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Provide all records of how payments are spent or saved to the SSA upon request. ... If you believe someone you know might need a representative payee, call Social Security’s national customer ...
The Social Security Administration (SSA) estimates that more than 8 million people who get monthly Social Security or Supplemental Security Income (SSI) payments need help managing their money.
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 ...
Everlon Moulton received a dreaded Social Security overpayment notice in November 2023. She was shocked to discover the SSA was trying to claw back extra money it supposedly paid out to her ...
The Social Security Advisory Board commissioned a study of the Social Security Administration's representative payee program and held a policy forum in 2020 on the topic. The study noted the difficulty SSA field staff face in determining the need for representative payees and finding suitable payees particularly when family members are not ...
Another purpose of Form W-9 is to help the payee avoid backup withholding.The payer must collect withholding taxes on certain reportable payments for the IRS. However, if the payee certifies on the W-9 they are not subject to backup withholding they generally receive the full payment due them from the payer. [2]
Social Security: New Bill Could Give Seniors an Extra $2,400 a Year The maximum that the Social Security Administration offers is six months’ worth of retroactive payments in the lump-sum payment.
If you've moved or changed phone numbers, you may have a list of important contacts to update. If you receive Social Security or Medicare benefits, you'll want to be sure to include the Social...
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