What types of payments can be made with direct deposit?
Direct deposit can be used for any ongoing, regularly-scheduled payment, including salary payments from your employer and benefit checks from the federal government (Social Security, Supplemental Security Income, Civil Service, Railroad Retirement, and Veterans payments). Other payments include benefits issued by state governments (retirement and unemployment payments), pension payments, and income from your investments (certificates of deposit, annuities, and mutual funds). Some organizations are also using direct deposit to deliver occasional payments, such as tax refunds, business travel advances, and tuition reimbursements.
