As if life were not complicated enough, if you are caring for an elderly parent who is no longer able to handle his finances or you are handling Social Security payments for your minor child, you may ...

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. Those ...

A representative payee can be a person or an entity appointed by the Social Security Administration — usually a relative or close friend of the beneficiary. However, the Social Security Administration ...

For most Social Security Disability Insurance (SSDI) and Supplemental Security Income (SSI) beneficiaries, the Social Security Administration (SSA) issues monthly checks directly to the recipients.

WASHINGTON -- Although most people who receive and manage Social Security benefits on behalf of other individuals perform their duties well, the Social Security Administration's "representative payee" ...

Representative payees who are tasked with managing Social Security payments for many with disabilities would be subject to greater scrutiny under a proposal in Congress. Lawmakers in the U.S. House of ...

Find out about this key aspect of financial protection for your benefits. Millions of people collect Social Security benefits each and every month, and most of them are fully capable of managing the ...

This chapter addresses part of the third of the four specific items in the committee’s charge: “identify the types of representative payees that have the highest risk of misuse of benefits.” In order ...

People who serve as representative payees for individuals who receive Social Security or Supplemental Security Income (SSI) benefits now have more options for their annual reporting of how the funds ...

When a Social Security beneficiary is unable to manage their own account, they can have a representative payee step in to manage the account for them. This typically happens when the beneficiary is a ...