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Celebrate direct deposit




May is National Direct Deposit Month, and Social Security would like to celebrate by encouraging all beneficiaries to get their payments the quick, convenient and safe way – by direct deposit.

To some people, direct deposit seems like a new way of doing things. But did you know direct deposit has been in use for more than 25 years, and it has a proven track record of success? That’s because it is so fast and convenient. Direct deposit eliminates the need to take a paper check to the bank. It also gets the funds into your bank account faster.

Millions of taxpayers use direct deposit so they can get their income tax returns faster. Even more get their benefit checks and paychecks by direct deposit. Earlier this year, the first baby boomer to receive Social Security benefits, Kathy Casey- Kirschling, chose to receive her payment by direct deposit too.

Are you on the fence about direct deposit? Consider this.

According to the National Automated Clearing House Association, once a direct deposit account is established, a payment can never be lost. Direct deposit gives you peace of mind. No matter where you are, your payment is in the bank. There’s no worry about stolen, lost or misdirected payments.

Direct deposit is, hands down, the safest, quickest and most convenient way for people to receive their payments.

If you don’t already have direct deposit for your Social Security or Supplemental Security Income (SSI) benefits, it’s easy to sign up. For more information about direct deposit of Social Security benefits, go to www.socialsecurity.gov/deposit or visit www.Godirect.org. You can also call 1-800-772-1213 (TTY 1-800-325-0778).


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