When a person cannot manage their financial affairs with the Social Security Administration (SSA), an approved representative may assume the task. Because powers of attorney are not recognized by the SSA, it may be necessary to designate a payee, usually the agent for power of attorney or trustee.
Please note that we only serve when we are also acting as conservator or power of attorney as the Social Security Administration prevents for-profit organizations or persons from serving as representative payees. Only not-for-profit organizations may be hired to serve in this solo-capacity.
There are a limited number of these 501(c)(3) organizations, which charge a miniscule amount as permitted by the Social Security Administration. We have found one organization (click to visit) that is responsive and answered our calls. While we do not personally endorse this company, it may provide you a better understanding of the not-for-profit entity to search for in your region.