If you see SSA TREAS 310 XXXSOC on your bank statement then it means you have received a social security payment. Here, SSA refers to Social Security Administration and 310 refers to ACH transactions. On the other hand, SOC refers to Social Security.
Key Takeaways
- Social Security Administration is an independent U.S. federal government agency
- If you are a USA citizen and a worker then you can qualify for social security benefits, if your age is 62 or older or you are disabled or blind
- If you can insure yourself with enough credit then you can also qualify for the social security benefits
- The monthly amount for Social Security disability range from $800 and $1,800 per month
What is Social Security?
Social security is a social insurance program by Social Security Administration (SSA). Social Security Administration is an independent U.S. federal government agency. On August 14, 1935, President Roosevelt signs the Social Security Act and introduced this insurance program. Since its introduction, Social Security is the most successful anti-poverty program in USA’s history.
The main aim of this insurance program is to provide financial protection against the loss of earnings due to retirement, death, or disability. Retired workers or their family members receive monthly benefits from the Old-Age and Survivors Insurance (OASI) Trust Fund. On the other hand, disabled people receive monthly benefits from the Disability Insurance (DI) Trust Funds. Below is the number of beneficiaries who have received benefits from Social Security (at the end of December 2021) –
- All beneficiaries: 65,228,238
- Retired workers and dependents: 50,146,111
- Survivors: 5,864,047
- Disabled workers and dependents: 9,218,080
Total Number of Social Security Recipients (Social Security Beneficiary Data, 1967 – 2022)
| End of Quarter | Total | |
| Number of Beneficiary | Average Amount | |
| Mar 1967 Jun 1967 Sep 1967 Dec 1967 Mar 1968 Jun 1968 Sep 1968 Dec 1968 Mar 1969 Jun 1969 Sep 1969 Dec 1969 Mar 1970 Jun 1970 Sep 1970 Dec 1970 Mar 1971 Jun 1971 Sep 1971 Dec 1971 Mar 1972 Jun 1972 Sep 1972 Dec 1972 Mar 1973 Jun 1973 Sep 1973 Dec 1973 Mar 1974 Jun 1974 Sep 1974 Dec 1974 Mar 1975 Jun 1975 Sep 1975 Dec 1975 Mar 1976 Jun 1976 Sep 1976 Dec 1976 Mar 1977 Jun 1977 Sep 1977 Dec 1977 Mar 1978 Jun 1978 Sep 1978 Dec 1978 Mar 1979 Jun 1979 Sep 1979 Dec 1979 Mar 1980 Jun 1980 Sep 1980 Dec 1980 Mar 1981 Jun 1981 Sep 1981 Dec 1981 Mar 1982 Jun 1982 Sep 1982 Dec 1982 Mar 1983 Jun 1983 Sep 1983 Dec 1983 Mar 1984 Jun 1984 Sep 1984 Dec 1984 Mar 1985 Jun 1985 Sep 1985 Dec 1985 Mar 1986 Jun 1986 Sep 1986 Dec 1986 Mar 1987 Jun 1987 Sep 1987 Dec 1987 Mar 1988 Jun 1988 Sep 1988 Dec 1988 Mar 1989 Jun 1989 Sep 1989 Dec 1989 Mar 1990 Jun 1990 Sep 1990 Dec 1990 Mar 1991 Jun 1991 Sep 1991 Dec 1991 Mar 1992 Jun 1992 Sep 1992 Dec 1992 Mar 1993 Jun 1993 Sep 1993 Dec 1993 Mar 1994 Jun 1994 Sep 1994 Dec 1994 Mar 1995 Jun 1995 Sep 1995 Dec 1995 Mar 1996 Jun 1996 Sep 1996 Dec 1996 Mar 1997 Jun 1997 Sep 1997 Dec 1997 Mar 1998 Jun 1998 Sep 1998 Dec 1998 Mar 1999 Jun 1999 Sep 1999 Dec 1999 Mar 2000 Jun 2000 Sep 2000 Dec 2000 Mar 2001 Jun 2001 Sep 2001 Dec 2001 Mar 2002 Jun 2002 Sep 2002 Dec 2002 Mar 2003 Jun 2003 Sep 2003 Dec 2003 Mar 2004 Jun 2004 Sep 2004 Dec 2004 Mar 2005 Jun 2005 Sep 2005 Dec 2005 Mar 2006 Jun 2006 Sep 2006 Dec 2006 Mar 2007 Jun 2007 Sep 2007 Dec 2007 Mar 2008 Jun 2008 Sep 2008 Dec 2008 Mar 2009 Jun 2009 Sep 2009 Dec 2009 Mar 2010 Jun 2010 Sep 2010 Dec 2010 Mar 2011 Jun 2011 Sep 2011 Dec 2011 Mar 2012 Jun 2012 Sep 2012 Dec 2012 Mar 2013 Jun 2013 Sep 2013 Dec 2013 Mar 2014 Jun 2014 Sep 2014 Dec 2014 Mar 2015 Jun 2015 Sep 2015 Dec 2015 Mar 2016 Jun 2016 Sep 2016 Dec 2016 Mar 2017 Jun 2017 Sep 2017 Dec 2017 Mar 2018 Jun 2018 Sep 2018 Dec 2018 Mar 2019 Jun 2019 Sep 2019 Dec 2019 Mar 2020 Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 | 22,219,305 22,478,870 22,673,659 22,978,898 23,164,278 23,419,273 23,684,480 23,886,320 24,090,067 24,242,978 24,566,941 24,708,654 25,128,541 25,185,572 25,439,377 25,700,924 25,914,653 26,587,933 26,817,466 27,017,555 27,399,103 27,731,761 28,065,659 28,351,848 28,689,764 28,938,519 29,513,677 29,758,800 29,909,039 30,179,977 30,575,739 30,868,118 31,123,143 31,414,855 31,861,668 32,175,608 32,273,274 32,475,109 32,835,497 33,040,455 33,160,053 33,540,853 33,923,098 33,997,319 33,922,435 34,242,318 34,453,027 34,675,624 34,615,106 34,769,910 35,012,958 35,129,269 35,118,759 35,331,155 35,526,086 35,758,794 35,709,830 35,753,690 35,930,048 36,088,849 35,390,772 35,509,619 35,777,795 35,977,526 35,725,790 35,841,324 36,033,976 36,213,603 36,039,280 36,255,808 36,438,574 36,639,290 36,649,658 36,841,965 37,026,698 37,219,301 37,320,700 37,493,516 37,683,434 37,886,660 37,951,960 38,072,814 38,171,185 38,305,065 38,420,542 38,533,698 38,612,903 38,694,122 38,859,147 39,002,498 39,141,080 39,273,691 39,470,405 39,667,096 39,824,692 39,942,112 40,172,380 40,400,094 40,586,874 40,746,109 41,029,432 41,288,396 41,503,506 41,634,750 41,840,193 42,074,956 42,243,262 42,301,932 42,516,490 42,713,069 42,881,850 42,960,588 43,107,602 43,283,288 43,386,232 43,362,571 43,498,146 43,649,017 43,736,183 43,645,764 43,792,551 43,873,097 43,970,692 43,939,389 44,075,580 44,171,651 44,245,506 44,246,769 44,366,526 44,471,328 44,595,481 44,611,155 45,166,596 45,301,599 45,414,705 45,582,245 45,668,601 45,725,877 45,877,465 46,063,633 46,176,425 46,277,280 46,444,296 46,611,633 46,753,392 46,867,748 47,038,475 47,212,225 47,368,570 47,467,774 47,687,713 47,998,570 48,035,288 48,258,085 48,434,436 48,730,487 48,862,860 48,942,696 49,122,826 49,439,472 49,597,688 49,658,603 49,864,978 50,234,294 50,417,219 50,569,502 50,898,396 51,478,967 51,859,038 52,171,954 52,522,819 53,049,939 53,397,574 53,655,661 54,032,097 54,505,762 54,815,203 55,068,928 55,404,480 55,889,002 56,174,638 56,447,043 56,758,185 57,201,752 57,469,232 57,694,711 57,978,610 58,340,954 58,575,120 58,766,911 59,007,158 59,323,399 59,545,343 59,737,817 59,963,425 60,324,376 60,541,218 60,661,228 60,907,307 61,262,278 61,480,790 61,642,036 61,903,360 62,233,678 62,464,682 62,662,065 62,906,222 63,105,206 63,325,494 63,572,007 63,793,296 64,064,496 64,508,104 64,687,657 64,750,224 64,850,867 64,914,883 65,032,991 65,126,026 65,228,238 65,448,701 | $73.29 $73.46 $73.75 $73.92 $84.73 $84.80 $85.05 $85.24 $85.53 $85.85 $86.18 $86.47 $100.42 $100.59 $100.96 $101.35 $101.69 $112.43 $113.01 $113.22 $113.62 $113.92 $138.10 $138.70 $142.06 $142.58 $143.40 $143.99 $155.10 $161.43 $162.21 $163.02 $163.58 $177.70 $178.37 $179.29 $179.84 $192.60 $193.73 $194.95 $195.68 $208.67 $209.84 $211.16 $212.14 $226.83 $228.31 $229.86 $231.53 $255.66 $257.14 $258.37 $259.29 $297.65 $299.18 $300.75 $302.12 $337.27 $339.26 $340.84 $341.96 $369.90 $370.97 $372.10 $373.87 $376.68 $378.03 $393.15 $394.26 $396.07 $396.70 $412.21 $413.00 $414.74 $415.85 $429.35 $430.01 $431.29 $432.47 $438.76 $439.55 $440.88 $442.03 $461.35 $462.67 $463.55 $464.79 $484.01 $485.53 $486.43 $487.72 $511.89 $512.75 $513.83 $515.22 $544.52 $544.98 $545.89 $547.12 $568.55 $568.84 $569.52 $570.68 $588.90 $589.02 $589.79 $590.98 $607.48 $607.74 $608.43 $609.85 $628.14 $628.41 $629.48 $631.09 $648.77 $650.09 $651.09 $652.65 $672.81 $673.84 $675.23 $677.16 $692.82 $693.50 $694.99 $696.84 $707.39 $708.21 $709.93 $711.80 $730.53 $731.65 $737.14 $739.71 $767.35 $769.11 $770.77 $773.54 $795.69 $797.60 $799.52 $801.72 $815.05 $816.81 $818.80 $821.06 $840.62 $842.74 $844.53 $846.83 $871.80 $873.97 $876.33 $877.57 $915.71 $918.80 $921.02 $922.98 $955.53 $958.28 $960.59 $963.03 $987.03 $989.79 $992.13 $995.03 $1,054.38 $1,057.00 $1,059.25 $1,062.06 $1,064.41 $1,066.93 $1,069.18 $1,072.23 $1,074.33 $1,076.73 $1,079.01 $1,081.98 $1,122.89 $1,125.10 $1,127.73 $1,130.94 $1,152.79 $1,155.96 $1,158.99 $1,162.20 $1,182.24 $1,185.36 $1,188.31 $1,191.70 $1,214.99 $1,218.26 $1,221.42 $1,224.81 $1,228.12 $1,231.42 $1,234.98 $1,239.04 $1,246.45 $1,250.96 $1,254.78 $1,259.06 $1,288.02 $1,293.06 $1,297.15 $1,301.59 $1,342.00 $1,347.06 $1,351.51 $1,356.05 $1,381.79 $1,387.26 $1,392.53 $1,398.15 $1,421.68 $1,427.64 $1,433.23 $1,439.07 $1,530.09 $1,536.94 |
Social Security Payment and Deposit Format
| Position | Data Element Type | Length | Content |
| 01 – 01 | Record Type Code | 1 | ‘7’ |
| 02 – 03 | Addenda Type Code | 2 | ‘05’ |
| 04 – 05 | Ansi X12 Data Segment Identifier | 2 | ‘N1’ – Party Identification |
| 06 – 06 | Ansi X12 Data Element Delimiter | 1 | ‘*’ |
| 07 – 08 | Ansi X12 Entity Identifier Code | 2 | ‘La’ – Attorney/Representative |
| 09 – 09 | Ansi X12 Data Element Delimiter | 1 | |
| 10 – 31 | Ansi X12 Name | 22 | Representative Name |
| 31 – 32 | Ansi X12 Data Segment Delimiter | 1 | ‘\’ |
| 33 – 34 | Ansi X12 Data Segment Identifier | 2 | ‘N1’ – Party Identification |
| 35 – 35 | Ansi X12 Data Element Delimiter | 1 | ‘*’ |
| 36 – 37 | Ansi X12 Entity Identifier Code | 2 | ‘Be’ – Beneficiary |
| 38 – 38 | Ansi X12 Data Element Delimiter | 1 | ‘*’ |
| 39 – 60 | Ansi X12 Name | 22 | Beneficiary Name |
| 61 – 61 | Ansi X12 Data Element Delimiter | 1 | ‘*’ |
| 62 – 63 | Ansi X12 Identification Code Qualifier | 2 | ‘34’ – Social Security Number |
| 64 – 64 | Ansi X12 Data Element Delimiter | 1 | ‘*’ |
| 65 – 73 | Ansi X12 Identification Code | 9 | Beneficiary’s Own Account Number |
| 74 – 74 | Ansi X12 Data Segment Delimiter | 1 | ‘\’ |
| 75 – 83 | Filler | 9 | Spaces |
| 84 – 87 | Addenda Sequence Number | 4 | ‘0001’ |
| 88 – 94 | Entry Detail Sequence Number | 7 | 7 Last 7 Digits Of Trace Number From Entry Detail Record |
Who can qualify for Social Security Benefits?
If you are a USA citizen and a worker then you can qualify for social security benefits. You can qualify for social security benefits if your age is 62 or older or you are disabled or blind. Moreover, you can also qualify for SS benefits if you can insure yourself with enough work credits. The below table will give you a clear idea –
| Born After 1929 Become Disabled at Age | Work Credits Needed |
| Before age 24 | 6 credits |
| Age 24 to 31 | 12 credits |
| 31 through 42 | 20 |
| 44 | 22 |
| 46 | 24 |
| 48 | 26 |
| 50 | 28 |
| 52 | 30 |
| 54 | 32 |
| 56 | 34 |
| 58 | 36 |
| 60 | 38 |
| 62 or older | 40 |
FAQs about What is the SSA TREAS 310 XXXSOC on Bank Statement
Why did I get a deposit from IRS TREAS 310?
You can get a deposit from IRS TREAS 310 because of filed tax return, amendment, or tax adjustment. According to CNET, 310 refers to ACH direct deposit from a filed tax return. So, if your bank statement has IRS TREAS 310 then it is most likely you have received a tax return.
What is the monthly amount for Social Security disability?
The answer to this question depends on quite a few things like pension, worker’s compensation, etc. Usually, the monthly amount for Social Security disability range from $800 and $1,800 per month.
What is considered to be a permanent disability?
If there is an accident, or illness that affects the general life function of an individual for a long period then the condition is considered a permanent disability.
How is PPD calculated?
Usually, the Permanent Partial Disability (PPD) is calculated at seventy-five percent (75%) of the Temporary Total Disability (TTD) benefit. The TTD benefit is calculated at two-thirds of the Average Weekly Wage (AWW) of a worker. On the other hand, a worker’s AWW is calculated from the last 52 weeks’ wages.
References:
https://www.avvo.com/legal-answers/why-did-i-get-a-direct-deposit-from-ssa-treas-310–5399445.html
https://www.justanswer.com/social-security/9z7la-does-social-security-310-mean-collecting.html