The changes will start March 31. The agency will allow those who cannot use the My Social Security account to start the process over the phone but will require in-person visits to verify identity. You can visit a local office to process the change or call 1-800-772-1213 to schedule an in-person appointment.

Changes announced by the Social Security Administration could mean you'll be able to set up direct deposit and get your money more quickly, but will also implement heightened ID security measures to protect against fraud.

The SSA is transitioning to stronger identity verification procedures for both new benefit claims and direct deposit changes.