The SSA is transitioning to stronger identity verification procedures for both new benefit claims and direct deposit changes.
Learn what the FDIC is, how it protects your bank deposits, and why it's important for U.S. banks. We also cover what you ...
Social Security will no longer process bank account changes via phone ... with someone calling SSA to change direct deposit bank information. SSA’s current protocol of simply asking identifying ...
your employer notifies your bank of an incoming deposit before it clears your account. Some banks and credit unions use this information to deposit the funds into your account up to two days ...
Social Security will no longer let people change bank information by phone, alleging the practice is behind direct deposit fraud.
Changes are coming from the Social Security Administration surrounding direct deposit for many recipients or applicants.