President Donald Trump signed an executive order in March ending the issuance of paper checks for Social Security payments. The deadline for compliance was Sept. 30. The first wave of direct deposit ...
The move to digital payments addresses several issues. Paper checks incur unnecessary costs, delays, and fraud risks. Mail theft has surged since the COVID-19 pandemic, and checks are 16 times more ...
Social Security recently reached an important milestone: In May 2025, average benefits climbed to over $2,000 per month for the first time. That means the typical senior can expect around $24,000 in ...
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