(NAPSI)—Beginning March 1, 2013, the U. S. Treasury will no longer issue paper checks for federal benefits, including Social Security, instead requiring recipients to switch to electronic payments. If beneficiaries do not set up their own electronic direct deposit to a bank account, they will receive their federal benefits on a prepaid card.
To provide older Americans with more choices, AARP Foundation has endorsed a full-featured reloadable prepaid MasterCard card from Green Dot Corporation designed to serve as a direct deposit option for government benefits and everyday use. Available online or at participating CVS/pharmacy, Rite Aid and Walgreens stores nationwide, the AARP Foundation Prepaid MasterCard from Green Dot can be used everywhere Debit MasterCard is accepted, including to shop online. It does not require a credit check to sign up and never charges overdraft or low balance fees.
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