Issuing a paper check costs about 50 cents, according to the Treasury Department. The cost drops down to less than 15 cents per electronic transfer. Tax law experts note that those who could struggle ...

The Social Security Administration will stop issuing paper checks after September 30, affecting approximately 500,000 beneficiaries who still receive them. Paper checks are 16 times more likely to be ...

After 85 years of sending out paper checks to retirees, the Social Security Administration (SSA) is transitioning to electronic payments in what it says is an effort to modernize its services and ...