[Download] "Federal Benefits: The Check Won't be in the Mail for Unemployed Job Hunters, How Much Money to Ask for? (Business)" by The Virginian Pilot " Book PDF Kindle ePub Free
eBook details
- Title: Federal Benefits: The Check Won't be in the Mail for Unemployed Job Hunters, How Much Money to Ask for? (Business)
- Author : The Virginian Pilot
- Release Date : January 25, 2010
- Genre: Reference,Books,
- Pages : * pages
- Size : 61 KB
Description
The Treasury Department is making a hard push to go green - and save a lot of green - by switching millions of people who receive Social Security and other federal benefits from paper checks to electronic payments. The announcement came just days before the 40th anniversary of Earth Day. And while the technological move will save paper, it will also save the government more than $300 million over the first five years and $125 million each following year. It now costs $1 overall to cut and mail a check but only 10 cents for a direct deposit. The Treasury issues more than 135 million benefit checks annually.
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