Thursday, December 23, 2010

VA wants veterans to sign up for direct deposit

The Department of Veteran Affairs is urging veterans receiving payments from VA to sign up
for direct deposit of your payments.

The Treasury Department announced that they will stop issuing paper checks as of March 1, 2013.
This means that all payments except Income Tax returns will be done electronically.

In order to receive payments you will be required to have a bank account for direct deposit of your
funds. If you do not have a bank account set to receive direct deposits you money can be put
into a pre-paid debit card.

Called the Direct Express card, it is issued by Commerce Bank as the financial agent of the U.S.
Treasury. To apply for the Direct Express debit card go to
http://www.usdirectexpress.com/edcfdtclient/index.html
Also people who will begin receiving benefits for the first time beginning  May 1, 2011 will
automatically receive their payment electronically.

This applies not only to VA benefits, but also Social Security, Supplemental Security Income, Railroad
Retirement Board, or Office of Personnel Management.

For more information you can go to www.godirect.com

Jerald Terwilliger
National Chairman
American Cold War Veterans
"We Remember"
---------------- "And so the greatest of American triumphs... became a peculiarly joyless victory. We had won the Cold War, but there would be no parades." -- Robert M. Gates, 1996