Friday, January 25, 2013

Consumer Group Asks Treasury to Lift Ban

Consumers for Paper Options, a coalition of individuals and organizations advocating for the right to paper-based communications, today asked the U.S. Treasury to formally lift the pending mandate that all federal benefits be received electronically. With millions of seniors, veterans and other federal beneficiaries still receiving traditional checks, Treasury officials have quietly indicated that they no longer plan to force the switch to direct deposit. However, the widely publicized direct deposit mandate - set to take effect on March 1, 2013 - still officially remains in place.