Millions Of Social Security Recipients Will Receive New Debit Cards

Millions Of Social Security Recipients Will Receive New Debit Cards

Millions of Social Security recipients who use Direct Express prepaid debit cards will receive new cards as the federal government moves the program to a new banking partner. The change affects about 3.6 million beneficiaries who receive Social Security, Supplemental Security Income and certain other federal benefit payments through Direct Express cards. People who already … Read more

Social Security Administration Moves Toward Full Electronic Payments This Year

Social Security Administration Moves Toward Full Electronic Payments This Year

The Social Security Administration is preparing to complete its full transition to electronic payments by the end of 2026, bringing an end to paper checks for nearly all beneficiaries. The move marks the final stage of a modernization effort that began after Executive Order 14247, which pushed federal agencies to move benefit payments away from … Read more

Social Security Change For 3.6 Million Beneficiaries Starts This Month

Social Security Change For 3.6 Million Beneficiaries Starts This Month

A Social Security payment change is beginning this month for millions of beneficiaries who receive their monthly benefits through a prepaid debit card instead of direct deposit. Most of the country’s more than 75 million Social Security beneficiaries receive payments directly into a bank or credit union account. However, around 3.6 million people use the … Read more

Social Security Direct Express Card Change To Affect 3.6 Million Beneficiaries

Social Security Direct Express Card Change To Affect 3.6 Million Beneficiaries

Social Security is making an important payment card change that will affect around 3.6 million beneficiaries who receive their monthly benefits through the Direct Express program. The update comes as the Social Security Administration changes the financial provider behind the prepaid debit card service. The program is moving from Comerica Bank to Fifth Third Bank, … Read more