Form SSA-2574. Information About Joint Checking/Savings Accounts Supplemental Security Income
Form SSA-2574, the Information About Joint Checking/Savings Accounts Supplemental Security Income, is used to gather information about joint checking or savings accounts that may affect eligibility for Supplemental Security Income (SSI). The primary purpose of this form is to collect details about joint accounts that could impact the calculation of SSI benefits.
For example, when an individual receiving SSI has a joint checking or savings account, they would use this form to provide information about the account, including the names of account holders and the balance. The purpose is to assess the impact of joint accounts on SSI eligibility and benefits.
The parties involved are individuals receiving SSI and the SSA. The form consists of sections for the recipient's information, details about the joint account, and account holder information. Honest and accurate reporting is important to determine SSI eligibility and benefits accurately when joint accounts are involved.