Federal law mandates that all Federal benefit payments – including Social Security and Supplemental Security Income benefits – must be made electronically. There are two ways you can receive your benefits: Into an existing bank account via Direct Deposit or. Onto a Direct Express® Debit Mastercard®

When did Social Security become direct deposit?

1975
In 1975, the Treasury Department and SSA introduced the direct deposit program for the payment of benefits.

How much of Social Security is direct deposit?

99.1
Social Security Administration Beneficiaries Social Security Direct Deposit and Check Statistics

How can I sign up for direct deposit for my social security?

Calling Social Security at 1-800-772-1213 (TTY 1-800-325-0778). If you currently do not get Social Security or SSI benefits, but plan to apply, sign up for direct deposit when you apply for benefits. Have your checkbook or a copy of your bank statement with you.

Do you have to have a bank account to get direct deposit?

Already receiving benefits. If you already receive Social Security or SSI benefits and you have a bank account, you can sign up for Direct Deposit by: starting or changing Direct Deposit online (Social Security benefits only), or.

Do you need a bank account to deposit Social Security benefits?

Consider the Direct Express® debit card as another viable option. The Direct Express® card is a debit card you can use to access your benefits. And you don’t need a bank account. With the Direct Express® card program, we deposit your federal benefit payment directly into your card account.

When did direct deposit for Social Security go into effect?

Social Security Direct Deposit. If you apply for Social Security or Supplemental Security Income benefits, a new law went into effect March 1, 2013, requiring that you receive your payments electronically.