Opting to use direct deposit instead of requesting a paper check has advantages such as convenience, security and reliability. It’s also popular. Almost 93% of Americans receive their paychecks by ...

Many U.S. employers offer direct deposit to their employees. This tends to be rather useful as it can limit the need for paper checks while allowing people more immediate access to their funds. But ...

NPR's Ayesha Rascoe speaks to Kathleen Romig from the Center on Budget and Policy Priorities about the end of physical Social Security checks.

The U.S. Department of the Treasury announced that starting Sept. 30, most federal benefit payments will no longer be issued ...

The Social Security Administration will transition to entirely digital payments by September 30, 2025. Recipients currently receiving paper checks must set up direct deposit with a bank account. The ...

Read Next: How Much Money Is Needed To Be Considered Middle Class in Your State? With direct deposit, it’s possible to get paid earlier than if you were to get a paper check. Here’s how it works, and ...

Direct depositing your paycheck can help you build wealth faster — in more ways than you realize. Find Out: How Can You ...