Senior Watch: January 28, 2013

Updated 2 years ago

Social security is about to stop sending out checks to recipients, they’ll be paid electronically instead.Dyan Walsh of Eastern Area Agency on Aging talks about the “go direct” program.Website: www.godirect.orgGo direct is where the social security payments go direct deposit or a debit cards. Paper social security checks stop March 1st.The Treasury Department is phasing out paper check payments and requiring federal benefit recipients to get their money electronically. You can choose to get your payments by direct deposit to a bank or credit union account or to a Direct Express® Debit MasterCard® card account.Act now to get your money safely and quickly – on time, every time.Already getting federal benefit payments by paper check? Switch today!You must switch to electronic payments by March 1, 2013. Sign up for direct deposit or the Direct Express® card by contacting the U.S. Treasury Electronic Payment Solution Center at (800) 333-1795. You may also sign up for direct deposit online.Retiring or applying for federal benefits soon? Be ready.You will get your money electronically from day one. Be ready to choose direct deposit or the Direct Express® card when you fill out your application. If you do not choose an electronic payment option by March 1, 2013, you may receive your payments via the Direct Express® card.


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