The Brief
The Treasury Department will no longer issue paper checks for most federal benefit payments starting at the end of September.
The government made the announcement Thursday in a news release.
Why is the Treasury Department phasing out paper checks?
What they're saying:
"Reducing paper checks has been a longstanding bipartisan goal that our administration is finally putting into action … This will help reduce fraud and theft. It will also remove delays that prevent hardworking Americans from receiving their vital payments," Treasury Secretary Scott Bessent said in a statement.
Young Americans could lose $110,000 in career earnings to keep Social Security afloat
Timeline:
Paper checks will end on Sept. 30, 2025.
What you can do:
If you already receive federal benefit payme