The United States Department of the Treasury is ending paper checks and switching to direct deposit as of March 1, 2013, for most Americans. This includes those receiving Social Security and Supplemental Security Income (SSI) payments. The move to direct deposit is touted as safe, easier, more convenient and will save taxpayers $120 million. There are a few groups that can elect to still receive a paper check.
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| Image Source: http://www.ssa.gov |
The Treasury Department and the Federal Reserve Banks has sponsored a "Go Direct" campaign, including videos and a website, to inform people about this important change.
Here is the latest Go Direct video: It's Time to Switch to Electronic Federal Benefit Payments
For more information check out the Go Direct website FAQ: http://www.godirect.org/about-faq/
Here is the latest Go Direct video: It's Time to Switch to Electronic Federal Benefit Payments
For more information check out the Go Direct website FAQ: http://www.godirect.org/about-faq/
Lapin Law Offices represents persons seeking Social Security Disability and Supplemental Security Income benefits from the Social Security Administration. If you have been denied give us a call at 402-421-8033 or submit your case online (Contact Us). We offer a free initial consultation and do not collect a fee unless we get money for you.
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