How to Change the Bank Account on Social Security
Managing your financial affairs is an essential part of ensuring your financial stability, especially when it comes to receiving Social Security benefits. If you have recently changed banks or lost access to your old account, it’s crucial to update your bank account information with the Social Security Administration (SSA). This article will guide you through the process of how to change the bank account on Social Security, ensuring your benefits are deposited accurately and on time.
1. Gather Required Information
Before you begin the process of changing your bank account, make sure you have the following information on hand:
- Your Social Security number
- The new bank account number
- The routing number for your new bank account
- Proof of your identity, such as a driver’s license or state ID
2. Contact the SSA
To update your bank account information, you have several options for contacting the SSA:
- Online: Visit the SSA’s official website at www.ssa.gov and navigate to the “Manage My Payment” section. You can update your bank account information through this secure online portal.
- By Phone: Call the SSA at 1-800-772-1213 (TTY 1-800-325-0778). A representative will assist you in updating your bank account information over the phone.
- In Person: Visit your local SSA office. A representative will help you complete the necessary forms and update your bank account information.
3. Complete the Request for Change of Direct Deposit Form
If you choose to update your bank account information online or by phone, you will need to complete the Request for Change of Direct Deposit Form (SSA-1099). This form requires you to provide your name, Social Security number, old and new bank account information, and your signature. If you are updating your information in person, the SSA representative will assist you in completing this form.
4. Submit the Form
Once you have completed the Request for Change of Direct Deposit Form, submit it to the SSA through one of the following methods:
- Online: Follow the instructions provided on the SSA’s website to submit your form online.
- By Phone: Provide the completed form to the SSA representative over the phone.
- In Person: Hand the completed form to the SSA representative at your local office.
5. Wait for Confirmation
After submitting your form, the SSA will process your request to change your bank account. You may receive a confirmation letter or email from the SSA, indicating that your bank account information has been updated. It’s essential to keep this confirmation for your records.
Remember, it’s crucial to keep your bank account information up to date to ensure the timely and accurate delivery of your Social Security benefits. By following these steps, you can easily change your bank account on Social Security and continue to manage your financial affairs effectively.
