RetirementReform.org | PR Newswire - Social Security Disability Insurance Recipients Need Better Understanding of Pros and Cons of New Debit Card

PR Newswire - Social Security Disability Insurance Recipients Need Better Understanding of Pros and Cons of New Debit Card

The nationwide rollout has begun and Social Security Disability Insurance (SSDI) recipients in some states already have the option of receiving their benefit payments electronically on a debit card, rather than via a paper check. However, eligible individuals – many of whom are “unbanked” – should have a clear understanding of the pros and cons of opting for the debit card, particularly the financial ramifications, according to Allsup, which represents tens of thousands of people in the SSDI process each year. It also offers services that support the financial and health well-being of individuals with disabilities.