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Parents across Louisiana are patiently waiting for the federal tax credit advance that should be hitting bank accounts across Louisiana starting July 15th.  If you haven't heard, the American Rescue Plan laid out plans to give parents of minors an advance on their 2021 child tax credit.  Uncle Sam is set to send out payments of $300 per month for kids under 6-years-old and $250 for youngsters aged 6-18 - as long as they meet the requirements.

According to a report from NBC, an often overlooked portion of the plan means that single parents will have a tougher time of getting that help than married moms and dads.  The income cutoff for receiving the maximum amount for married parents is $150,000 - if their combined income is any higher the payments get smaller.  The income cutoff for single parents is an annual income of $120,500.

When you consider that there are no discounts for single parents when it comes to groceries, school related costs, medical care, extra-curricular activities, and the like - this problem becomes much clearer.  When you crunch the numbers, a single parent of 3 pulling down $135,000 per year would receive about 10% less from this plan than married parents of 2 making a combined $150,000.

Reportedly, Democratic Representative Katie Porter of California is working with a group of politicians in Washington to correct this issue by putting the yearly income cutoff at $150,000 for all families.

KEEP READING: Here are the most popular baby names in every state

Using March 2019 data from the Social Security Administration, Stacker compiled a list of the most popular names in each of the 50 states and Washington D.C., according to their 2018 SSA rankings. The top five boy names and top five girl names are listed for each state, as well as the number of babies born in 2018 with that name. Historically common names like Michael only made the top five in three states, while the less common name Harper ranks in the top five for 22 states.

Curious what names are trending in your home state? Keep reading to see if your name made the top five -- or to find inspiration for naming your baby.

LOOK: Here are 25 ways you could start saving money today

These money-saving tips—from finding discounts to simple changes to your daily habits—can come in handy whether you have a specific savings goal, want to stash away cash for retirement, or just want to pinch pennies. It’s never too late to be more financially savvy. Read on to learn more about how you can start saving now. [From: 25 ways you could be saving money today]

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