The government wants almost everyone who gets social security to have it delivered by direct deposit and not mail. “I have never missed a check, never had any problems with it and to me it’s the best While this won’t bankrupt the Social Security program, it demonstrates that the existing payout schedule, inclusive of annual cost-of-living adjustments, isn’t sustainable. In order for the program to How can you change your direct deposit information with Social Security? The most convenient way is by creating a my Social Security account online at socialsecurity.gov/myaccount. Once you create .