Is it ok to pay for assisted living rent from a LTC policy and use the rep payee bank account to add the funds Into the rep payee account and then take it out to pay for the rent? Funds from Social Security benefits go into this account also to pay for daily living expenses.
I don't fully understand what you are asking so I won't try to answer. I just wanted you to know that the SSA does watch how SS benefits are being used.
I had GREAT luck when I applied at the social security office to be my LO’s “designated payee”, but bring War and Peace and Gone with the Wind, because although they’ve been streamlined, there’s still a wait.
ALL of my LO’s funds go into one account in her name and the name of her 2 POAs, and no other business except her care is done through that account.
And I agree with the War and Peace!
My husband is POA for his brother, and brother's social security, pension, etc. are direct deposited into brother's bank account. My husband pays the nursing home from that account, using brother's checkbook with but with his name signed as POA for brother. Brother is self pay for now, but once he's on Medicaid I'm presuming it will be handled the same way.
I had to wait forever on the phone for Social Security to talk to them, but when I did talk to them they were enormously helpful. I had to wait another time in our SF Social Security office for half the day for them, but when I got them they were great with answers.
Don't take our word for anything important at this stuff on the forum unless we DO work for S.S. Because it is unique in its rules and qualifications, as is the IRS with its special forms.
Good luck. If you have good info for us to share here please do update because I would love to know the certain, for sure, answer to what you asked.