Social Security’s Representative Payment Program provides benefit payment management for our beneficiaries who are incapable of managing their Social Security or Supplemental Security Income (SSI) payments. We appoint a suitable representative payee (payee) who
manages the payments on behalf of the beneficiaries
.
Do you have to have a payee for SSI?
IMPORTANT:
Social Security needs volunteers to serve as representative payees
. If you would like more information, please visit our website at www.ssa.gov/payee or call your local Social Security office.
How should a representative payee account be titled?
We recommend that you title the account in one of the following ways: Page 11 7 •
(Beneficiary’s name) by (your name), representative payee. (Your name), representative payee for (beneficiary’s name)
. Your bank will provide help if you have more questions.
Who is the owner of a representative payee account?
A representative payee bank account is an account used by
an appointed person or organization
to manage the finances of a Social Security beneficiary. Representative payees are chosen by the Social Security Administration to administer the account for a beneficiary—usually an older or disabled person.
What is a payee account?
Payee Account means an account or accounts (whether maintained with the Bank or with another financial institution recognised by the Bank for the purposes of the Services, or certain of them) in the name of the Payee to which the Customer may transfer funds by debiting an Originating Account.
Can a rep payee account have a debit card?
It is important to remember that
you are not allowed to give the beneficiary direct access to the bank account as the representative payee
. That means you cannot just hand over the debit card to your child. However, many companies offer programs that help young people (and adults) manage their money.
Who Cannot be a representative payee?
A representative payee applicant may not serve if he/she: (a)
Has been convicted of a violation under section 208, 811 or 1632 of the Social Security Act
. (b) Has been convicted of an offense resulting in imprisonment for more than 1 year.
Can a rep payee have online access?
Select the new Representative Payee Message Center to access, view, and print available messages, alerts, and online notices for the beneficiaries you represent
.
Can you put SSI into ABLE account?
You definitely qualify for an ABLE account if you get benefits like Supplemental Security Income (SSI)
, Social Security Disability Insurance (SSDI), Childhood Disability Benefits, Medi-Cal (based on your disability), or Medi-Cal’s Working Disabled Program, because they all use SSA’s disability standards.
Will SSI terminate my SSI over credit card resources?
The short answer to this question is “yes.” Strictly speaking,
there are no restrictions that keep someone on SSI from getting and using a credit card
.
How much money can SSI recipients have in the bank?
To get SSI, your countable resources must not be worth more than
$2,000 for an individual or $3,000 for a couple
. We call this the resource limit. Countable resources are the things you own that count toward the resource limit. Many things you own do not count.
How do I set up a representative payee account?
How Do I Apply to be a Representative Payee? You should
contact the SSA office nearest you to apply to be a payee
. You must then submit an application, form SSA-11 (Request to be selected as payee) and documents to prove your identity.
Why do I need a rep payee?
SSA appoints a representative payee
when a beneficiary is determined incapable of managing or directing someone else to manage their benefits
. The law requires that some beneficiaries have a representative payee.
How do I remove myself as a representative payee?
If, for some reason, you wish to remove a representative payee, you must
prove that you’re mentally and physically able to manage the payments received
. This requires filling out the appropriate forms and submitting your application. In some cases, the Social Security Administration (SSA) may interview the beneficiary.
What is another name for payee?
In this page you can discover 9 synonyms, antonyms, idiomatic expressions, and related words for payee, like:
recipient, seller, remitter, receiver, wage-earner, worker, laborer, registrant and cardholder
.
When paying bills online what is a payee?
If you’re setting up online bill payments from your checking account, the payee is
the business you want to pay
(your utility provider, for example). Providing payee information tells your bank who receives the money and where to send the check or electronic payment.
What is the meaning of payee name?
Legal Definition of payee
:
a person to whom money is to be or has been paid
specifically : the person named in a bill of exchange, note, or check as the one to whom the amount is directed to be paid — compare drawee, drawer.
Can I spend my SSI on anything?
While you can use your SSI benefits for
virtually anything that’s legal
, you must be wary of using the money in ways that can increase your resources. For example, purchasing luxury items is not prohibited, but it can increase your assets and may push your resources past the limit.
What disqualifies you from being a payee for Social Security?
REMEMBER: The Social Security Act prohibits anyone from serving as payee
if he or she was ever convicted of a violation under section 208, 811, or 1632(a)
. This prohibition is permanent; that is, if an individual was ever convicted under one of these statutes, he or she is barred from serving as payee for life.
