There is a new Social Security blog written by a 34 year veteran of the Social Security Administration.
One of his recent articles talks about the pros and cons of Social Security debit cards
… paying benefits digitally rather than by paper is a big savings to SSA. It cost about $1.00 to mail a paper check and only 10 to 12 cents to do it by automated transfer. With the 500,000 people already signed up for the debit card, it is saving the SSA about $440,000 each month. And SSA needs every one of those dollars!
So far so good. A more efficient Social Security benefits everyone. However, there are costs associated with using the debit cards. Click through to Social Security Debit Cards | Social Security Insider Secrets for the details.
