Federal law mandates that all Federal benefit payments – including Social Security and Supplemental Security Income benefits – must be made electronically. There are two ways you can receive your benefits: Into an existing bank account via Direct Deposit or. Onto a Direct Express® Debit Mastercard®

Why did Social Security checks start being direct deposited?

In 1993, to change customer preference for a check, SSA began to market direct deposit and streamlined the enrollment process.

When do I receive my social security check?

Your money is in your account ready to use when business opens the day you receive your check. If you are applying for Social Security or Supplemental Security Income benefits, you must elect to receive your benefit payment electronically when you enroll.

Where do I go to change my SSA direct deposit?

To learn more about how to easily switch from a paper check to an electronic payment option, visit Treasury’s Go Direct website or call the Treasury’s Electronic Payment Solution Center at 1-800-333-1795. You can also create a my Social Security account and start or change Direct Deposit online.

Where do I deposit my social security check?

Federal law mandates that all Federal benefit payments – including Social Security and Supplemental Security Income benefits – must be made electronically. There are two ways you can receive your benefits: Into an existing bank account via Direct Deposit or Onto a Direct Express® Debit Mastercard®

How many social security checks are written each year?

There were 5.7 billion fewer checks written in 2009 than in 2006, a decline of 6.1 percent per year – while electronic payments grew 9.3 percent during that same period. Among federal benefit recipients, about eight in 10 receive their Social Security check or other federal benefit payment electronically, according to the Treasury Department.