What does SA TREAS 310 XXSOC SEC PPD refer to? (2024)

FAQs

What does SA TREAS 310 XXSOC SEC PPD refer to? ›

From ssa.gov. According to my web search, SSA TREAS 310 XXSOC SEC is a code for a deposit from the Social Security Administration (SSA)1.It could be a regular payment or a special payment for retirement, disability, or other benefits2. You can call the SSA at 1-***-***-**** to confirm the details of your deposit3.

Social Security benefits

Sometimes, due to changes in your income or tax laws, you may have overpaid your taxes on these benefits. In such cases, the IRS will issue a refund for the excess tax withheld, which will be noted as IRS Treas 310 on your bank statement.

If you received extra money from Social Security this month, one possible explanation is that the payment is for the back benefits you are owed by the Social Security Disability program.

Permanent partial disability (PPD) is a workers' compensation benefit for people who've recovered from a job-related injury, but are left with a lasting impairment. Social Security defines disability differently, awarding benefits to people who are "totally" disabled and can't work full-time.

IRS TREAS 310 signals an ACH direct deposit refund or stimulus payment resulting from a filed tax return, amendment, or tax adjustment. According to CNET, 310 is a code that identifies the transaction as a refund from a filed tax return in the form of a direct deposit.

What Does IRS Treas 310 Mean On My Bank Statement? 'IRS Treas 310' is a code that identifies a direct deposit from the U.S. Department of the Treasury, typically signifying a tax refund from your recently filed U.S. tax return.

Supplemental Security Income (SSI) payments occur on the first of each month.

There's really no “bonus” that retirees can collect. The Social Security Administration (SSA) uses a specific formula based on your lifetime earnings to determine your benefit amount.

calling Social Security toll-free at 1-800-772-1213 (TTY 1-800-325-0778), or.

Typically, when the SSA decides to start an investigation, they will have an investigator follow you at your Consultative Exam. The people who follow you are not police officers. The reason the SSA may spy on you at your Consultative Exam is that they know you will be at the exam.

What does PPD mean on a deposit? ›

A PPD transaction is a payment entry originated by the agent from the consumer's account based on single-entry authorization from that consumer. PPD transactions should only be used when the consumer is physically present in the agent's office.

Prearranged Payment and Deposit is the Automated Clearing House format used by the federal government for consumer payments.

PPD. A Prearranged Payment and Deposit entry is a credit or debit to a consumer's bank account. The payment can be either single-use or recurring. In most B2C contexts, PPD is by far the most commonly used SEC code.

The deposit labeled SSA-TREAS-310-XXSOC-SEC in your bank checking account is a payment from the Social Security Administration (SSA) [1]. This deposit could be a regular payment or a special payment for retirement, disability, or other benefits [1].

Several federal benefits programs provide financial assistance to seniors and persons living with disabilities. Supplemental Security Income (SSI) and Social Security Disability Insurance (SSDI) are two of the most common programs from the Social Security Administration (SSA).

The SBAD TREAS 310 Misc payment is the “advance” to the EIDL and it's a grant or subvention. The EIDL will be the total loan that you will have to pay in a 30 years period and it will be deposited within 2 to 3 weeks upon receiving the “grant”.

Often the check comes in the mail with no explanation whatsoever. But don't fret. Sooner or later the IRS will send you a letter detailing why they sent you an amount different from the one you were expecting. Don't ask me why they don't send the letter with the check.

Your social security number is not linked to a federal reserve bank. It's just a sequential or random number (depending on when it was assigned).