Social security cards have become a very important part of life for citizens of the United States, and the cards are an important document to open a bank account. It has turned out to be a vulnerable element in case of theft or misplaced. Awareness is being created amongst the people of the United States to safeguard their social security number.
Table of Contents
What Needs To Be Done In Case Of Theft Or Lost:
Applying for a replacement social security card is quite easy. The moment you realize that you have lost your card you must contact your financial service providers and intimate them to block your card as soon as possible, by doing so you can eliminate the possibility for the misuse of your number. You can obtain your social security card using application filing service.
The Main Purposes Of The Social Security Card:
To attain any benefits from the federal government, you will have to provide your social security number.
Your employer will ask you for the SSN in your social security card because by law your employer is required to obtain your social security number to report your income to the IRS. Also, this number is used to report your social security wages to the SSA.
To open an account in any financial sector in the United States, your banking officials will ask you for your social security number.
To obtain any federal loans, you will have to submit your social security number. With your social security number, the federal government will scrutinize your income and your contribution to social security. And decide your eligibility for the loan.
To Obtain Social Security Retirement Benefits:
After your retirement, the federal government will use your social security number to scrutinize your contribution to the social security with the details registered under your number the government will calculate your social benefit payments.
Every citizen of the United States can apply for the social security retirement benefits once they attain 62 years of age.
To Obtain Social Security Survivor Benefits:
In case of an accident in an individual’s life during the working period that unfortunately results in the death of the worker, the benefactors of the worker’s family can avail social security survivor benefits.
Concerns Over The Identity Theft:
Anyone who knows your social security number can misuse the number and damage your reputation in the society. Since it is just a nine-digit number, it becomes quite easy for the scammers to misuse it. Possibilities are high that they can hack your bank account too.