For those who are US citizens, you have to understand that you should be protecting your Social Security Number at all times. Your social security number is unique. And though you sometimes forget its importance, this is something that you should always protect.
Each person who is a citizen in the US is given a social security number for a number of purposes. One, it is used in order to track down your income. The IRS is also taking a closer look at your data via your SSN in order to know if you are actually paying the right tax.
Now, it can get tricky from here. There are those people who are going to the US as undocumented migrants who get their SSN from different sources. This way, they can be accepted for work and they can open a bank account.
Now, there are a number of ways how you can be in danger from identity theft. If you are using your SSN card as your primary ID, then you are putting yourself at risk. What you want to do instead is to make sure that you are not going to show your SSN to anyone. If you are asked to show an identification card, then might as well show other IDs.
What to do when you lose your SSN card?
A lot of times, people are concerned that they have lost their SSN card. Now, you have to replace the card. You are allowed to have a replacement of up to 3 times per year with a limit of 10 in your entire lifetime. Now, once you have your new card, you have to pay attention to your accounts. You need to make sure that you are going to ensure that SSN doesn’t get stolen. If you are noticing abnormal fluctuations in the numbers that you see, then it might be a good idea that you report it to the authorities immediately.
You also want to make sure that you check your bank account and your credit card if someone is using it. There are instances when they get access to a number of your accounts because they already have your SSN card. You might be surprised you are already having problems with the IRS because you are earning more than what you should be on paper.
In these situations, there is a chance that you might need to have a new SSN. Getting a new SSN is tricky. Though it isn’t given to everyone, if there is a case of identity theft, then they can give you a new one.
Getting a new social security number can be problematic because you can’t get a loan that easy as well. That is just a reality that you will have to face. However, you need to be extra careful when it comes to keeping your SSN data safe. You should be the only one who knows your SSN. In addition to this, always remember to have it safe in your house. This way, it doesn’t get lost in case you lose your wallet. These preventive measures can prevent problems.