| A Representative Payee is an individual or organization that receives Social Security and/or SSI payments for someone who cannot manage or direct the management of his/her money. Payees should use the funds for the current and foreseeable needs of the beneficiary and save any remaining funds for the beneficiary's future use.
What does a payee do for you? Your payee receives your monthly benefits on your behalf and must use the money to pay for your current needs, including:
After those expenses are paid, your payee can use the rest of the money to pay any past due bills you may have, give you spending money, support your dependents or provide entertainment for you. Any other funds left over should be saved.
This information was gathered from the Social Security Administration, for more details click here.
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