Gov’t benefits get digitized
This final note today, from the Marketplace Desk of, well, I guess you gotta draw the line somewhere. The Treasury Department issued new rules today on government benefit payments. As of March 1st, 2013, all those payments — things like Social Security and veterans’ benefits — will be paperless. Direct Deposit or debit card only.
Treasury says it’ll save a billion dollars a year on printing and postage. There are some exceptions — one of which is for people over 90 and might not get the new technology. They can keep getting plain old checks. But people who’re 88, 89? Gotta adapt.
Marketplace is on a mission.
We believe Main Street matters as much as Wall Street, economic news is made relevant and real through human stories, and a touch of humor helps enliven topics you might typically find…well, dull.
Through the signature style that only Marketplace can deliver, we’re on a mission to raise the economic intelligence of the country—but we don’t do it alone. We count on listeners and readers like you to keep this public service free and accessible to all. Will you become a partner in our mission today?