All Paper Checks from Social Security to End March 1By Kenton Koszdin Law Office on January 22, 2013 | In Social Security Disability
New recipients of Social Security disability (SSD), Supplemental Security Income (SSI), and Social Security retirement benefits are already used to the requirement that the benefits be deposited electronically into a checking account or onto a debit card. Starting March 1, 2013, however, the Social Security Administration (SSA) will stop sending paper checks to any benefits recipients, requiring them to use the electronic method only. For more information about the electronic payment options, visit: http://www.ssa.gov/deposit/DDFAQ898.htm.
The SSA states that the change is largely a cost-saving measure; the agency expects to save about $1 billion over the next ten years in the costs of printing, cutting, and mailing paper checks. The agency also touts the increased security of electronic deposits, noting that in the rare instances of fraud, funds are usually restored quickly and easily. Overall, fraud in electronic benefits has been much lower than when paper checks were used, according to the SSA.
About 93 percent of all Social Security benefits recipients currently receive their benefits electronically, according to the SSA. About 399,000 California residents still get a benefits check by paper mail. Those who receive their benefits electronically have the benefits deposited automatically in personal checking or savings accounts or use debit cards specially designed for the purpose.
If you’ve suffered a disability and are considering applying for benefits, don’t wait: contact the experienced southern California Social Security disability benefits attorneys at the Kenton Koszdin Law Office today. We can help you with every step of the process, from gathering the information to complete your application to building you a strong case on appeal. Call us today at (800) 438-7734 for a free consultation.