How you receive your Social Security, VA benefits may change in fall: What to know
Share this @internewscast.com

(NEXSTAR) — There have been various updates to government benefit payments this year, which have included both increased payouts for some beneficiaries and the retrieval of certain overpayments for others. In approximately two months, a further adjustment is anticipated — this one concerning the method by which beneficiaries receive their payments.

Earlier in March, President Donald Trump enacted an executive order aimed at modernizing the process of handling “payments to and from America’s bank account.” The order highlighted that transactions via paper checks and money orders from the nation’s general fund are “16 times more prone to being reported lost, stolen, returned as undeliverable, or altered” in comparison to electronically distributed funds.

In an effort to curb these issues and boost “operational efficiency,” Trump’s order stipulates that, with limited exceptions, federal funds should be transmitted electronically.

The order impacts “all Federal disbursements inclusive of intragovernmental payments, benefits payments, vendor payments, and tax refunds.” That includes any benefits sent out by the Social Security Administration and the Department of Veterans Affairs. 

Under Trump’s order, acceptable digital payment methods include direct deposit, prepaid cards, digital wallets, real-time payment systems, and “other modern electronic payment options.”

Paper payments are set to end on September 30, with a few exceptions. 

If you are without access to banking services or electronic payment systems, you may still be able to receive a non-electronic payment. Other exceptions outlined in Trump’s order include “emergency payments where electronic disbursement would cause undue hardship,” transactions in which non-electronic payments are “necessary or desirable,” and other situations as determined by the Treasury Secretary. 

The Social Security Administration and the Department of Veterans Affairs did not immediately respond to Nexstar’s request for additional information. Data from the former shows more than 99 percent of beneficiaries already receive payments via direct deposit.

If you don’t already receive benefit payments electronically, you’ll need to log into your account to update your Social Security direct deposit details, speak with a representative, or contact your bank. The latter can provide your direct deposit information to Social Security on your behalf. You can also update your payment details for VA benefits online or over the phone.

It’s also worth noting that the order calls for “the payment of Federal receipts” to be made electronically as well. That means if you owe federal taxes, you may not be able to send it in as a check or an envelope of cash and coins. The same could be said for federal student loan payments.

Share this @internewscast.com
You May Also Like

Trump’s MAGA Supporters Rebel Over Epstein Document Release

TAMPA, Fla. — While President Donald Trump chose this weekend to engage…

Most Americans Oppose Trump’s Immigration Policies, Survey Reveals

() Americans’ views on immigration have shifted in a positive direction, reversing…

California Farmworker Injured in Greenhouse Fall During Intense ICE Raid Passes Away

SAN FRANCISCO – A tragic incident unfolded this week when a farmworker…

Hiker Passes Away in Las Vegas After Canceling Plan to Reach the Bottom, According to NPS

LAS VEGAS (KLAS) A 67-year-old Texas man died Tuesday at the Grand…

Musk’s New Grok Chatbot Offers Answers Based on the Billionaire’s Perspectives

Elon Musk’s newest AI chatbot, Grok, is mirroring his views so closely…

Attorney Claims DOJ and FBI Are Withholding Valuable Epstein Information

() Sigrid McCawley, an attorney representing people suing Jeffrey Epstein’s former accountant…

How ‘Black Box’ Recordings Help Us Understand Aviation Accidents

NEW DELHI – An initial investigation into last month’s Air India plane…

Comprehensive List of Countries and Rates for Trump Tariffs

President Trump is alerting countries around the world of impending tariff rates…

Illinois State Police Celebrates Largest Cadet Graduation in 25 Years

SPRINGFIELD, Ill. (WCIA) — Illinois State Police celebrated the graduation of Cadet…

Georgia State University Graduate Takes Part in MLB Futures Game

ATLANTA () — A former Georgia Southern pitcher participated in the MLB…

Temporary Shutdown Announced for Alley Kat in Piney Flats

PINEY FLATS, Tenn. (WJHL) — Alley Kat, a well-loved restaurant in Piney…

Canadian Wildfire Smoke Covers Upper Midwest, Affecting Outdoor Activities

BISMARCK, N.D. – Large portions of the Upper Midwest on Saturday faced…