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Federal Benefits Paid Electronically

July 6, 2015

In December 2010, the U.S. Department of the Treasury announced a new rule to extend the safety and convenience of electronic payments to all Americans receiving federal benefit and non-tax payments. Anyone applying for benefits on or after May 1, 2011, will receive their payments electronically, while those already receiving paper checks will need to switch to direct deposit by March 1, 2013. The Treasury Department recommends two electronic payment options for federal benefits - direct deposit to a bank or credit union account, or, for those who prefer a debit card option, to a Direct Express® Debit MasterCard® card account.

For more information concerning this change click on the following link: