I'd like to share an important message on behalf of Go Direct®, a campaign of the U.S. Department of the Treasury and the Federal Reserve Bank from guest blogger Michelle Kloempken, campaign manager for Go Direct®.
Source: U.S. Department of the Treasury, Financial Management Service
With electronic payments, you can count on your money despite severe weather.
If you get federal benefit payments by paper checks, you should know that you are required by the U.S. Department of the Treasury to switch to an electronic payment method. By getting your money electronically, you will help save taxpayers millions of dollars each year. You must make the switch by March 1, 2013, but you don’t have to wait for the deadline. The winter months are the perfect time to switch and take advantage of the reliability and ease of electronic payments.
Ice, snow, and subzero temperatures can leave you trapped in your home and temporarily interrupt important services like mail delivery. If you rely on paper checks for your federal benefit payments, a winter storm can leave you without access to your money at a time when you need it most.
With electronic payments, your money won’t be slowed down by winter weather and you won’t need to leave your home to cash or deposit a check. To switch to direct deposit or the Direct Express® card, contact your federal benefit agency office, visit the Treasury Department’s Go Direct® campaign website, or call the U.S. Treasury Electronic Payment Solution Center at (800) 333-1795. For direct deposit to a checking or savings account, you can also make the switch at your local bank or credit union.
Also, see this blog post on the topic from Rosie Rios, Treasurer of the United States.