Representative Payee Program | SSA Representative Payee Social Security's Representative Payment Program provides benefit payment management for our beneficiaries who are incapable of managing their Social Security or Supplemental Security Income (SSI) payments We appoint a suitable representative payee (payee) who manages the payments on behalf of the beneficiaries
What Is a Payee? - The Balance A payee is a person or organization that receives payment, such as for goods or services Payment can be in any form, including cash, a check, a money order, or an electronic transfer of funds You typically encounter payees when banking
payee | Wex | US Law | LII Legal Information Institute The payee is the recipient of the payment For example, when writing a check, the person who the check is made out to is the payee When paying a bill, the company such as the utility company who is being paid is the payee
Payee definition — AccountingTools A payee is a person or entity that receives or is scheduled to receive a payment The payee is usually entitled to a payment because it has provided goods or services to the payer Other reasons for the receipt of payment are when the payee is receiving a donation, a grant, or a tax payment
Payee - Meaning, Terms, Representative, Payee vs Payor - WallStreetMojo A payee refers to a person, business, government, or any other entity that receives payment for providing goods or services In other words, when a party owes money to another, the latter is the receiver, and the former is the payer
Payee vs. Payer — What’s the Difference? A payee, being the recipient, is usually the one who provides a service or product Once the service or product has been delivered, the payee expects payment in return The payer, meanwhile, is the one who owes or needs to give out this payment as a result of availing of the service or product