US Social Security Administration Commissioner Frank Bisigno explains why the social security fund may soon come out compared to Maria compared to the morning.
The Trump Administration’s effort to modernize federal payment systems is coming for social security, which will begin to phase the paper Social security check,
social Security Administration (SSA) announced in mid -July that it would no longer issue paper checks starting from September 30.
The agency mentioned in a blog post that the move, while announcing the move, gets a rapid payment to the beneficiaries as compared to the paper check, while providing increased security against fraud and saves the federal government annually to save millions of dollars – as paper checks cost each 50 cents to release each while EFT is less than 15 cents.
While the SSA wants to infection as many beneficiaries for direct deposits or prepaid debit cards, which are prepaid debit cards designed for federal benefits payment, known as direct express cards, agency plans to issue paper checks in some limited circumstances.
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Social security is changing most of the beneficiaries into electronic payments and debit cards. (Photo Illustration by Kevin Dietsch / Getty Image)
Most Social security beneficiary The paper has already been infected away from the check, although the SSA says it is working to inform those who are receiving paper checks about the upcoming changes and how to prepare.
A social security spokesperson said, “Paper checks are received in less than one percent of the social security administration.
Social Security Commissioner Frank Bisignano is overhaling the customer service processes of SSA. (Owen Hoffman / Patrick through McMulan / Getty Image)
At the announcement of the agency in July, SSA said in addition to reaching out Beneficiaries receiving paper checks Directly, it will include an involvement with all the benefits check that suggests how a beneficiary can infection in electronic payment with the help of SSA technicians.
SSA announced that the paper check is being phased out, the beneficiaries also noted safety concerns along with mailing checks.
The SSA wrote, “The possibility of losing paper checks or stolen than electronic payments is 16 times higher, which increases the risk of fraud. Electronic pays provide a safe, more safe way to get the benefit,” SSA wrote.
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The Social Security Administration is contacting the beneficiaries who are receiving a paper check about the infection. (Jeffrey Greenburg/Education Image/Universal Image Group/Getty Image)
Electronic Payment Push is being chased under an executive order issued by the President Donald Trump In March, as well as federal policies that were before another Trump administration to encourage electronic payments.
The SSA announced in the mid -July announcement that beneficiaries can update their payment options online at any time through their personal social security account.
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The agency also has Informative webpage Explaining how the beneficiaries can enroll in direct deposits or get direct express cards.
