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Can you open a checking account for your dad who is disabled and can not make it to the bank and deposit his retirement and social security checks for him every month?
Wiki User
∙ 14y ago
Only if you have a power of attorney which allows you to perform banking activities on his behalf and if you listed as the representative payee with the Social Security Administration to receive and endorse checks on his behalf.
Wiki User
∙ 14y ago
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When do you get you retirement check?
when is my retirement check posted to my checking account
What is need to apply for a checking account?
Social Security Number
What forms of identification do I need to open a checking account?
When I opened my checking account I had to present a current texas drivers liscense, and my social security card.
What kind of information is usually required to open a business checking account?
Your social security number and tax ID are required to open a business checking account.
The guest account is disabled by default as a security measure?
Yes, it's. It prevents an unauthorized accesses.
Do Colorado teachers pay social security tax?
No, Colorado teachers pay into an "independent" retirement account and are exculded from social security.
Where can one find information on retirement earnings?
Your local Social Security Office can provide you with information on retirement earnings. You can also visit the official website of the U.S. Social Security Administration, where you also have an option of creating an account.
Can a creditor freeze your bank account although im on social security?
Social Security funds are protected against a lien on your checking account. However you will have to prove that the funds in your account are from Social Security. If there are other funds "commingled" then unprotected funds may be seized
Is it a US checking account or an US checking account?
A US checking Account
How much money do I have to save every year to have the best retirement fund?
Social security is not the best retirement fund. There is a maximum that goes in each year so you will not get enough in retirement from just that. 10-20% of your income into a separate retirement account would be ideal.
What are the requirements to open a new checking account at Chase?
To open a new checking account with Chase bank, a social security number and driver's license are required. Contact information such as name, phone and address are also needed.
For a small business, what are the benefits of opening a business checking account rather than using a personal checking account?
There are several benefits from opening and maintaining a business checking account rather than using your personal checking account. When you use a business checking account you are segregating your business funds from your personal funds, thus creating better organization for your business. Also, having the business checking account will help at tax time because all your business transactions will be within the business checking account and there will be no need to sort through your personal transactions. Finally, the business checking account will allow you to use a taxpayer identification number (TIN) so the funds can legally be owned by your business, instead of using your social security number on the checking account. For a small business, opening a business checking account allows you to get more interests. In addition, transactions are processed faster compared to a personal account.
