An Study Seniors Use Direct Deposit To Safeguard Your Funds And Identity
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What if someone stole the month-to-month examine you depend on? How would you survive? Each and every month about 12 million Social Safety and other federal benefit checks are mailed, several of them to senior citizens. Criminals know when these checks arrive in mailboxes. They also know that each and every month most seniors venture out to cash or deposit their checks. But seniors can outsmart them. "These days, it is imperative that seniors arm themselves with information and sensible safeguards to hold their monthly earnings secure," said Al Lenhardt, president and CEO of the National Crime Prevention Council, a leader in senior fraud prevention. What can seniors do to guard themselves against monetary crimes? Typically, it is as basic as signing up for direct deposit. Throughout National Safety Month in June and all through the year, the U.S. To research additional information, consider looking at: medicare medical equipment . Division of the Treasury and the National Crime Prevention Council are urging folks who receive Social Safety and other federal advantages to sign up for direct deposit and stay away from becoming a victim of identity theft, fraud or robbery. According to the Federal Trade Commission, almost 25 million Americans (11.two percent of the adult population) expertise consumer fraud each and every year. For fresh information, consider checking out: reporting medical fraud . Criminals and con artists usually create scams that target seniors, creating them a vulnerable population. "One person was acquiring his examine stolen a number of times, often by his own household," mentioned Sgt. Vince Higgins, a public information officer with the Memphis Police Division who works closely with seniors. Get further on our partner encyclopedia - Click here: healthcare fraud . "Now that he's signed up for direct deposit, he's satisfied, he's confident-he's no longer worried about exactly where his money is or who's got his funds. It really is risk-free in his bank account." Sgt. Higgins and hundreds of other trusted sources like him are partners in Go Direct, a campaign sponsored by the Treasury and the Federal Reserve Banks to motivate Americans who get Social Security and other federal benefits checks to switch to the safer, simpler option of direct deposit. Enrolling in direct deposit can offer considerably-necessary peace of mind to seniors, folks with disabilities and other individuals who rely on Social Security. Direct deposit eliminates the danger of stolen checks and forgeries and helps safeguard men and women from identity theft. To read additional info, we recommend you gander at: yaz lawsuit . It also offers men and women more handle more than their cash and permits quick access to funds from virtually anyplace.
