Decision Factors: The FO should contact the payee to ensure adequate funds are being spent for the beneficiary's
well-being in the following scenarios:
Conserved funds reported is less than 20% of the Total Accountable Amount (TAA) and
the TAA is greater than $25,000; or
Conserved funds reported is less than 20% of previously recorded conserved funds and
previously recorded conserved funds is greater than $5,000; or
For Title II cases, conserved funds are greater than $10,000.
Compute 25% of the Total Accountable Amount (if there is only one beneficiary).
Decision Factors: Apply this instruction only if the reported conserved funds (CF) is $5000 or more
for any beneficiary and you are contacting the payee to resolve some other issue.
REMINDER: If the payee reported for more than one child on an SSA-6230-OCR-SM, divide the benefits
paid amount shown on line 1 under item 3 by the number of children displayed on the
report. Add each child's portion of that amount to the CF amount displayed for that
child in the top portion of the form.
Is the current amount of conserved funds greater than 25% of the conserved funds plus
each child's portion of the benefits paid amount?
If yes, Approve the amount of conserved funds.
If no, Contact the payee for an explanation.
EXAMPLE: The payee reported savings of $4000 for each of 3 children shown in Question 3C on
a SSA-6230-OCR-SM. The benefits paid amount shown in line 1 under Question 3 is $10,500.
The CF amount displayed in the top portion of the form for C1 is $2000; CF for C2
is $6000; CF for C3 is $8000.
Determine each child's portion of the benefits paid amount:
$10,500 divided by 3 = $3500.
CF for C1 is less than $5000. Stop for C1.
For C2, CF plus benefits paid amount = $9,500; 25% = $2375.
For C3, the sum is $11,500; 25% = $2875.
Since the payee reported current savings greater than 25% of the CF plus the benefits
paid amount for both C2 and C3, no further development action is necessary.