Seniors
Social Security: Put signing up for Direct Deposit at the top of ‘to do’ list
TERRE HAUTE — Hurricane season is here for many parts of the country. In other areas of the nation, it’s wildfire season, while in the Midwest, the threat of severe weather, tornados and floods exist throughout most of the year. As you prepare for the threat of a natural disaster in your community, put signing up for Direct Deposit at the top of your “to do” list. Doing so can eliminate the delay or non-delivery of your monthly payment if a disaster forces you from your home.
For years, Direct Deposit has been the safest, fastest and easiest way for people to receive their payments — and it still is the best way to get benefit payments for people who have a bank account. Here’s why.
Direct Deposit is safe. Your money is deposited directly into your account at your bank or other financial institution. Because it’s transferred electronically, there’s never a risk of your check being lost or stolen.
Direct Deposit is quick. You’ll get your payment faster when it’s deposited directly into your bank account. Your money is immediately available to you once it’s deposited.
Direct Deposit is convenient. No more standing in line at the bank to cash your check, or leaving your house when the weather is bad. It’s nice to know your payment is safely in your bank account instead of the mailbox when you’re out of town or, worse, displaced from your home by a disaster.
For those who don’t have a bank account, there’s Direct Express. With Direct Express, we automatically deposit benefit payments to a person’s Direct Express card account. The card can be used to make purchases, pay bills or get cash at thousands of locations, and most services are free. To learn more or to sign up for Direct Express, visit www.fms.treas.gov/directexpresscard.
To learn more about Direct Deposit of your benefit payments, and to sign up, visit www.socialsecurity.gov/deposit. You also can call us at 1-800-772-1213 (TTY 1-800-325-0778).
To learn more information about Direct Express, visit www.fms.treas.gov/directexpresscard.
In the unfortunate event that you are displaced by a natural disaster, your benefits do not have to be. Your payments will be safe and secure, and arrive on time to your account with Direct Deposit or Direct Express.
- Seniors
-
-
SOCIAL SECURITY: SS shares March reminders
Time goes by so quickly, it can be easy to forget important deadlines and even easier to let critical items fall to the nether regions of your to-do list. Whether you get to everything or not, time marches on — so we’d like to share some March reminders with you.
-
SOCIAL SECURITY: SS launches Open Government page
In support of President Barack Obama’s Transparency and Open Government initiative, Social Security has launched a new Open Government Web page.
-
Social Security: Been thinking about Medicare Part B?
If you are covered under Medicare Part A but originally opted not to apply for Medicare Part B, now’s your opportunity to enroll in Part B. The general enrollment period runs from Jan. 1 through March 31.
-
Social Security showcases history in 75th year
What you may not have realized when you rang in 2010 was that you also were ringing in the 75th anniversary of Social Security.
-
Social Security: To tax or not tax: A SS question
When it comes to Social Security benefits, you may be wondering who must pay taxes on them and who does not. Let’s look at the numbers
-
Social Security: Apply for benefits together online
Valentine’s Day is just around the corner. We at Social Security have a romantic story we’d like to share with older couples out there who are thinking about applying for retirement benefits.
-
Lower income might mean lower Medicare Part B premium
If you have Medicare coverage and you pay a higher Part B premium due to your higher income, here’s some news that may be comforting during these troubling economic times.
-
A New Year’s resolution to keep: Apply for Social Security online
Many Americans begin each new year with a list of resolutions and goals. You may want to go on a diet, shed a little weight, do a bit more exercising, or clean out the long-neglected attic. The trouble is these well-intended goals often melt away long before winter’s snow does.
- Senior menu: Jan. 25-29, 2010
-
Social Security: Basic facts on survivors insurance
At the start of a new year, many folks like to take stock of their situation in life — work, health, finances, etc. But most of us avoid doing much thinking about death, or what it might mean for surviving loved ones.
- More Seniors Headlines
-
SOCIAL SECURITY: SS shares March reminders
