prepare our technology provider, we wanted to ask for patience as we work through this round.
In addition, we expect phone calls to increase leading to a longer hold time, but we assure you we will be working diligently to answer calls.
Please keep in mind that this process is driven by the IRS and not Prospera. We are simply one of the many financial institutions receiving these funds. While we will do our best to answer all your questions, we once again ask for your patience. We understand everybody is anxious to receive their funds, and we are excited for you to receive them as well!
Wishing you all happy holidays and a happy new year!