Social Security Direct Deposit Sign Up Form Page 2

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PLEASE READ THIS CAREFULLY
PRIVACY ACT NOTICE
Your social security number and the other information requested will allow the federal government to make
payments to you by Direct Deposit. This collection of information is authorized by Title 31 of the United States
Code, Section 3332(g). Also, Executive Order 9397, November 22, 1943, authorizes the use of your social
security number. Your social security number is requested to ensure the accurate identification and retention
of records pertaining to you and to distinguish you from other recipients of federal payments.
This information will be disclosed to the Department of the Treasury or another disbursing official to process
federal payments to you by Direct Deposit. This information may also be disclosed to a court, congressional
committee or another government agency as authorized or required by federal law and to your financial
institution to verify receipt of your federal payments. Although providing the requested information is
voluntary, your Direct Deposit payment may be delayed or Treasury may be unable to send it if you fail to
provide the information.
SPECIAL NOTICE TO JOINT ACCOUNT HOLDERS
If your account is a joint account and receives Direct Deposit benefit payments, you must inform the federal
agency and the financial institution of the death of a beneficiary. Payments sent by Direct Deposit after the
date of death or ineligibility of a beneficiary (except for salary payments) must be returned to the federal
agency. The federal agency will then determine if the survivor is eligible for benefits.
CANCELLATION
Your payment will be sent by Direct Deposit until the federal agency that issues the payments is notified to cancel,
such as in the case of death or legal incapacity of the payment recipient.
Your financial institution may cancel your Direct Deposit authorization. Your financial institution is required to
give you written notice 30 days in advance of the cancellation date. If this occurs, you must notify the federal
agency that the Direct Deposit authorization was cancelled.
(NOTE: If you are initiating direct deposit to a savings account
you may need to contact your bank for the correct routing and account numbers.)
BURDEN ESTIMATE STATEMENT
The estimated average time (burden hours) associated with filling out this paperwork is 10 minutes per respondent or recordkeeper,
depending on individual circumstances. Comments concerning the accuracy of this time estimate and suggestions for reducing the
burden should be directed to the Financial Management Service, Administrative Programs Division, Records and Information
Management Program, 3700 East-West Highway, Room 135, Hyattsville, MD 20782. THIS ADDRESS SHOULD ONLY BE USED
FOR COMMENTS AND/OR SUGGESTIONS CONCERNING THE AMOUNT OF TIME SPENT COLLECTING THE DATA. DO NOT
SEND THE COMPLETED PAPERWORK TO THE ADDRESS ABOVE FOR PROCESSING.

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