Latest News

Understanding Social Security’s “Representative Payee” Provision

Elder abuse and fraud perpetrated on seniors is a major concern to Social Security, so much so that the agency maintains a provision to help protect those beneficiaries unable to safely and securely manage their own finances. It’s call the “Representative Payment Program,”  and it enables the designation of a third person to step in and manage the beneficiary’s Social Security funds. Read about this program in a post by The Motley Fool’s Dan Caplinger, which you can access here, and if you’d like still more background on recent changes to this portion of Social Security, check out this AMAC Foundation article.

 

Notice: The first link provided above connects readers to the full content of the posted article. The URL (internet address) for this link is valid on the posted date; socialsecurityreport.org cannot guarantee the duration of the link’s validity. Also, the opinions expressed in these postings are the viewpoints of the original source and are not explicitly endorsed by AMAC, Inc.; the AMAC Foundation, Inc.; or socialsecurityreport.org.

What's Your Opinion?

We welcome your comments. Join the discussion and let your voice be heard. All fields are required

Website by Geiger Computers