Social Security Benefit Changes You May Want to Know About
For 2013, the Social Security Administration has changed a few things.
DailyFinance.com reports new rules have been implemented by the Social Security Administration for 2013. Here are highlights of some of those changes. Paper checks will stop March 1 The Treasury department will stop mailing paper checks to Social Security recipients. Beneficiaries will be required to choose to have Social Security payments either directly deposited into a bank or credit union account or loaded onto a prepaid Direct Express Debit MasterCard. Higher payments Social Security beneficiaries began receiving payments that were 1.7 percent larger in January as a result of a cost-of-living adjustment. Added online services as offices are reducing hours Retirees now have the ability to access a benefit verification letter and …
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