More than 90% of potentially eligible individuals received pandemic-related stimulus payments but receipt varied across race and ethnic groups, according to recently published joint federal research.
Among the four largest race/ethnic subgroups of the potentially eligible population (Non-Hispanic White, Non-Hispanic Black, Non-Hispanic Asian and Hispanic of any race), Hispanic individuals had the lowest receipt rate (87%) and non-Hispanic White individuals the highest (94%).
In addition, lower-income individuals and families with children received payments earlier than higher-income individuals and families without children.
The research published May 8 investigates whether there were disparities in the disbursement of federal Economic Impact Payments (EIPs) as part of a broader effort related to Executive Order 13985, Advancing Racial Equity and Support for Underserved Communities Through the Federal Government.
Continue reading to learn more about:
- What Economic Impact Payments are
- What the research shows
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