Why is the government promoting direct deposit?
Direct deposit is safer than mailing checks. You are 30 times more likely to have a problem with your federal benefit check than with your direct deposit payment. It’s easier than checks, because people who get benefits don’t need to go to the bank or credit union to deposit a check. Their payment goes straight to their account on payment day each month, giving people more control over their money. Plus, direct deposit allows immediate access to funds from virtually anyplace, any time. It’s simple to sign up for direct deposit – it just takes a few minutes to enroll by phone or in person at a Go Direct event, bank or credit union, or a local Social Security office.
