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I posted under Financial Planning, didn't know where to post.

When I asked the OP if her parents were self pay or Medicaid - what I was thinking... wondering about -

What about the folks that are retired and receiving SS but also have income producing investments and were using that income to support themselves beyond the SS and or supporting a particular level of care?

I should I say HAD income producing investments...

Thoughts or info?

EDIT: For instance - my son has no income and doesn’t file yearly taxes. However, he does have an Irrevocable Trust that does file a tax return and in fact - pays both federal and state taxes every year and has paid every year for the past 20+ years.
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Reply to Rainmom
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Most recent email from Senator in my state, WV included Those with over $75,000 to $100,000 or above in income would receive a reduced amount. Each adult who has income from work, social security or pensions totaling up to $75,000 would receive a check in April for $1000 per adult and $500.00 per child. A second check for the same amount would be issued around May 18. After that it would depend on the state of the economy and whether we are still in a state of emergency. If you are not required to file taxes on your Social Security you will still be eligible.

All of the plans are committed to not making “winners” or “losers” as in past stimulus or economic rebates. But they haven’t chosen which of the options will be approved.
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Reply to Bridger26164
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This is the last thing I read about the "money check"

"Most American adults would get checks of up to $1,200, plus $500 for every child. But people who made more than $99,000 in 2018 would get zilch, as well as couples who file joint tax returns and make a total of more than $198,000 a year."

It's not very clear, does it mean every single adult working or not?

Thus, young doctors on the front lines of this virus who make above $99k but still have large student debt, will get nada.... [sigh].
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worriedinCali Mar 20, 2020
same with many nurses FF. Can’t speak for other states but here they start out around $45 an hour, most RNs make a lot
more than $100k a year and they will get nada. I don’t think it’s fair.
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I am assuming these checks are for those who work and are being laid off because of closings. They can get unemployment but it take 2 weeks to get ur first check. In the meantime no money. I doubt someone retired and on SS qualifies.
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worriedinCali Mar 20, 2020
I don’t think so either Joann. There are several different proposals by various politicians being touted right now but I think all of them would base eligibility off your tax filing—if you haven’t filed 2019 taxes yet, they would go off your 2018 return. so those who are on SS and not required to file wouldn’t get a check. And you know what......people in memory care and nursing homes don’t really need stimulus checks do they? Their income hasn’t been affected. They aren’t facing the same financial crisis the working and unemployed people are facing. There are self employed folks who have been prefer not to work and some can’t file for state unemployment yet—hopefully provisions will be made for them or there will be federal help!
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Are your parents self-pay or Medicaid?
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Reply to Rainmom
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Do you mean the test? If so, no, they are not likely to be tested unless they have symptoms and exposure. Remember, a negative test TODAY doesn't mean she couldn't go positive tomorrow.
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worriedinCali Mar 20, 2020
That’s not at all what she means. She’s talking about the proposed stimulus checks.
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There is no official corona virus check (yet). So there are no official eligibility guidelines. But that said, your parents income hasn’t been affected by the virus so I wouldn’t be worried about whether or not they get a stimulus check. There are others who currently have no income right now.
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