IRS tax refunds and Social Security paper checks are typically delivered online now. Will that impact your money?
On March 25, 2025, President Trump signed Executive Order 14247: "Modernizing Payments To and From America's Bank Account," ...
While online banking and electronic payments are becoming more mainstream, many Americans still write paper checks, and there's been a resurgence of fraud. If you think you’re immune because you pay ...
Rumors spread that Social Security paper checks were ending. Here's what actually changed, why the confusion started, and ...
The Federal Reserve Board has announced that it is formally exploring significant changes to its check-processing services, including the possibility of ending them entirely. In a press release ...
In an era of instant digital transactions, healthcare's continued reliance on paper checks isn't just outdated — it's financially reckless. While consumers tap phones to pay for coffee and businesses ...
When was the last time you wrote a paper check? If the answer is a long time, that's exactly why the Fed says they're starting to explore winding down their check processing services--a move that ...
The Trump administration's executive order to phase out paper checks may harm certain taxpayers, warns Taxpayer Advocate Erin Collins. Executive Order 14247 directs the Treasury Department, including ...
Q: Last year, I lost my entire 401(k) — $114,000 — after Paychex mailed me physical rollover checks instead of doing a secure transfer. The checks were intercepted and fraudulently cashed. I’m now in ...