Social Security, IRS Payment Changes Coming Tuesday: 4 Things to Know

Both the Internal Revenue Service (IRS) and the Social Security Administration (SSA) are ending the issuance of paper checks on Sept. 30 under a change initiated by the Trump administration to move toward digital payments. Fewer than 1 percent of all Social Security beneficiaries receive paper checks, the SSA has said. Meanwhile, the IRS said that only 7 percent of people who received individual refunds got them through the mail. The vast majority, or 93 percent, received a direct deposit. SSA Says It Has Reached Out The Social Security Administration (SSA) said that it contacted recipients who receive paper checks, advising them to switch to electronic payment options before the Tuesday deadline....