[Nfbf-l] Fw: Reminder - your SSI benefits to be made electronically or a debit card, no more checks!
Sherri
flmom2006 at gmail.com
Wed Mar 13 12:41:03 UTC 2013
Thought this might be of interest.
Sherri
----- Original Message -----
From: Samme.Ripley at ocfl.net
Sent: Tuesday, February 05, 2013 4:11 PM
Subject: Reminder - your SSI benefits to be made electronically or a debit
card, no more checks!
Social Security To Halt Paper Checks
By Michelle Diament
February 5, 2013 Text Size A A
In just a few short weeks, the government plans to stop issuing paper checks
to all Social Security beneficiaries, including people with disabilities who
receive Supplemental Security Income.
As of March 1, the federal government expects to send all payments for
Social Security and other benefits electronically through direct deposit or
on a debit card.
With less than a month remaining until the deadline, however, nearly 5
million Americans - including 1.2 million SSI beneficiaries - have yet to
move away from paper checks, according to the U.S. Department of Treasury.
Though payments are not expected to stop for those who don't change their
payment method, holdouts can expect an extra nudge soon, officials said.
"They will still get a paper check, but they will be hearing from us in a
more personal way," said Brad Benson of the Treasury Department's Financial
Management Service.
The move to electronic-only payments has been in the works for some time.
Since May 2011, all new federal beneficiaries have been required to choose
either direct deposit or debit card payments.
Eliminating paper checks is expected to save Uncle Sam more than $1 billion
over 10 years, according to the Treasury Department.
Social Security beneficiaries can opt to receive electronic payments by
going online or by calling 800-333-1795.
Samme Ripley
Orange County Office on Disability
Citizen Resource & Outreach
407-836-6568 office/407-836-7583 fax
samme.ripley at ocfl.net
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