[Federal Register Volume 88, Number 243 (Wednesday, December 20, 2023)]
[Notices]
[Page 88209]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2023-27955]
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SOCIAL SECURITY ADMINISTRATION
[Docket No. SSA-2023-0047]
Rate for Assessment on Direct Payment of Fees to Representatives
in 2024
AGENCY: Social Security Administration.
ACTION: Notice.
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SUMMARY: The Social Security Administration (SSA) is announcing the
assessment percentage rate under the Social Security Act (Act) is 6.3
percent for 2024.
FOR FURTHER INFORMATION CONTACT: Mona B. Ahmed, Associate General
Counsel for Program Law, Office of the General Counsel, Social Security
Administration, 6401 Security Boulevard, Baltimore, MD 21235-6401.
Phone: (410) 965-0600, email: [email protected].
SUPPLEMENTARY INFORMATION: A claimant may appoint a qualified
individual as a representative to act on their behalf in matters before
the SSA. If the claimant is entitled to past-due benefits and was
represented either by an attorney or by a non-attorney representative
who has met certain prerequisites, the Act provides that we shall
withhold up to 25 percent of the past-due benefits and use that money
to pay the representative's approved fee directly to the
representative.
When we pay the representative's approved fee directly to the
representative, we must collect from that fee payment an assessment to
recover the costs we incur in determining and paying representatives'
fees. The Act provides that the assessment we collect will be the
lesser of two amounts: a specified dollar limit; or the amount
determined by multiplying the fee we are paying by the assessment
percentage rate.\1\
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\1\ 42 U.S.C. 406(d), 406(e), and 1383(d)(2).
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The Act initially set the dollar limit at $75 in 2004 and provides
that the limit will be adjusted annually based on changes in the cost-
of-living.\2\ Currently, the maximum dollar limit for the assessment is
$117, as we announced in the Federal Register on October 23, 2023 (88
FR 72803).
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\2\ 42 U.S.C. 406(d)(2)(A) and 1383(d)(2)(C)(ii)(I).
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The Act requires us, each year, to set the assessment percentage
rate at the lesser of 6.3 percent or the percentage rate necessary to
achieve full recovery of the costs we incur to determine and pay
representatives' fees.\3\ Based on the best available data, we have
determined that the current rate of 6.3 percent will continue for 2024.
We will continue to review our costs for these services on a yearly
basis.
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\3\ 42 U.S.C. 406(d)(2)(B)(ii) and 1383(d)(2)(C)(ii)(II).
Chad Poist,
Deputy Commissioner, Office of Budget, Finance, and Management, Social
Security Administration.
[FR Doc. 2023-27955 Filed 12-19-23; 8:45 am]
BILLING CODE 4191-02-P