Direct Deposit with Go Direct®
Simply the best way to receive Social Security and Supplemental Security Income (SSI) payments
www.GoDirect.org
www.DirectoASuCuenta.org
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Direct deposit is simply the best way to receive Social Security and Supplemental Security Income (SSI) payments. Direct deposit eliminates the risk of lost or stolen checks, reduces fraud, helps protect against identity theft and gives you more control over your money. Plus, direct deposit provides you with immediate access to your money from virtually everywhere.
Signing up for direct deposit is free, quick and easy. If you receive Social Security or Supplemental Security Income (SSI) checks, you can sign up by calling the Go Direct® helpline at 800-333-1795, visiting www.GoDirect.org, or visiting a local bank or credit union. Go Direct® is a national campaign sponsored by the U.S. Department of the Treasury and Federal Reserve Banks to encourage seniors and others to switch to direct deposit.
Why Go Direct®?
Direct deposit is simply the best way for people to get their
Social Security and SSI payments because it eliminates the risk
of stolen checks, reduces fraud and gives them more control over
their money. Plus, direct deposit allows immediate access to
funds from virtually anywhere.
A simple action like enrolling in direct deposit can offer much-needed
peace of mind to people who rely on federal benefits, most of
whom are seniors and people with disabilities.
Go Direct® Saves Taxpayers Money
In addition, direct deposit saves taxpayers money — if everyone who currently gets a federal benefit check switched to direct deposit, it would save taxpayers millions of dollars annually. The money saved as a result of Go Direct® will be used to cover the costs of future Social Security payments — a benefit to all Americans for generations to come. This is especially relevant today, given that baby boomers will start reaching retirement age in 2008.
Go Direct® Awareness Campaign
The Treasury's Financial Management Service and the Federal Reserve Banks are working with partners across the country to implement the Go Direct® campaign. Partnerships with banks, credit unions, volunteer tax preparation sites, social service agencies, community-based groups, and other organizations are vital to the campaign's success in communicating the Go Direct® message.
How to Switch to Direct Deposit of Social Security and SSI Payments
The Go Direct® campaign makes it easy for people to sign up for direct deposit.
- They can call the Go Direct® helpline at (800) 333-1795
- Visit www.GoDirect.org to sign up online
- Stop in their local financial institution or Social Security Administration office to sign up.
- Spanish translation website available at www.DirectoASuCuenta.org