The
U.S. Social Security Administration has a new policy which eliminates the
option for Social Security and SSI recipients to receive their benefits in the
form of paper checks beginning on March 1, 2013.
Recipients will continue
to have the option to use direct deposit for their benefits or they may choose
to receive a “Direct Express Debit Card.”
The debit card is automatically
loaded with a recipient’s benefits on the appropriate payment day of each
month. The card is not associated with the recipient’s bank account and funds
cannot be added to the card by the card holder.
The change applies to Social Security, Supplemental Security Income, Veterans Affairs benefits, and anyone who receives benefits
from the Railroad Retirement Board, Office of Personnel Management and Department of Labor (Black Lung).
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