Reported about 16 hours ago
Starting September 30, the Social Security Administration will cease issuing paper checks, mandating that approximately 520,000 beneficiaries choose electronic payment methods like direct bank deposit or prepaid debit cards. While this move is seen as a security improvement, it poses significant challenges for vulnerable seniors, particularly those without bank accounts or internet access. The agency will inform beneficiaries of the change and provide options, but experts express concerns about potential difficulties in payment transitions for the most at-risk individuals.
Source: YAHOO