Social Security backs away from plan to eliminate paper checks (1 Viewer)

  • Thread starterPolitics - CBSNews.com
  • Start date

Users who are viewing this thread

    Politics - CBSNews.com

    Guest
    Offline
    cbsn-fusion-social-security-on-track-deplete-trust-funds-2034-thumbnail.jpg


    The Social Security Administration said it will continue issuing paper checks to the retirement program's beneficiaries, backing away from a previously announced plan to switch all payments to electronic deposits after Sept. 30.

    On Wednesday, the Social Security Administration told CBS MoneyWatch it would continue issuing paper checks for beneficiaries who have no other means of receiving payments. But the program will also emphasize the advantages of electronic transfers to its roughly 70 million beneficiaries in an effort to encourage check...

    Continue reading...
     

    Create an account or login to comment

    You must be a member in order to leave a comment

    Create account

    Create an account on our community. It's easy!

    Log in

    Already have an account? Log in here.

    Back
    Top Bottom