How to get more stimulus money by funding your 401(k)

April 4, 2021

You may find that you're getting less money than you expected from the third stimulus check or that you're not eligible at all, even though you qualified in the first two rounds. That's because the third round has a much narrower phaseout range for people earning above the income limits, which are $75,000 for singles, $112,500 for heads of household, and $150,000 for married couples.

You won't qualify for any stimulus money if your income is above $80,000 for singles, $120,000 for heads of household, or $160,000 for married couples – no matter how many dependents you have. But if your income is within the phaseout range or just above the limits, there's a surprising way you could qualify for more stimulus money. Increasing your 401(k) contribution could unlock more stimulus money in early 2022.