top of page

Rep Payee Accounts vs Dedicated Accounts: Which One Do You Need?

  • Writer: Purple
    Purple
  • Aug 26
  • 3 min read

If you’re a representative payee managing benefits for someone else—especially a child receiving backpay from SSI—you’ve likely heard of both Rep Payee Accounts and Dedicated Accounts. But what’s the difference between them? And when does Social Security require one over the other?


In this post, we’ll break down:


  1. What a Representative Payee Account is

  2. What a Dedicated Account is

  3. When each is required by SSA

  4. How the rules differ

  5. Which one applies to your situation



1. What Is a Representative Payee Account?


A Representative Payee Account is a bank account set up by someone who has been appointed by the SSA to manage benefits on behalf of another person—often a child or adult with a disability who can’t manage their own money.


The rep payee is responsible for:

  • Using the funds only for the beneficiary’s needs

  • Keeping records of spending and saving

  • Reporting changes to SSA


These accounts must be titled to reflect that the funds belong to the beneficiary, not the payee. Example titling might be:

“[Beneficiary’s Name] by [Payee’s Name], representative payee”



2. What Is a Dedicated Account?


A Dedicated Account is a special type of representative payee account that’s required only when the beneficiary is under age 18 and receives a large backpay lump sum (usually more than 6 months’ worth of SSI payments).


This account must be:

  • Separate from the regular rep payee account

  • Interest-bearing

  • Used only for approved expenses like medical needs, education, or therapy—not food, shelter, or typical monthly expenses


SSA calls these “dedicated” because the funds are dedicated to specific uses that support the child’s development or disability-related needs.



3. When Does SSA Require Each?


  • Representative Payee Account: Required any time someone is managing another person’s monthly SSI or SSDI payments.

  • Dedicated Account: Required in addition to a rep payee account if:

    • The beneficiary is under 18, and

    • They receive more than 6 months of SSI payments as a lump sum


You cannot combine the two. Monthly checks go into the rep payee account. Backpay (if eligible) must go into a separate, dedicated account.



4. What Are the Rules for Each?


Rep Payee Account:

  • Used for regular expenses like food, shelter, clothing, transportation, etc.

  • Can retain up to $2,000 in savings for SSI recipients (unless using an ABLE account or trust)

  • Must submit annual reports to SSA in many cases


Dedicated Account:

  • Can only be used for approved categories (not rent or groceries)

  • Cannot be mixed with other funds

  • Remains in place until the child turns 18—even if monthly benefits stop


Violating the rules of a dedicated account can lead to penalties, repayment demands, or even legal consequences.



5. Which One Do You Need?


Here’s a simple way to figure it out:

  • If you manage ongoing monthly SSI payments for someone else:

    → You need a Representative Payee Account

  • If the person is under 18 and receives a large backpay check:

    → You’ll also need a Dedicated Account to hold that money separately



How Purple Helps Rep Payees Stay Compliant


Purple makes it easier to manage multiple SSA-compliant accounts—including:

  • Rep Payee Checking with proper titling

  • Dedicated Backpay Accounts

  • Spending limits and category tools

  • Document Vault to store SSA notices and receipts

  • Early direct deposit up to 4 days early for SSI or SSDI¹


Whether you’re managing benefits for one person or a whole family, Purple helps you stay organized—and stay on SSA’s good side.



Purple is a financial technology company, not a bank. Banking services are provided by OMB Bank, Member FDIC. The Purple Mastercard® Debit Card is issued by OMB Bank, Member FDIC, pursuant to license from Mastercard.


¹ Early access is not guaranteed and depends on payer timing. We generally make funds available on the day we receive the payment file, which may be up to 4 days early for government benefits like SSI or SSDI, and up to 2 days early for other deposits. Early access is available at no additional cost.

 
 

Recent Posts

See All
Purple Bank Logo
Apple App Store badge
Play Store badge.png

Read Our Newsletter  |  Contact Us  |  Privacy Policy  |  Terms of Service

© 2025 Purple Financial, Inc. All rights reserved.

Purple is a financial technology company, not an FDIC-insured bank. Banking services provided by OMB Bank, Member FDIC. Deposit insurance covers the failure of an insured bank. Certain conditions must be satisfied for pass-through deposit insurance coverage to apply.

The Purple Mastercard® Debit Card is issued by OMB Bank, Member FDIC, pursuant to license from Mastercard.

APPLE and the Apple Logo are trademarks of Apple Inc. GOOGLE PLAY and the Google Play Logo are registered trademarks of Google LLC. Third-party trademarks referenced for informational purposes only; no endorsements implied.

Out-of-Network cash withdrawal fees apply. Third-party and cash deposit fees may apply.

By clicking on some of the links above, you will leave the Purple website and be directed to a third-party website. The privacy practices of those third parties may differ from those of Purple. We recommend you review the privacy statements of those third party websites, as Purple is not responsible for those third parties' privacy or security practices.​​

¹ Early access is not guaranteed, depends on payer timing, and standard processing times may apply. We generally make funds available on the day we receive the payment file, which may be up to 4 days early for government benefits like SSI or SSDI, and up to 2 days early for other deposits. Early access is available at no additional cost.

² Purple Companion is intended for informational purposes only and should not be considered legal, financial, or tax advice. Please consult a qualified professional for personalized guidance.

³ Income Monitoring is for informational purposes only and may not capture all income sources or reporting requirements. Please continue to track your income and consult the SSA for any concerns about your benefits.

Coming soon features are currently in development and subject to change without notice.

bottom of page