Lena - posted on 10/29/2011 ( 4 moms have responded )
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I recently recived my REPRESENTATIVE PAYEE REPORT OF BENEFITS AND DEDICATED ACCOUNT. I am wondering since I spent my daughter dedicated account money on Back rent, and car repairs: transmission, brakes, battery. I feel this money went to goog use to serve her. But i didnt ask SS about the money being used for this. I am little nervous they say I misused the money. Have you ever had this happen???
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Lisa - posted on 08/26/2012
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Sounds like your ok:)
Tiffany - posted on 04/07/2012
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hi I was just wondering how everything turned out for you? I hope it went well b/c it sounds to me like you spent the money wisely and productively.
Yvonne - posted on 02/15/2012
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The representative payee for a disabled child under age 18 who is eligible for large past–due payments (usually any payment covering more than six months of the current benefit rate) is required to open a separate account at a financial institution.
The past–due payments will be deposited directly into that "dedicated account", and the use of these funds is restricted.
What are the requirements for a dedicated account?
A dedicated account must be separate from the account used for the regular monthly benefit payment and can only be a checking, savings, or money market account.
Other funds, except for certain past–due SSI benefits, cannot be commingled with the funds in the dedicated account.
The account cannot be in the form of certificates of deposit, mutual funds, stocks, bonds, or trusts.
Title must show the child owns the funds, including interest.
How can you use the money in the dedicated account?
You can use the money only for the following expenses:
medical treatment; and
education or job skills training.
We also allow the following expenses, if they benefit the child and are related to the child's impairment:
personal needs or assistance (for example, in–home nursing care);
special equipment;
housing modification;
therapy or rehabilitation; or
other items or services approved by your local Social Security office, like legal fees incurred by the child in establishing a claim for disabled child's benefits.
You may not use these monies for basic monthly maintenance costs such as food, clothing, or shelter. You must use the regular monthly SSI benefit for the child's food, clothing, or shelter.
If there are any questions on use of the funds, contact your local Social Security office.
Sharlene - posted on 10/29/2011
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Hi . You spend that money for reason and that is you spend it in a place you have to live in and a car that you transport your daughter from school and back, appointments. I guess therapies so no dont feel gulity because you did that. None else is going to do your daily routines so no you spend that monry to good use.Cheers
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