Did you know last year alone $56 million worth of Social Security checks were fraudulently endorsed? If you are one of the millions of Americans to receive Social Security by paper check each month, the U.S. Department of the Treasury is urging you to switch to direct deposit.
Direct deposit is the best way to get your Social Security and other federal benefit payments.
Direct deposit offers:
• One less thing to worry about because it is the safest way for you to receive your money and can help protect against identity theft and fraud
• An easier and more convenient way to access your money
• More control over your money and your time because it is predictable and dependable, on time every time
Also, with direct deposit, your benefit payments go straight into your checking or savings account. Your money is always there on payment day as soon as the bank opens, allowing you to control your money instead of your money controlling you. Four out of five people already get their federal benefits by direct deposit. In fact, no direct deposit has ever been lost or stolen. Your money and personal information are more secure. And, direct deposit also saves millions of dollars each year in printing and postage. Sign up now for direct deposit of your Social Security, SSI or VA Compensation and Pension payment - it's easy! By telephone call the toll-free Go Direct helpline at 800-333-1795. Visit www.GoDirect.org to sign up on-line. In person visit your bank, credit union, or local Social Security office.
Sponsored by the U.S. Department of the Treasury and the Federal Reserve Banks, GoDirect is a national campaign to motivate people who receive federal benefit checks to use direct deposit. For further information or assistance with GoDirect, contact the Clinton County Office for the Aging.
The Senior Connection is a column provided by the Clinton County Office for the Aging. For more information about services for senior citizens, contact their office at 135 Margaret St., Suite 105, Plattsburgh or call them at 565-4620. Information is also periodically provided by the Behavioral Health Services North Caregiver Resource Center. They may be reached at 565-4543 or 565-4625.