Changes coming to monthly Social Security checks

Posted on: 4:02 pm, January 9, 2013, by

social security

WASHINGTON, D.C.—If you receive a Social Security check each month, you will notice a few changes in the future.

The government is phasing out paper checks in an effort to cut costs.

Currently, 5 million checks are mailed out each month.

Printing and mailing those checks costs the U.S. Treasury Department a little over $4 million.

Everyone who receives a check is being asked to switch to direct deposit by March 1.