STATEN ISLAND, N.Y. — Amid anti-fraud efforts, the U.S. Social Security Administration announced a new policy intended to speed up payments to recipients looking to have their benefits delivered via direct deposit.
All changes in requests for direct-deposit payments will be processed in one day, the administration has announced. Previously, direct-deposit changes made online were held for 30 days, according to a news release from the agency.
The new practices will be phased in over the next two weeks for both benefit claims and direct deposit changes…