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The Economic Times

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Important Social Security update: New payment rule begins, with notable exceptions

New Social Security payment rule takes effect in 2026: Social Security has entered a digital-only era in 2026. Following the September 30 deadline, the SSA transitioned 69 million beneficiaries to electronic payments. This move cuts $150 million in annual costs and slashes fraud risks. While most now use Direct Deposit, 268,000 seniors still qualify for paper check exemptions via Treasury waivers.

6 Jan 2026 11:33 pm