The Social Security Administration (SSA) has launched a major upgrade to its direct deposit system by implementing the new Account Verification Service (AVS)—a real-time verification tool designed to speed up changes and reduce fraud for millions of Americans receiving benefits.
With this change, updating your SSA direct deposit information is now faster and more secure than ever. Previously, modifying bank details online could take up to 30 days to process. Under the new AVS system, changes can be completed in just one business day, offering beneficiaries quicker access to their payments.
According to Interim Commissioner Lee Dudek, the introduction of AVS is a step toward modernizing services while prioritizing safety. “We’re streamlining operations while putting strong protections in place for our beneficiaries,” Dudek said in a recent statement. The new verification process ensures bank account details are accurate in real-time, which minimizes payment delays and virtually eliminates rejected payments due to incorrect information.
This update is a game-changer for retirees, disability recipients (SSDI), and Supplemental Security Income (SSI) beneficiaries, many of whom depend on timely electronic payments for essentials. The AVS system also strengthens fraud prevention measures by confirming account ownership before any funds are transferred.
If you’re currently receiving Social Security benefits and aren’t changing your bank account, no action is required. However, for those needing to update direct deposit details, the SSA encourages using its My Social Security online portal. For those who prefer or require in-person service, appointments can still be made at your local SSA office.
Identity verification remains secure and user-friendly through trusted government partners like Login.gov and ID.me. These platforms ensure your personal data stays protected while giving you access to manage benefits online.
In addition to faster processing and improved security, the AVS system brings more transparency to the claims process. It also simplifies how the SSA handles new applications for Medicare, SSDI, and SSI, making digital services more efficient and accessible.
The SSA has also published a helpful FAQ section for those who have questions about the AVS changes or need guidance on how to update their account information. And for anyone without reliable internet access, phone applications and walk-in assistance remain available nationwide.
This modernization reflects the SSA’s broader push to enhance service delivery, improve data accuracy, and safeguard payments for the 70 million Americans who rely on Social Security each month.