Life Options Payee Program is hired by you, the client, to manage your funds and pay the bills that you designate the company to pay for you. You are always in control of your money. You direct where the money will be spent, and how much money you would like to receive for spending money each month. You can also ask for a financial statement at any time of the month to ensure that your money is being spent wisely.

Life Options of W.TN.INC. is a not-for-profit corporation started in 2007. The company is insured and bonded which guarantees its’ customers/clients that money entrusted in the company is safe from theft and/or misuse. Life Options is also sanctioned and monitored by the Social Security Administration. In other words, the Social Security Administration audits your account on a regular basis to ensure that your money is being managed by its guidelines which are set by the Administration. In fact,the Social Security Administration refers individuals who are having trouble with finances to Life Options for the management of their funds.

Individuals who are finding it more difficult to manage their money, keep up with bill payments and/or lack of spending money for day-to-day items.

Individuals who find that their memory is not as good as it used to be and are misplacing financial and other statements that are needed to maintain monthly finances.

Individuals who would like more enjoyment in their life without having to worry about their finances each month.
Individuals who may be in poor health and cannot maintain their monthly finances on their own.

NO! When Life Options contracts with you to manage your financial affairs, Life Options takes full responsibility for all financial matters. In other words, if a bill is paid late, Life Options will be responsible for payment of the late fee and any other fees or penalties attached to the bill payment.

Life Options many times can negotiate better rates and lower payments on bills due to the volume of members that are served by the company. Thus sometimes you may find that you have more spending money that you can enjoy in your day to day spending or for big luxury items that you would like to obtain.

Yes, a minimal fee (set by the Social Security Administration) is charged each month for the management of your funds. This charge is subtracted from your account each month and is reflected on your monthly financial statement. Some individuals report not noticing this fee due to the savings Life Options provides them by lower payments to billing institutions.

Billing institutions such as apartment buildings, telephone and cable companies, credit card companies, etc., enjoy working with representative payee companies such as Life Options as they know their payments will be received on time and not have to
worry about tracking customers to receive monthly payment of debts.

They also know that representative payee companies are governed and monitored by the United States Government (Social Security Administration) guaranteeing that bills will always be paid and that individual bankruptcies or mismanagement of funds will not prohibit the collection of debts.

1. Contact a financial counselor from Life Options to sit down with you and discuss your financial goals and concerns.

2. Your counselor will review your bills and income for the month and devise a plan with your guidance that will work for you in meeting your financial objectives, (most importantly, the counselor must have your approval of your plan before it is put into place).

3. The Life Options counselor will collect all of your financial statements and then set up a direct deposit account with the Social Security Administration for the direct deposit of your monthly checks in a bank account set up for you only.

4. The Life Options counselor will contact all of your billing institutions about the billing arrangements and the payment of your monthly obligations.

5. The Life Options counselor will then discuss, with your approval, the amount and how often your spending money will be distributed to you as well as how much money you would like to deposit into your savings account.

6. You, the member, will then sign a contract of your understanding of this new financial partnership to be held on file for the Social Security Administration, (all contracts may be renegotiated or terminated anytime the member desires).