Many taxpayers who are due a refund opt for direct deposit. In fact, it is the top method of receiving payment on a federal tax refund. It’s completely safe, and delivers the cash you’re entitled to quickly and easily, especially when you combine it with electronic filing methods. Approximately 90 million taxpayers opted for direct deposit in 2014, and it’s expected to continue its popularity in 2015. When you’re filing this tax season, consider putting your refund directly in your bank account.

Four Reasons to Choose Direct Deposit

Convenience – It’s so easy, it’s almost too easy. Almost. With direct deposit, your refund is automatically credited to your bank account, saving you the steps of having to actually go to the bank, wait in line, and deposit the check.

Security – Because there’s no physical check being issued, you don’t have to worry about it getting lost or stolen, or having to wait around for it to be delivered in the mail.

Simplicity – Again, it’s almost like doing nothing at all. You just have to select the direct deposit option on the tax software, or check the section on the tax forms. Both will have detailed instructions, basically requiring just your bank account number and routing number.

Choices – Instead of having to transfer your money all around, you can let the government do it for you. You can opt to have your refund split between three separate bank accounts. Different retirement plans, health or education accounts may be eligible for deposit, in addition to checking and savings accounts.

You should check with your bank before choosing direct deposit if you are filing your taxes jointly with your spouse. Some financial institutions require that both names are on the account in order to accept the deposit. Also, you should never deposit your refund into another person’s account. Always make sure you are providing the correct bank account number, and that the account is either in yours or your spouse’s name, if not both.