The Social Security Administration (SSA) will no longer issue paper checks for benefit payments beginning Sept. 30, 2025. "This change is part of a broader government-wide initiative to modernize ...

Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Somer G. Anderson is CPA, doctor of accounting, and an accounting and finance professor who ...

The era of paper tax refund checks is ending. The IRS is moving to an all-electronic system. Learn why direct deposit is now ...

We knew that it was coming—the IRS has officially announced that paper tax refund checks for individual taxpayers will be phased out beginning on September 30, 2025. This, the agency says, is the ...

As mobile banking has taken off, many people never visit a bank, and online banks with no physical branches have opened their virtual doors. One of the most convenient developments in mobile banking ...

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 ...

If you’re spending too much time traveling to and from your bank — not to mention the time spent parking and waiting in line to make your business’s deposits — you’re wasting more than time. You’re ...