Social Security's paperless switch rubs seniors wrong wayQuicklink submitted by Sheila Samples Permalink
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|Ready or not, millions of America's seniors are being pushed into the age of digital banking. Starting March 1, in a cost-cutting move by the U.S. Treasury, most Social Security checks will no longer arrive by mail. Like IRS forms and U.S. savings bonds before them, it's bye-bye paper. That means some 5 million Americans who still get a Social Security, disability or other federal benefit check in their mailbox must switch to electronic payments: either direct deposit into their bank account or onto a Treasury-issued debit card. For those unaccustomed to ATMs or online banking, the prospect is a bit unnerving.|
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