Effective May 1, Social Security and Railroad Retirement checks for new recipients no longer will be mailed. Instead, all benefits payments — retirement, survivor and disability — will go electronically to the recipients’ bank accounts via electronic direct deposit. Those already receiving Social Security and Railroad Retirement benefits via check through the postal service will [...]
Proposal mandates electronic RRB checks
July 13, 2010
Paper checks may be a thing of the past for U.S. Railroad Retirement Board (RRB) beneficiaries who still receive them, under a recent initiative announced by the Department of the Treasury, according to the Railroad Retirement Board. One part of the Treasury initiative would eliminate the vast majority of paper checks for federal benefit payments [...]
