Social Security Administration Beneficiaries
Trend in Direct Deposit Participation
Percent Direct Deposit September 2022
| Fiscal Year |
Social Security Payments |
Supplemental Security Income (SSI) Payments |
Total Social Security and SSI Payments |
| 1992 |
52.8 |
19.5 |
49.0 |
| 1993 |
54.3 |
20.7 |
50.2 |
| 1994 |
55.9 |
22.3 |
51.6 |
| 1995 |
57.9 |
24.3 |
53.5 |
| 1996 |
60.2 |
26.6 |
55.7 |
| 1997 |
65.0 |
32.0 |
60.6 |
| 1998 |
70.9 |
39.6 |
66.8 |
| 1999 |
75.0 |
44.8 |
71.0 |
| 2000 |
78.6 |
49.4 |
74.8 |
| 2001 |
79.3 |
50.0 |
75.3 |
| 2002 |
80.1 |
51.1 |
76.4 |
| 2003 |
80.7 |
52.4 |
77.1 |
| 2004 |
81.6 |
54.0 |
78.0 |
| 2005 |
82.3 |
54.9 |
78.7 |
| 2006 |
83.2 |
56.4 |
79.8 |
| 2007 |
84.1 |
58.0 |
80.7 |
| 2008 |
85.1 |
59.5 |
81.8 |
| 2009 |
86.1 |
62.1 |
83.0 |
| 2010 |
87.0 |
65.5 |
84.3 |
| 2011 |
88.7 |
70.1 |
86.3 |
| 2012 |
94.2 |
83.1 |
92.8 |
| 2013 |
98.3 |
93.6 |
97.7 |
| 2014 |
98.6 |
94.8 |
98.1 |
| 2015 |
98.8 |
95.2 |
98.3 |
| 2016 |
98.8 |
95.3 |
98.4 |
| 2017 |
98.9 |
95.6 |
98.5 |
| 2018 |
99.0 |
96.2 |
98.7 |
| 2019 |
99.1 |
96.0 |
98.7 |
| 2020 |
99.1 |
96.3 |
98.8 |
| 2021 |
99.3 |
96.6 |
99.0 |
| 2022 |
99.3 |
96.6 |
99.0 |