India, June 24 -- For many years, retirees received their Social Security payments through paper checks in the mail. In 2025, the Social Security Administration (SSA) was directed to move beneficiaries to electronic payments. SSA plans to complete the transition for all beneficiaries this year. The goal is to make payments faster, safer and more reliable.

Most beneficiaries will receive money through direct deposit into a bank or credit union account. Another option is a Treasury-approved prepaid debit card. Paper checks will only be available in rare cases. Anyone wanting to continue receiving checks by mail will need a government-approved waiver.

For many older Americans, Social Security is their main or only source of income. The mon...