Monday, June 9

No More Social Security Checks

That could be coming in the near future as the U.S. Treasury Dept. has announced plans for a debit card system. Social Security benefits would be loaded directly onto the electronic debit card. Treasury officials mail out approx. 10.5 million checks each month and say this could save the federal government up to $42 million a year.Those without bank accounts will be able to go to any bank, retail outlet or automatic teller that excepts master card. Information on this new system will start being sent out now until October. You can also go to http://www.usdirectexpress.com/

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