What info can you get from Social Security numbers?

it's for financial literacy





like, why do employees look at it?


do they like, check your age and stuff?What info can you get from Social Security numbers?
I am not sure why the ';powers that be'; have decided to ask for peoples' SSN's because they are supposed to be a rather private # between the person and the Federal Government. I know you can refuse to give it in other places. As far as what the #'s stand for - I only know the first three #'s indicate the area or state where they were issued.What info can you get from Social Security numbers?
Many employers will get a Social Security number during the application process. They use the SS# to do a background check and to pull a credit report. Banks use SS#'s to pull what is sometimes called a ';Chexsystems report'; Which will say when (year) and where (state) the social security number was issued. So, if the SS# you give them says it was issued in 1970 and you were born in 1980, they will know that there is an issue with either you or the number. This report will also tell the banks if the potential customers has had problems with other banks. With the new CIP laws in effect, banks can turn away potential customers if they refuse to give thier Social Security number.
An employer must have a Social Security Number to report your income and the withholding, FICA (Social Security) and Medicare payments they are making on your behalf. That is the way the government verifies that the information you file on your income tax return is correct. The reported income is eventually used to determine your eligibility for Socia Security benefits.





No one except you can get any Social Security related information about you from the government (not even your family) unless you give permission or (in the case of your family) you are dead.