Direct Express Debit MasterCard

Written by David Long on January 22, 2011 – 6:55 pm

If you’re tired of having to wait for your paper benefits check in the mail, listen up! The U.S. Department of Treasury announced waiting for those paper checks are soon to be a thing of the past. The Treasury will now provide all federal benefits through a prepaid “Direct Express” Debit MasterCard. This also goes for the 8 million of you receiving Social Security Disability Insurance benefits. This scheme is projected to save Saving Social Security, and ultimately the taxpayer, $1 billion over the next decade with the absence of paper costs. You can also choose a direct deposit option to your checking account. Either way you go, you don’t have to choose until March 1, 2013.

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