What are a person's responsibilities if they have power of attorney for social security income?

Answer 1

For Social Security purposes, a "power of attorney" is not an acceptable way to manage a person's monthly benefits. Social Security recognizes only a representative payee for handling the beneficiary's funds.

If you are a representative payee you should be able to find some useful information by clicking on the below related link.

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Answer 2

If someone has been granted power of attorney for social security income, their responsibilities are to act in the best interest of the individual receiving the benefits. This includes managing the funds, ensuring bills and expenses are paid, reporting any changes in the individual's circumstances that may affect their eligibility for benefits, and keeping accurate records of all financial transactions. They must also file an annual report with the Social Security Administration to account for how the benefits were used.