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Where are money gifts to Social Security deposited?

June 8, 2008 by admin

140. Where are money gifts to Social Security deposited?

Unconditional money gifts to Social Security may be accepted and deposited in whatever Social Security trust fund is designated by the donor. If no specific fund is designated, the gift is deposited in the Federal Old-Age and Survivors Insurance Trust Fund.

Last Revised: Apr. 18, 2006

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