The U.S. Treasury Department has implemented a new rule to phase out paper checks for federal benefit and non-tax payments by March 1, 2013, according toThe Boston Globe. This includes payments from the Social Security Administration, Office of Personnel Management, Veterans Affairs, Department of Labor and Railroad Retirement Board. Replacing the paper check system will be an electronic direct deposit system.
Many Nevada residents receive benefits from the U.S. Social Security Administration (SSA), be it retirement or disability benefits, and many will be applying for benefits this year. Nevada residents who currently receive Social Security benefits have until March 1, 2013 to change to a form of electronic payment. Those who are planning to apply for Social Security benefits on or after May 1, 2011 will receive their payments electronically automatically. Regardless of which type Social Security recipient a Nevada resident is, they have 2 electronic payment options:
- Direct deposit into a bank or credit union account; or
- Direct deposit into a debit card account.
Changing a long-time routine can be difficult and confusing. The experienced Nevada Social Security disability lawyers at Shook & Stone know how important it is to continue receiving benefits. We can help you transition to the new system smoothly and without complications. Call us today for a free consultation so that one of our knowledgeable attorneys may answer your questions and provide you with the legal guidance you need at 702-570-0000.