The Trump administration will soon stop sending out paper checks for Social Security beneficiaries, as part of an effort to fully modernize federal benefits payments. That means a little over half a ...

After 85 years of sending out paper checks to retirees, the Social Security Administration (SSA) is transitioning to electronic payments in what it says is an effort to modernize its services and ...

WASHINGTON — The Social Security Administration has announced it will stop sending out physical checks to recipients, moving exclusively to electronic forms of payment. The change will happen on Sept.

Issuing a paper check costs about 50 cents, according to the Treasury Department. The cost drops down to less than 15 cents per electronic transfer. Tax law experts note that those who could struggle ...

Jordyn joined Investopedia in February 2025. She was previously a freelance writer covering lifestyle, entertainment, politics in the Midwest, and more. NoDerog / Getty Images Physical Social Security ...

Social Security is a financial lifeline for retirees, but the way you access it is shifting. As 2025 unfolds, administrative priorities are changing how millions of people interact with the program ...