Do you need a Social Security representative payee? - Forbes
A power of attorney (POA) document allows an appointed person to make financial, legal and property decisions on another individual’s behalf but can they talk to Social Security or Medicare? The answer is no, although financial power of attorney (POA) and a durable power of attorney for healthcare, medical POA, can make important and necessary decisions on another individual’s behalf; however, the Social Security Administration requires a representative payee. So, what is a Social Security representative payee? In Diane Omdahl’s column appearing on www.forbes.com, she explains what is a representative payee, how to become one, and why you need to plan ahead. Read Ms. Omdahl’s column here…
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