Remember when you filed your Social Security disability claim that they asked for your bank account information? Even if you don’t remember it, I assure you they did ask for it and you gave them your bank account information, if you had a bank account. (I have clients argue with me about this but they’re always wrong!) It’s now three years later and you’ve finally been approved for Social Security disability benefits. Can you guess where I’m going with this? Right, you may have closed that bank account since you filed your claim but Social Security doesn’t know this. Unless you tell them quickly, they’re going to try to deposit your benefits into a closed bank account. The money will bounce back and you’ll suffer delay in getting your benefits.
Your solution to this problem is to contact Social Security as quickly as possible after you find out you’ve been approved if your old bank account has closed. You can give them the new bank account information or let them know you have no bank account so they can send you a check. I do mean that you should contact Social Security right away. Most of the time it takes a month or more before the money comes in but not always. Sometimes, it comes in within days.
By the way, it’s not the end of the world if your direct deposit bounces back because your old bank account is closed. It’s just going to add a month or two of unnecessary delay.
If you’re in NC and want help with your Social Security disability claim, call Hall & Rouse, P.C. at 1-866-425-5347
