Smart Ways To Prepare Your Finances for Digital Social Security Payments
Written by
Emily Fowler
Edited by
Zuri Anderson
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The Social Security Administration (SSA) recently reversed its plan to completely end paper checks by Sept. 30, 2025, after public backlash over seniors and other vulnerable people potentially being left behind.
While electronic deposits will be the norm, the SSA has said that paper checks will still be available for those who can’t accept payment any other way. Even though it gives check recipients some relief, electronic payments are becoming the standard everywhere, making it smart to plan ahead.
GOBankingRates spoke to two experts for tips on making sure benefits arrive securely and on time for those moving to electronic payments.
Get Clear on Why Digital Works
Fewer than 1% of beneficiaries still receive checks, often not wanting to change out of habit, but it’s worth learning the advantages of switching to electronic payments.
As well as the environmental benefits of going digital, it can help prevent against theft and check fraud, which are major risks. According to Eric Steffy, founder of Federal Solutions Support, digital payments are now considered an average of 80 times safer than checks.
“Think about how much information you’re sharing every time you use a paper check,” he said.
Set Up a Safe Banking Option
Opening a bank or credit union account for digital Social Security payments makes payments easier to track and more secure.
“While change can be scary, family members can help assist seniors having a hard time letting go with deposits,” said Steve Azoury of Azoury Financial.
For example, setting up a joint account with a loved one can help people feel more comfortable, particularly as it gives a second set of eyes to monitor payments and check everything is OK. Azoury also recommended setting up automatic bill payments from the same account to help avoid missed bills or late fees, something that’s increasingly useful with age.
Protect Against Fraud
Fraudsters are adapting quickly to new payment systems. If a call or letter claims a Social Security payment was “stolen” or “hacked,” Steffy advised to hang up or verify the letter at a bank.
“If someone tells you that you need to provide them with information right now, that’s a clue something is not right,” he said.
It’s important never to share personal details unless speaking directly with verified SSA or bank representatives.
Moving Forward With Confidence
Some seniors and vulnerable people can be resistant to change, but embracing digital deposits now helps prevent delays, protect against fraud and stay in control. Even if paper checks have been the norm for years, learning to navigate the electronic system gives more independence and confidence while keeping benefits secure.
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