As check fraud and mail theft become more common, the U.S. Treasury plans to phase out paper checks for things like tax refunds and Social Security payments.
Instead, most payments will be made to direct deposit, debit and credit cards, and digital wallets — methods that are more secure and save time and money.
Some exceptions will be made, however. According to Kiplinger, special arrangements will be made for those who don't have access to banking services. About 450,000 people receive Social Security payments by check now.
