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Paper checks slated to cease in a few months - U.S. News & World Report
The roughly half million Social Security beneficiaries still receiving paper checks will be required to convert to an alternative by September 30 to comply with President Trump’s Executive Order (EO) 14247. The Executive Order, titled “Modernizing Payments To and From America’s Bank Account,” requires that paper-based payments from the Federal Government be transitioned to digital payments, either through direct deposit or use of a Direct Express debit card. In describing the motivation behind EO 14247, industry experts have cited the increased level of security, cost savings, and governmental efficiency improvements expected to result from the change.
In preparation for the changeover, Social Security Administration (SSA) officials have been actively communicating the steps that recipients need to take in advance of the September 30 date. Notifications have been issued, and outreach efforts have been made to promote widespread understanding of the options available.
Newsweek reporter Suzanne Blake recaps the scope of this processing modification in a post on their website (access it here). As her article notes, the change will involve Social Security retirement benefits, disability payments (SSDI), and Supplemental Security Income (SSI) payments. If readers need any assistance in preparing for the September 30 change, know that the AMAC Foundation Social Security Advisory Service is available to provide guidance. Learn more about this free-to-the-public service here.
This posting is presented for informational purposes only and does not represent legal or financial guidance. Any opinions or interpretations presented are either those of the original author or, in the case of articles authored by the AMAC Foundation, are the opinions of AMAC Foundation staff, originally trained and accredited by the National Social Security Association (NSSA) and certified via the AMAC Foundation. Any links included in the article are valid on the posted date; socialsecurityreport.org cannot guarantee the duration of the links’ validity. NSSA and the AMAC Foundation and its staff are not affiliated with or endorsed by the Social Security Administration or any other governmental entity. To submit a question, visit our website (https://amacfoundation.org/services/) or email us at ssadvisor@amacfoundation.org. Because we are a non-profit organization, there is no charge for these services.