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Federal benefits to be paid electronically by 2013
Federal benefits to be paid electronically by 2013
Washington Post Staff Writer
Monday, April 19, 2010
Most Social Security and other federal benefits payments will be made by direct deposit by 2013, the Treasury Department is set to announce Monday. The decision will eliminate about 136 million paper checks sent by the Social Security Administration, Department of Veterans Affairs, Railroad Retirement Board and Office of Personnel Management.
Washington Post Staff Writer
Monday, April 19, 2010
Most Social Security and other federal benefits payments will be made by direct deposit by 2013, the Treasury Department is set to announce Monday. The decision will eliminate about 136 million paper checks sent by the Social Security Administration, Department of Veterans Affairs, Railroad Retirement Board and Office of Personnel Management.
They already do a lot of direct deposit on Social Security checks and IRS has had the option to have tax refunds direct deposited for a few years now.
I have direct deposit at work and I really like it because I don't have to worry about making trips to the bank -- so long as they don't forget to deposit the check, I'm good with it -- my pay check that is, since I don't qualify for any gov benefits yet.
I have direct deposit at work and I really like it because I don't have to worry about making trips to the bank -- so long as they don't forget to deposit the check, I'm good with it -- my pay check that is, since I don't qualify for any gov benefits yet.
Louisiana Department of Revenue has been using this method for Unemployment Benefits for a while. When a person files a claim, a checking account is set up and a debit card is mailed to you. This is convenient, fast, and saves the state money.
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