Your Social Security Checks are coming to an END!

That's right . . . If you are presently receiving a Social Security check in the mail every month, you're in for a change.


By March 2013 the U. S. Government will have phased out all directly mailed Social Security checks in favor of the electronically transferred funds.

All new enrollees, starting in March 2011, will have to opt into one of two mandated electronically transferred programs. If you have an account, you can transfer funds into it. That is the way most have done it and most will do it. But, if you have no account and don't want one, then you will have a debit/credit style card into which your Social Security benefits will be transferred.


The reason for all this is COST. It costs about $1.00 to cut and mail in an envelope a paper check. Electronic transfer costs less than a dime. That's a 90% savings on each check and the government can save up to $300,000,000 in the first five years after this goes into effect. The government presently issues 135,000,000 benefit check every year. I believe that V. A. benefits and all other government benefits including you income tax refund and disability benefits will be handled this way, but the most prevalent is the Social Security checks.


If you would like to get ahead of the crowd and start your electronic transfer now, either go to your nearest Social Security office or call 800-772-1213. If you have questions, call 877-212-9991. This can also be handled online at www.ssa.gov/deposit.

Remember, soon you will not have a choice on whether you get a check or it's electronically deposited. May as well do it now.