Millions of people still prefer a paper check for federal income tax refunds. But President Trump signed an executive order to stop paper checks.
We're just getting into October, and CD rates are already starting to dip after the Fed's rate cut last month. A number of banks have lowered their yields -- and with another Fed meeting coming up on ...
In keeping with the new federal mandate against paper checks, the U.S. tax agency announced that as of Sept. 30, it will no longer issue paper refund checks. The move, the agency said, is the first ...
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 yields decline.
The IRS will phase out paper refund checks starting Sept. 30, 2025. Millions of Americans must switch to direct deposit or digital options.
According to a Tuesday IRS release, paper checks will be "phased out" starting Sept. 30 "to the extent permitted by law." ...
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 ...
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 hundreds of thousands of beneficiaries across the United States. The shift ...
The order impacts “all Federal disbursements inclusive of intragovernmental payments, benefits payments, vendor payments, and tax refunds.” That includes any benefits sent out by the Social Security ...
Starting Sept. 30, both the Social Security Administration and the IRS are phasing out paper checks as part of a massive federal digitization push. Here's what you need to know.
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