Issuing a paper check costs about 50 cents, according to the Treasury Department. The cost drops down to less than 15 cents per electronic transfer. Tax law experts note that those who could struggle ...

After 85 years of sending out paper checks to retirees, the Social Security Administration (SSA) is transitioning to electronic payments in what it says is an effort to modernize its services and ...

Social Security checks are going paperless starting Tuesday, Sept. 30. Because of an executive order issued in March 2025, federal benefit payments will primarily be issued electronically, with paper ...

What do increased fraud, high costs, and operational inefficiencies all have in common? Paper checks, or at least, those were the reasons cited when President Donald Trump issued an executive order ...