Which agency often provides federal funds that require the assistance of a protective payee?

The Federal Social Security Administration (SSA) is responsible for administering social security benefits, including retirement, disability, and survivor benefits. In certain cases, such as when beneficiaries are unable to manage their funds due to mental or physical incapacity, protective payees are assigned. A protective payee is an individual or organization that receives and manages benefits on behalf of the beneficiary, ensuring that the funds are used appropriately for basic needs such as housing, food, and healthcare.

The SSA recognizes that some individuals, especially those with cognitive impairments or severe disabilities, may not be able to handle their financial affairs. Therefore, the agency has established the protective payee program to provide this necessary support, ensuring that beneficiaries have access to essential services without the added burden of managing their benefits independently.

While federal funds may also come from other agencies, such as those aimed at unemployment support or healthcare, they typically do not have the same requirement for protective payees as mandated by the SSA for social security benefits.