Social Security is issuing a payment change that will affect 3.6 million beneficiaries. The agency will issue new debit cards to affected beneficiaries because of a change in financial provider. This ...

The transition is already underway for affected beneficiaries.

The shift is a result of a change in the program’s financial provider from Comerica Bank to Fifth Third Bank.

A major Social Security payment change is coming for millions of recipients. Here's who it affects and what you need to do.

Image source: Getty Images. The Direct Express card is a prepaid debit card used by federal benefits recipients. On the scheduled payment date each month, the card is loaded electronically with Social ...

CINCINNATI--(BUSINESS WIRE)-- Fifth Third Bank, National Association, (Nasdaq: FITB) today announced it has been designated by the U.S. Department of the Treasury’s Bureau of the Fiscal Service ...

Millions of Social Security recipients will soon see a significant change in their payments. In a notice, the agency recently noted it was making a switch in the financial agent that administers the ...

Fifth Third Bank said it has entered an agreement with the U.S. Department of the Treasury's Bureau of the Fiscal Service to manage its Direct Express prepaid debit card program. Under the five-year ...