Electronic Payments
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The U.S. Department of the Treasury now requires all federal benefit and nontax payments to be paid electronically. If you are applying for Social Security, Veterans benefits or other federal benefits on or after May 1, 2011, you will receive your payments electronically starting with their first payment.If you are currently receiving federal benefit checks, you will need to switch to an electronic payment option by March 1, 2013.
- Have a bank or credit union account? Sign up for direct deposit. Your money goes straight into your checking or savings account each month, so you can count on it being there on time, every time. It’s easy. Visit your local financial institution, sign up online at www.GoDirect.org, or call the U.S. Treasury Processing Center at (800) 333-1795.
- Prefer a prepaid debit card? The Direct Express® cardis a Treasury-recommended prepaid debit card that provides another safe, low-cost way to get your federal benefit payments. Your money will be posted to your FDIC-insured Direct Express® card account each month, so you can access your money immediately on payment day. There are no sign-up fees, monthly fees or overdraft charges. Some fees for optional services may apply. No bank account or credit check is required.
For more information, visit www.GoDirect.org.