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If you believe someone you know might need a representative payee, call Social Security’s national customer service line at 800-772-1213 or contact your local office and make an appointment ...
A representative payee, or substitute payee, is a person who acts as the receiver of United States Social Security Disability or Supplemental Security Income for a person who is not fully capable of managing their own benefits, i.e. cannot be their own payee. The representative payee is expected to assist the person with money management, along ...
Representative payees are required by law to use the benefits in the beneficiary’s best interest. If a payee misuses benefits, they must repay the misused funds. ... The account must be distinct ...
Some states and counties have representative payee agencies (also called substitute payee programs) which receive the benefits on behalf of the disabled person's social worker, and disburse the benefits per the social worker's instructions. Almost all children eligible for SSI have representative payees (typically a parent or other family member).
In financial transactions, a warrant is a written order by one person that instructs or authorises another person to pay a specified recipient a specific amount of money or supply goods at a specific date. [1]
The substitute check must accurately represent all information depicted on the front and back of the original paper check at the time the financial institution removes or truncates the check from the process, including the names of the payor and payee, the courtesy and legal amounts, endorsements, and encoding information, among other details.
A payee can be very helpful in the instance of homeless individuals who need assistance paying down debts (like utility bills) and saving for housing. About 10 percent of disabled worker beneficiaries have representative payees and about 5 percent of disabled widow(er)s have representative payees.
A 1926 promissory note from the Imperial Bank of India, Rangoon, Burma for 20,000 rupees plus interest. A promissory note, sometimes referred to as a note payable, is a legal instrument (more particularly, a financing instrument and a debt instrument), in which one party (the maker or issuer) promises in writing to pay a determinate sum of money to the other (the payee), [1] subject to any ...