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All-Electronic Social Security Payments

On March 1, 2013, all people who receive federal benefits, including Social Security, must get their monthly payments via direct deposit into a bank or credit union account.

Switching to electronic payments will save taxpayers $1 billion over 10 years.

For more information check out:

http://www.senior.com/money/countdown-to-all-electronic-social-security-payments-begin/

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