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Ssdi Urban Legend For Bank Accounts?


cowgirl
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  • HadIt.com Elder

Ok y'all, just double checking, heard that its best to have ssdi sent to a single account. Heard that occasionally money woes could occur. Advice anyone? thanks a bunch.

Cg

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Ok y'all, just double checking, heard that its best to have ssdi sent to a single account. Heard that occasionally money woes could occur. Advice anyone? thanks a bunch.

Cg

CG,

I went thru this several years ago. Put it in one account.

This maybe over kill, but you do have to account for the money for each child and they can ask for accounting at anytime.

Make up a form for each child, Put name of child on each form.

Example

At top right corner enter amount received so that you can have a running total

Amount Received $100.00

Date Item name Cost

1 Dec 2008 Coat 15.00 $85.00

When you buy somthing for the kids keep the receipt from the store, and notate on the receipt the childs name or initals of the item. Keep the receipts until they are 18 yo. Good luck

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  • HadIt.com Elder

My experience and opinion. SSD makes you nervous but here are facts. When I first got SSD I had 3 minors and this is what I figured out. Paying for house, feeding, daily expenses more than covered anything SSD sent us.

I did not save any receipts and no one at SSD ever said anything to me. Be sure and fill it out and mail on their time schedule though

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