Find Your Daily Voice
GO
Tag:
Direct Express
National Interest
Payment Change Coming For Millions Of Federal Benefit Recipients
A payment change is coming for millions of federal benefit recipients, but the biggest takeaway is what will stay the same. The Social Security Administration said that the US Department of the Treasury’s Bureau of the Fiscal Service selected Fifth Third Bank as the new financial agent for the Direct Express card program. The program lets people receive federal benefits, including Social Security and veterans benefits, on a prepaid debit card if they do not use a traditional bank account. Fifth Third Bank is replacing Comerica Bank as the financial agent for Direct Express. Fifth Third sa…
Lakewood, NJ
On Your Side
Don't Toss That Envelope From Omaha -- It Has Your Federal Stimulus Prepaid Debit Card
If a plain white envelope from Omaha, Nebraska arrives in the mail, don’t throw it away. It may be your federal stimulus payment. Last week, the IRS and U.S. Treasury Department began mailing Economic Impact Payments as prepaid debit cards. In addition to a P.O. Box in Omaha, the return address says the letter is from "Money Network Cardholder Services." Nearly 4 million Americans waiting for their slice of the $2.2 trillion CARES Act are expected to get their stimulus money in the form of an EIP Card, as opposed to a paper check signed by President Donald J. Trump. The trouble is, th…
