Raising children is probably the most expensive (and the most important) job there is. Annual tax credits make parenting a tiny bit more manageable, but not by much, so the federal government plans to expand them temporarily.

Starting this summer, more than 39 million families will be eligible to receive child tax credit payments as part of Congress’s most recent coronavirus relief package. Parents who qualify will receive a monthly payment of $300 per child under 6 years old and $250 per child 6 years or older that will be deposited directly into their bank accounts on the 15th of every month for the rest of the year starting in July. That means an eligible family with three children ages 2, 6, and 9, for example, will receive $800 per month from July to December.