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What the latest stimulus package means for senior citizens Last Updated: Dec. 26, 2020 at 10:04 a.m. ET First Published: Dec. 23, 2020 at 10:15 a.m. ET By Congress passed a long-awaited stimulus package this week. Getty Images Email icon Resize icon The latest stimulus package, aimed at improving Americans’ financial and medical situations during the pandemic, mentions little about retirement savings and yet, there’s plenty that retirees need to know about it.  The long-awaited $900 billion stimulus package, which President Trump signed into law on Sunday, allows for distribution of a second round of checks, as well as money for vaccine disbursement and suffering small businesses. The 5,500-page bill also prolongs unemployment benefits and prevents evictions.  

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