Social Security payments will see a big change next week: What you need to know about the September 30 update

The Social Security Administration will no longer issue these kinds of checks, starting Tuesday. Here’s what retirees will need to do to collect benefits.

Starting next week on Tuesday, September 30, the Social Security Administration (SSA) will no longer issue paper checks for benefit payments, and instead move exclusively to electronic payments: either direct deposit or a prepaid debit card.