Apr 19, 2010

No More Paper Checks

The Washington Post is reporting that as of March 1, 2011 those who go on Social Security benefits will no longer be given the option of a paper check. They will either have to specify a bank account for direct deposit or be assigned to the Direct Express Debit MasterCard program. As of March 1, 2013 this will be mandatory for all Social Security beneficiaries.

1 comment:

Anonymous said...

SSA tried this a number of years ago; we had to suspend the benefits of anyone who admitted to having a bank account but refused to have direct deposit. It was a failure and was rescinded. I guess now we're going to try it again. Good luck!