The way most Social Security beneficiaries get paid will be changing starting this week. <\/p>\n
As of Sept. 30, paper Social Security checks will be going away for most beneficiaries, meaning that most payments will be done electronically, USA Today<\/a> reported.<\/p>\n Not only will Social Security checks be impacted, but so will tax refunds and other payments from federal programs, The Washington Post<\/a> reported.<\/p>\n The change is due to an executive order issued in March. <\/p>\n Paper checks and money orders, according to President Donald Trump\u2019s administration, \u201cimpose unnecessary costs; delays; and risks of fraud, lost payments, theft, and inefficiencies.\u201d<\/p>\n The Social Security Administration has been contacting recipients who were receiving checks in the mail to change to electronic payments or debit cards before Tuesday. <\/p>\n \u201cElectronic payments offer significant advantages over paper checks, including faster access to funds, increased security, and greater convenience,\u201d Nick Perrine, SSA chief communications officer, said<\/a>. \u201cPayments are deposited directly into a bank account or onto a prepaid debit card, eliminating the need to wait for mail delivery or visit a bank.\u201d<\/p>\n The change will save money for the federal government, as it costs about 50 cents for a check, but 15 cents for electronic payments, according to CBS News<\/a>. <\/p>\n More than 5 million people were still receiving checks, The Washington Post<\/a> reported about two weeks ago. Most people who get checks are elderly, people with disabilities and people without bank accounts. <\/p>\n They are \u201cpopulations that may be more challenged by having to change the way they receive their federal benefits,\u201d Financial Health Network founder Jennier Tescher told the Post<\/a> earlier this month. <\/p>\n Limited numbers of paper checks will still be issued to people who have no other way of getting their payments, CBS News <\/a>reported.<\/p>\n \u201cThe U.S. Department of the Treasury will grant exceptions to the rule for qualifying circumstances,\u201d the agency said, but didn\u2019t say who will qualify and what steps are needed to get the paper payments. <\/p>\n You can call 877-874-6347 to get information about filing a waiver, USA Today<\/a> reported.<\/p>\n To enroll in direct deposit, visit the my Social Security website<\/a> or call, 800-772-1213, or to enroll for a Direct Express Card call 800-333-1795 or click here<\/a>.<\/p>\n