Social Security Stopping Paper Checks
Change is never easy, especially after 76 years. Social Security has been sending monthly checks to recipients since 1937, and now those paper checks are no more.
"It's reliable... the money is just there for them when it's supposed to be there," said Kelli Ellsworth-Etchison of LACFU.
The treasury department has been offering a direct deposit option for years, but now it is mandatory. Many seniors say they worry less when their payment goes directly into their account. And that's exactly what the government wants... less identity theft and less stress.
"I haven't given it much thought, but that's the way it is and I fully believe that's the way it should be. It's easier that way," said Bruce Greenman, a Social Security recipient.
But as with any change, there are people holding out.
"About ninety percent of our population has make the switch, so we're talking about 10 percent," said Ellsworth-Etchison
Will those who haven't signed up still receive their cash?
"What happens is they'll still get their money. They'll get it in a debit card format."
Those who don't belong to a bank will get their payments the same way, as a debit card. Seniors born before May 1, 1921 are the only people exempt from the change. They can still receive a paper check if they choose to.