Month: June, 2021

Advance Child Tax Credit FAQ

Monday, June 21, 2021

The American Rescue Plan Act of 2021 made some significant but temporary changes to the Child Tax Credit. If you're a parent with a child under the age of 18, the amount you are eligible to receive from this credit is likely to increase and you could begin to see monthly deposits of several hundred dollars into your account starting in mid-July.

To learn more, click on the link below for answers to frequently asked questions about these changes.

KOFE Newsletter child tax credit.pdf


Visit Sallie Mae's website to learn more about financing your education.

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Vermillion, SD 57069

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Vermillion Federal Credit Union

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