NYC Chapter Promotes Direct Deposit with Go Direct

The Alzheimer’s Association, NYC Chapter is partnering with Go Direct, a national campaign sponsored by the U.S. Department of the Treasury and the Federal Reserve Banks, to encourage people who get Social Security payments by check to switch to direct deposit.

Enrolling people in direct deposit has been a longstanding effort by the Treasury. Go Direct is a great campaign for the NYC Chapter to be involved in – because direct deposit is simply the best way to receive Social Security and Supplemental Security Income payments. It eliminates the risk of stolen checks and forgeries and helps protect people from identity theft. It also gives people more control over their money. Plus, direct deposit provides people with immediate access to their money from virtually everywhere.

Direct deposit also saves taxpayers millions of dollars. If every person who gets Social Security check payments switched to direct deposit, it would save taxpayers about $120 million a year. Almost all money saved remains in the Social Security Trust Fund – a benefit to all Americans for years to come.

We can play a key role in motivating people who get federal benefits to switch to direct deposit. The Go Direct campaign makes it easy by providing support tools, including a quick step-by-step guide to train staff and volunteers on how to approach people about direct deposit as well as campaign materials and program ideas. All these tools can be found on the special Partner section of the Go DirectWeb site at www.GoDirect.org.

The NYC Chapter is pleased to support this important initiative to help ensure people’s finances are safe and secure – and accessible.

For more information about Go Direct, call 952-346-6055 or visit www.GoDirect.org (English)
and www.DirectoASuCuenta.org (Spanish).

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