what is the importance of a social security number?
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The Purpose of Having a Social Security Number. A Social Security number (SSN) is a nine-digit number that the U.S. government issues to all U.S. citizens and eligible U.S. residents who apply for one. The government uses this number to keep track of your lifetime earnings and the number of years worked.
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CLASS. The United States Social Security number (SSN) is issued to U.S. citizens, permanent residents, or legal working immigrants for tax purposes. ... A Social Security account number is the same thing as a Social Security number.
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The Social Security Administration has consistently stated as follows: "The Social Security Act does not require a person to have a Social Security number (SSN) to live and work in the United States, nor does it require an SSN simply for the purpose of having one."
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If you are applying for a Driver License or Identification (ID) card, you must provide your complete Social Security Number (SSN).‡ Examples of documents to verify your SSN include: Social Security Card.
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En español | ﻿Social Security numbers are the skeleton key to identity theft. ... This is no emergency but a ploy to get money and personal data: Social Security does not block or suspend numbers, ever. This con is sometimes executed via robocall — the recording provides a number for you to call to remedy the problem.
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The United States assigns citizens unique Social Security numbers (SSN) that keep track of taxes and benefits, and it has done so for years. ... For example, the country's neighbor to the north, Canada, does the same thing, but calls them Social Insurance numbers, or SIN.
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Social Security Number Verification System is an application that allows employers and third party representatives to verify the names and Social Security numbers (SSN's) of employees against Social Security records.
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Yes, insurance companies and financial institutions often require the social security number of all beneficiaries to ensure that benefits are paid to the right person. If you don't want to provide that number, check with the company to see if they can assign you a identifying number.
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More importantly, if you Google your social security number and then click on a link, that information is passed along to the site you visit, meaning you will have just handed your social security number to them (though not your name unless you were put that into the search box as well).
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Officially, the primary purpose of the Social Security Card is to demonstrate that you have been assigned a valid Social Security Number (SSN) which is to be used to deduct taxes required by law from the wages you earn from your job.
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A Social Security Number is NOT required to open a paypal account. If you do not plan on selling anything and only will use the account to purchase items, paypal may never require your social security number.
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A Social Security Number, or SSN, is important in background screening because it is used to verify identity, retrieve address history, and can be used as an identifier (when it is available).
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Banks also require you to have either a valid Social Security number (SSN) or individual taxpayer identification number (TIN) to open a checking account. If you have an SSN, bring your Social Security card with you to the bank so the representative can verify the document.
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SSNs are often used in the private sector as a means to authenticate the identity of individuals seeking financial or other transactions. Except in those few situations where your SSN is required by federal law (see below), you are not legally compelled to provide your SSN to private businesses.
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A Social Security number is needed to work and to collect Social Security benefits. Only non-citizens authorized to work in the U.S. are eligible for a Social Security number. Those on a non-employment based temporary visa (like ESTA) without work authorization are not permitted to apply for a social security number.
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Once someone has your Social Security number, they can essentially become you. They may be able to collect tax refunds, collect benefits and income, commit crimes, make purchases, set up phone numbers and websites, establish residences, and use health insurance—all in your name.
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In the United States, a Social Security number (SSN) is a nine-digit number issued to U.S. citizens, permanent residents, and temporary (working) residents under section 205(c)(2) of the Social Security Act, codified as 42 U.S.C.