U.S. Department of the Treasury
March 1, 2013 A critical date for the payments industry.
The U.S. Department of the Treasury is phasing out paper checks and requiring federal benefit recipients to get their money electronically by March 1, 2013. Recipients will have two choices. They can choose to get their federal payment by Direct Deposit via ACH to a bank or credit union account or they can opt for a Direct Express® Debit MasterCard® card account.
March 1, 2013 may seem like a long way off but it's not when you consider the large impact this initiative will have on every U.S. citizen who receives social security payments and other federal benefit payments. You can start planning now by visiting GoDirect.org. This website has all the tools and resources you need to help you make the switch safely, quickly, and easily.
Need more information? Call the GoDirect Helpline at 800-333-1795 begin_of_the_skype_highlighting FREE 800-333-1795 end_of_the_skype_highlighting, Monday through Friday, 8 a.m. – 8 p.m. eastern time. Follow Treasury on Twitter at http://twitter.com/USGoDirect
Valuable Resources & Planning Tools
GoDirect Frequently Asked Questions: http://www.godirect.org/about-faq/
GoDirect state-by-state analysis of monthly social security and supplemental social security income payments. http://www.godirect.org/media/payment-statistics/
Direct Deposit via ACH: www.electronicpayments.org
The Countdown is on! Want the GoDirect Countdown Clock Widget? Visit www.godirect.org!