WASHINGTON -

The Brief

The Social Security Administration (SSA) will stop issuing paper checks at the end of this month.

The change will impact hundreds of thousands of beneficiaries across the United States.

Why is this happening?

The shift comes after President Donald Trump issued an executive order in March mandating all federal payments be made electronically beginning Sept. 30.

Dig deeper:

Payments will eventually be sent via direct deposit and credit cards.

Paper-based payments are more costly and vulnerable to fraud, theft, errors and delays, according to the White House.

What they're saying:

"Less than one percent of Social Security Administration beneficiaries currently receive paper checks," an SSA spokesperson told FOX Business in an email. "… Where a beneficiary has

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