According to the IRS, the change is designed to protect taxpayers, speed up refunds and cut costs. “Most individual taxpayers ...

High-yield savings accounts are still paying up to 5.00% APY today -- but rates this high likely won't be available much ...

Millions of people still prefer a paper check for federal income tax refunds. But President Trump signed an executive order ...

In keeping with the new federal mandate against paper checks, the U.S. tax agency announced that as of Sept. 30, it will no ...

The Internal Revenue Service is no longer issuing paper tax refunds after September, according to a news release published by the department. On Sept. 23, the agency said it will transition to fully ...

According to a Tuesday IRS release, paper checks will be "phased out" starting Sept. 30 "to the extent permitted by law." ...

Federal benefit recipients will soon be required to choose between Direct Deposit and the Direct Express debit card as ...

CDs today are offering up to 4.45% APY. With the Fed's recent rate cut, it's a smart move to lock in strong returns before ...

The executive order, titled “Modernizing Payments To and From America’s Bank Account,” requires all federal agencies to phase out paper checks and money orders “to the extent permitted by law.” This ...

One important note is that the elimination of paper checks does not impact filing your taxes or receiving Social Security benefits in any way.

The Social Security Administration (SSA) will stop issuing paper checks at the end of this month. The change will impact ...