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IMPORTANT FACTS ABOUT YOUR SOCIAL SECURITY AND OTHER FEDERAL BENEFITS

There is a great deal of confusing and conflicting information circulating in the press concerning changes to federal benefits checks that occured on March 1, 2013.  Here are the facts:

 FACT:   

 While most Americans are now receiving their  federal benefits electronically, the  Treasury cannot force recipients to switch from paper checks.

 FACT:

 You will still receive a federal benefits check after March 1, 2013 if you have   not chosen a direct deposit or debit card option.

 FACT:

 The government’s solutions may not be right for you. You have the right to                choose the one that best meets your needs.

 FACT:

 You have many options for receiving your federal benefits where you currently  cash your checks. Ask a teller or store manager about all your options.

Your financial service center and FiSCA are working to protect your right to choose how you conduct your financial transactions so you can continue to conduct them in the manner that is best for you. 

Learn more by clicking the links below:

Worrying About Electronic Benefits Deadline? Don’t  New York Times, Jan. 10, 2013

FiSCA Criticizes Treasury on Scare Tactics to Benefits Recipients  Jan. 9, 2013 

Statement of FiSCA Chairman to House Committee on Ways and
Means, Subcommittee on Social Security, Hearing on Direct Deposit of Social Security benefits
  Sept. 12, 2012

Statement of Treasury to House Committee on Ways and Means,
Subcommittee on Social Security, Hearing on Direct Deposit of Social Security benefits
  Sept. 12, 2012

FiSCA members, click here to get more information and materials to use in your store.