Ninth batch of EIP3 payments disbursed

Yesterday, the IRS announced it had disbursed nearly one million payments in the ninth batch of Economic Impact Payments from the American Rescue Plan. That brings the total disbursed so far to approximately 165 million payments, with a total value of approximately $388 billion, since these payments began rolling out to Americans in batches in March.

The ninth batch began processing May 7, with an official payment date of May 12. It included more than 960,000 payments totaling more than $1.8 billion. Nearly 500,000 of the payments were made as direct deposits totaling $946 million.