This holiday season, take one simple step to safeguard your money: Switch to direct deposit for your federal benefits payments. If you receive your Social Security or other federal benefit payments by paper check in the mail, you might be at risk for theft or fraud during the holidays. In 2009, an estimated $69 million in checks issued by the Treasury Department were fraudulently endorsed. Use direct deposit instead of paper checks to safeguard your payments from these risks. Making the switch is easy through the Treasury Department’s Go Direct® campaign toll-free helpline, 1 (800) 333-1795, or website, www.GoDirect.org. If you prefer a prepaid debit card option, consider signing up for the Treasury-recommended Direct Express® Debit MasterCard® card. To learn more about fees and features, call 1 (877) 212-9991 or visit www.USDirectExpress.com.
Source: U.S. Department of the Treasury’s Financial Management Service.
The Go Direct® campaign is sponsored by the U.S. Department of the Treasury and Federal Reserve Banks. The Go Direct® and Direct Express® logos, Go Direct® and Direct Express® are registered service marks of the U.S. Department of the Treasury, Financial Management Service (used with permission). The Direct Express® Debit MasterCard® card is issued by Comerica Bank, pursuant to a license by MasterCard International Incorporated. MasterCard® and the MasterCard® Brand Mark are registered trademarks of MasterCard International Incorporated.