electronic payment

Electronic Payment Deadline of March 1, 2013
8:42 am
Wed March 7, 2012

Electronic Payment to be Required for Social Security Benefits

Officials with the U-S  Treasury Department are trying to alert people who receive paper checks for Social Security benefits that they must switch to electronic payment by March first of 2013. Walt Henderson, the Director of the E-F-T Strategy Division of the U-S Treasury's Financial Management Service, says about fifteen percent of the recipients in Kentucky still receive paper checks and will need to make the change.