March 8, 2012
Electronic Payments for Social Security
On March 1, 2013 there will no longer be paper Supplemental Security Income checks. Income will then be processed by debit card or direct despot. This news is according to the U.S. Treasurer.
"The switch to electronic payments is a win-win for federal benefit recipients and for taxpayers,” said U.S. Treasurer Rosie Rios. “It provides a safer, more secure, more convenient way for Americans to access their federal benefits, while also improving government efficiency and delivering more than $1 billion in savings.”
Since May 2011, all people with physical/mental challenges have been mandated to choose whether they want to receive income by direct deposit or debit card. Government representatives still send approximately seven million paper checks monthly. This change to electronic payments has been discussed often.
90% of people with physical/mental challenges obtain income electronically stated government representatives. People with physical/mental challenges can change to electronic benefits by processing online. They can also call: 800-333-1795.