Here’s Why Your Social Security Check Could Be Significantly Less than Normal in August
UNITED STATES, AUG 5 – The Social Security Administration will save taxpayers up to $120 million annually by ending paper checks for 550,000 beneficiaries and requiring electronic payment enrollment.
7 Articles
7 Articles
The government is catching up with the growing US economy, where paper currency is increasingly rare in public.
First round of August Social Security payments issues in seven days - Washington Examiner
The new Social Security payments for retirees aged 70 and above, now capped at $5,108, go out next week. When will checks arrive? Social Security payments are scheduled to begin on the second Wednesday of every month, and continue in waves on a weekly basis. The payment date is determined by the day of the month a retiree was born. Retirees born between the 1st and 10th of a month will receive the first round of payments on Aug. 13. The second …
Social Security Checks to Go Fully Digital by September 30 as Paper Phase-Out Nears
The Social Security Administration (SSA) will stop mailing paper-based social security checks after September 30 and finish a transition that now covers ninety-nine percent of monthly benefit payments. The agency says the move will save taxpayers up to $120 million per year, reduce check-fraud losses, and speed delivery times for retirees, survivors, and disability recipients. Why the SSA Is Ending Paper-based Social Security Checks The change a…
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