Social Security Changes Coming Soon

By: Bonney Bowman Email
By: Bonney Bowman Email

Questions about the up-coming changes?

Call Aging Partners at 402-441-7070

or the Social Security Hotline at 1-800-772-1213

If you get social security or VA benefits, changes in the way you get your money will be coming soon.

Five million Americans will be affected.

Aging Partners financial expert Houston Doan says many seniors still receive a check in the mail and come March 1st, that will end.

Doan says, "Many of our older citizens have always gotten a paper check and they're kind of reluctant to make a change."

Recipients will have two choices: either direct deposit into a bank account or a Direct Express card, which is like a pre-loaded debit card.

Doan says there are benefits to going paperless.

He says, "It's easier, it's safer, the check isn't getting lost in the mail or stolen."

For the last 20 years, Freda Holman has been a big fan of her direct deposit disability payments.

Holman says, "I can count on a certain day, my money is going to be there at 7:30 in the morning and it's all available for me for whatever I want to do."

Experts say one of the biggest concerns with the coming changes is seniors not having internet access to manage their money.

But here at Aging Partners, there's a computer lab where seniors can log on and access their accounts.

Doan says the change will happen March 1st, so anyone affected shouldn't wait to update their account.

If you have questions about the up-coming changes, you can either call Aging Partners at 402-441-7070, or the Social Security Hotline at 1-800-772-1213.

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