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Changes to how Social Security, VA benefits are paid start this week: What to know
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Classic Hits 103.9 (WVBO-FM)
The order impacts “all Federal disbursements inclusive of intragovernmental payments, benefits payments, vendor payments, and tax refunds.” That includes any benefits sent out by the Social Security Administration and the Department of Veterans Affairs.
Paper payments are officially set to end on Tuesday.
The latter can provide your direct deposit information to Social Security on your behalf.
You may still be able to receive paper payments if you do not have access to banking services or online payment systems.
Data from the Social Security Administration shows that less than one percent of beneficiaries already receive payments via direct deposit.