Social Security: What is the SSA TREAS 310 XXXSOC on Bank Statement

Social Security: What is the SSA TREAS 310 XXXSOC on Bank Statement

Social security is a part of the retirement plan for every worker in the USA. Social security offers financial security and economic freedom to USA citizens. 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.

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.

What is the SSA TREAS 310 XXXSOC on Bank Statement
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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 QuarterTotal
Number of BeneficiaryAverage 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

PositionData Element TypeLengthContent
01 – 01Record Type Code1‘7’
02 – 03Addenda Type Code2‘05’
04 – 05Ansi X12 Data Segment Identifier2‘N1’ – Party Identification
06 – 06Ansi X12 Data Element Delimiter1‘*’
07 – 08Ansi X12 Entity Identifier Code2‘La’ – Attorney/Representative
09 – 09Ansi X12 Data Element Delimiter1 
10 – 31Ansi X12 Name22Representative Name
31 – 32Ansi X12 Data Segment Delimiter1‘\’
33 – 34Ansi X12 Data Segment Identifier2‘N1’ – Party Identification
35 – 35Ansi X12 Data Element Delimiter1‘*’
36 – 37Ansi X12 Entity Identifier Code2‘Be’ – Beneficiary
38 – 38 Ansi X12 Data Element Delimiter1‘*’
39 – 60Ansi X12 Name22Beneficiary Name
61 – 61Ansi X12 Data Element Delimiter1‘*’
62 – 63Ansi X12 Identification Code Qualifier2‘34’ – Social Security Number
64 – 64 Ansi X12 Data Element Delimiter1‘*’
65 – 73Ansi X12 Identification Code9Beneficiary’s Own Account Number
74 – 74Ansi X12 Data Segment Delimiter1‘\’
75 – 83Filler9Spaces
84 – 87Addenda Sequence Number4‘0001’
88 – 94Entry Detail Sequence Number77 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 AgeWork Credits Needed
Before age 246 credits
Age 24 to 3112 credits
31 through 4220
4422
4624
4826
5028
5230
5432
5634
5836
6038
62 or older40

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

Last Updated on August 7, 2022 by Ana S. Sutterfield

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