When Opening An Account With Any Us Financial Institution
Since 1970, the federal government has required banks to obtain customers Social Security numbers or an Individual Taxpayer Identification Number .Financial institutions use your SSN to check your credit, to report your interest and investment income or losses to the IRS, to report your tax-deductible mortgage interest to the IRS, and to manage your account.
As an alternative, some financial institutions will accept a taxpayer identification number , which youll need to apply for through the IRS.
Social Security Number Misuse
Sometimes more than one person uses the same Social Security number, either on purpose or not. You should let us know if someone is using a Social Security number that belongs to someone else.
Also, the Social Security card should not be used as an identification card.Because the Social Security card doesn’t have a photograph, other records are more reliable when identification is needed, such as cashing checks.
It is against the law to use someone else’s Social Security numberor to give false information when applying for a number. Also, it is illegal to alter, buy, or sell Social Security cards. Anyone convicted of these crimes is subject to stiff fines and/or imprisonment.
Protecting Your Social Insurance Number
Revised: July 2017
Your Social Insurance Number is a confidential number used for income reporting purposes. However, some organizations ask for the SIN for other reasons.
The SIN is important to privacy protection. It can open the door to your personal information and can put you at risk of fraud and identity theft.
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Why Do Insurers Need Your Social Security Number
Upon being founded, the Social Security Administration established a system that required the use of nine-digit numbers for the purposes of identifying workers and to track the taxes they paid. As experienced Phoenix Social Security disability lawyers know, Social Security numbers, or SSNs, are now used by local, state and federal governments for a number of other purposes. Theyre also routinely used by insurers, banks and other financial institutions.
Whats The Problem With Giving Them The Number
If you want to give them your social security number then you are welcome to do so. However, after decades of experience one fact we know to be true is that it is always better to give less information to the insurance adjuster rather than more. We have seen it time and time again a client gives what they believe to be innocent information over, only to have that used against them. We recommend erring on the side of caution and only providing what you are legally required to provide. That does not include a social security number.
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Why Provide Your Social Security Number
There are good reasons to provide your Social Security number in the letter to your executor.
Your Social Security number is the most reliable way to identify you and differentiate you from other people with the same name. After your death, the number will help your executor track down your records and identify exactly what belongs to you.
Places Where You Should Never Give Your Social Security Number
How to protect Your Social Security Number
I once asked a doctor why he wanted it. His response: “I don’t really know. I guess it’s because we’ve always asked for it.”
Almost every day somebody asks for your Social Security Number and, like the Grand Marshal of a parade throwing rose petals or candy to the crowd, you probably give it up without giving it a second thought — because that’s what you’ve always done.
So, the next time someone asks you for your Social Security number, reflect on this: In December, the Army announced that hackers stole the Social Security numbers of 36,000 visitors to Fort Monmouth in New Jersey, including intelligence officers.
Cyber activists took control of the CIA’s website. The private information, including some Social Security numbers, of celebrities and political leaders including FBI Director Robert Mueller and Secretary of State Hillary Clinton were exposed.
The sensitive data of First Lady Michelle Obama, Vice President Joe Biden and Attorney General Eric Holder, recently were posted on a website for the world to see.
Hackers even listened in on a phone call in which the FBI and Scotland Yard were discussing the criminal investigation against those very same hackers!
And, these incidents are only the crumbs on top of the coffee cake when you consider that hackers and thieves have improperly accessed more than 600 million consumer files since 2004.
Monty Python had it right
Don’t just hand it over
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How Paypal Is Set Up
Some people pose the question, Why is PayPal asking for my SSN information? or Does PayPal need your SSN? To answer this question, again, you need to further understand how PayPal generally operates.
The following information can be used to learn more about mobile money transfer services.
Do Not Turn Over Your Social Security Number
The very simple truth is that you are not required to give your social security number to the insurance adjuster and we recommend that you elect not to if they request it. It is likely that the response from the adjuster will be for them to tell you that it is mandatory for you to get your case resolved. In fact, some insurance companies may even try to refuse to provide a settlement check unless they have a social security number from the party they are issuing it to.
The bottom line is that this is nothing but a bullying tactic. They have no legal right to require your social security number. They are well within their rights to ask for it but if they do, you can simply say or, better yet, tell them they can discuss the issue with your personal injury attorney and refer them to us.
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Do I Have To Give Paypal My Social Security Number
To use the PayPal account, you must add certain details, primarily the following:
- Your bank account
- Your debit or credit card details
- Your contact information
When adding the account information, you can set one of the accounts as the default payment method and establish one as a back-up choice. Because PayPal has been in business for a fairly long time, you can find the pay by PayPal option on thousands of sites online.
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PayPal offers buyer protection, which safeguards you if you dispute a charge and want to request a refund. If you have a PayPal account and are a business, you can accept payments on your website, in-person with a card reader and app, and through online invoicing.
I can give you further details about the advantages of using this mobile online payment system and answer your questions about providing contact information. Email me at to learn more about your rights in this respect.
When Applying For A Federal Loan
The government will use your Social Security number to make sure youre eligible when you apply for a federal loan, such as a federal student loan. For example, to qualify for federal student loans, you must not be in default on another federal loan, you must have eligible citizenship or visitor status, and most male applicants must have registered with the Selective Service.
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Publication Of Social Security Number In Lawsuit
What are the Consequences of Publishing a Partys Personal Information in a Pending Lawsuit?
The case of Johnson v. Johnson and Bell, LTD., 2014 IL App 122677 , considered this issue and ruled that the litigation privilege precluded any liability.
Plaintiffs personal injury action against Target was removed to federal district court. In connection with the final pretrial memorandum, certain documents containing plaintiffs personal information including her social security number, date of birth, financial information and medical information were all filed. After a verdict for Target, plaintiff appealed to the 7th Circuit which is when plaintiffs counsel discovered that plaintiffs personal information had not been redacted by the defendants as plaintiffs counsel had requested pursuant to Fed. R. Civ. P. 5.2.
Plaintiff filed a motion in the trial court asking to have the pleadings redacted and for sanctions. The motion was granted in part. Plaintiff then filed another motion in the 7th Circuit which ordered certain exhibits placed under seal but again denied sanctions.
So, at the end of the day, we have a situation where a partys personal financial information was made public as part of the court record, albeit inadvertently, and given the chance to redact the materials to remove the personal information, took no steps to protect the information, and suffered no adverse consequences.
What Does The Prosecution Have To Prove
The prosecution must prove that the defendant intended to mislead, for the purpose of getting some benefit by using the Social Security Number.
Obviously, if it is proved that a Social Security Number is used with the intent of getting Social Security benefits you are not entitled to, or to steal from a legitimate beneficiary, or to collect a deceased persons benefits, to conceal financial assets or get SSI, or some other type of fraud to get money, it does violate 42 US Code 408.
Our lawyers are capable of representing clients that are facing federal prosecutions and government investigations for alleged violations of the federal laws described above.
Are You in need of Legal Assistance for a Federal Case? Do Not Wait! Call Our Firm Today and Speak to One of Our Highly Qualified Lawyers!
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What Social Security Cannot Do
If your Social Security number has been used to run up bills or obtain credit, Social Security cannot straighten out your credit record. You must contact each creditor or credit agency yourself. We cannot fix incorrect reports made by an employer to state unemployment or welfare offices. You will need to contact the state or local agency to correct your record.
Because there is no law concerning the use of a person’s Social Security number by a private individual or organization, Social Security has no control over such use.
Why Does Paypal Ask For Ssn Details When It Is Not A Bank
PayPal asks for SSN because it needs the data for sales or credit information. You do not need to provide your social security number for buying transactions. Legally, you are not obligated to supply the number as a buyer.
Does PayPal Require SSN?
PayPal requires SSN because if you sell and use PayPal, you must add an SSN or your EIN if you sell over $20,000 per year, AND record 200 selling transactions annually, whichever happens first.
The IRS requires that PayPal send sellers who record 200 transactions AND sell $20,000 or more in services or products an IRS form 1099. Your income should be reported at this level. This is the reason for PayPal requiring SSN.
Why Does PayPal need SSN?
PayPal requires Social Security Number to verify your identity. If you are a buyer, it is not standard practice to provide an SSN unless you apply for PayPal credit. When you sign up for a line of credit through PayPal, you need to provide the last four digits of your social security number. You also have to supply your SSN if you apply for a PayPal debit Mastercard, which requires your entire SSN.
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Is Paypal Asking For Ssn Information On A Secured And Reliable Site
Site security is enforced if you are worried about PayPal asking for Social Security Number details or similar account information. PayPal has enjoyed a good record with respect to security.
When you sign up for a PayPal account, you must add your credit card account number or banking account details. This information is required so your account can be verified.
When signing up at any siteeven secured platformsmake sure your site is free of trojan keyword viruses. Even a secure site can be hacked in these cases. You should also be cautious about the receipt of fake PayPal emails or phishing.
Some of the fake emails state that your PayPal account has been compromised and that PayPal needs to confirm your username and password. You can usually tell if an email is fake, as you will see text errors or the alignment will not look right. Never give out your username and password unless you are signing up or logging into a site.
Service Canada’s Commitment To Sin Holders
Service Canada shares with each SIN holder the responsibility of protecting an individual’s SIN from inappropriate use, fraud and theft, and ensuring that his or her information in the Social Insurance Register is accurate and current.
Service Canada and its partners take this responsibility very seriously and have many ways of safeguarding SINs and updating the Register to make it accurate. For example, we:
- restrict access to your SIN and personal information, allowing only those who are officially entitled to have legal access to it and a need to know
- protect personal information in our care from being stolen or seen by anyone who is not entitled to it
- carefully and thoroughly check that the identity of SIN holders and applicants is correct
- maintain the accuracy and completeness of personal information held in the Register
- in cases of suspected identity theft, monitor the client’s SIN file for unauthorized transactions and uses
- educate SIN holders about the proper protection, use and disclosure of the SIN, and provide assistance to all Canadians wanting information about the SIN or government services related to it
For a full description of Service Canada and its partners’ roles and responsibilities related to the SIN, refer to Section 5, Service Canada and its Partners’ Responsibilities.
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Providing A False Social Security Number
People are charged with crimes of providing false Social Security Numbers to:
- open bank accounts,
- apply for bankruptcy, and
- rent and buy vehicles.
But an essential element of these charges is not just the mere use of an incorrect Social Security Number, but proof that there was an intent to defraud to gain a benefit usually money.
Why Do They Want My Social Security Number
Companies use your social security number to get your rating and determine whether you pay your bills. Your social security number also allows the company to keep track of you if you try to skip town without paying your bills.
However, your Social Security number is also valuable to companies that develop marketing lists to sell to other companies. A marketing list that contains customers social security numbers is more valuable, and therefore more expensive, than one without.
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The Ag May Decline To Bring Deportation Proceedings
As a mother of US citizens, normally the Attorney General could decline to bring deportation proceedings, but because she had pled guilty to a crime of moral turpitude, they had to seek to deport her. Under the immigration laws, conviction for a crime of moral turpitude removes any discretion that the Attorney General has, it must commence deportation proceedings.
Choosing A Pennsylvania Disability Lawyer You Can Trust
Of course, finding the disability benefits attorney who is the best fit for you and your case is a complicated topic that well have to reserve for another time. Although you may choose any lawyer to represent your interests when dealing with the Social Security Administration, you would probably prefer to select one with a strong background in Social Security disability claims.
At Schmidt Kramer, we are justifiably proud of our Harrisburg Social Security disability lawyers achievements in successfully resolving clients claims for benefits. We follow all ethical requirements for client advocates in Pennsylvania, including tight security on our clients personal information. Contact us by phone at to schedule a free, confidential consultation or to request a free copy of our client newsletter.
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Here’s Where To Get More Information On Social Security Numbers
Identity Theft: If you think an identity thief is using your SSN to work or to collect benefits, call the Social Security Fraud Hotline at 1-800-269-0271. If you think someone may be using your SSN to work, check your Social Security Personal Earnings and Benefit Statement. You can get a copy by calling 1-800-772-1213, or online at www.ssa.gov/online/ssa-7004.pdf. Also see the Social Security Administration’s booklet “Identity Theft and Your Social Security Number,” at www.ssa.gov/pubs/10064.html.
History of SSNs: For a chronology of the laws relating to SSNs, see www.ssa.gov/history/ssn/ssnchron.html.
What the Numbers Mean: For an explanation of the meaning of the numbers in SSNs and answers to other questions about SSNs, see www.ssa.gov/ssnumber/.
More on Protecting your SSN: “Fact Sheet 10: My Social Security Number: How Secure Is It?” from the Privacy Rights Clearinghouse, at www.privacyrights.org.
Recommended Practices: For recommendations on how organizations can protect privacy in their handling of SSNs, see Recommended Practices for Protecting the Confidentiality of Social Security Numbers on the Business page at www.privacy.ca.gov.