Social Security is fully doing away with paper checks: How to prepare
Summary
The Social Security Administration is stopping the use of paper checks for benefit payments. Most people will need to switch to direct deposit or use a prepaid debit card to get their benefits.Key Facts
- Social Security will no longer send paper checks to most recipients.
- Benefit payments will be made electronically through direct deposit or a prepaid debit card.
- This change affects people who currently receive their benefits by mail.
- Using direct deposit means money goes straight to a bank account.
- The prepaid debit card option is for people without bank accounts.
- The switch aims to make payments faster and more secure.
- People should prepare by setting up direct deposit or obtaining the debit card.
- The Social Security Administration is helping with the transition.
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