Friday 25 May 2018

Social Security Number Protection Tips By Robert Jain

By Jason McDonald


Your social security number is nothing short of important. It is unique to you and, more importantly, helps to identify you for reasons related to insurance and employment. Needless to say, keeping your SSN protected is important. Robert Jain and other names in the world of finance can agree. For those that are concerned about the safety of their numbers, here are a few tips that will prove to be useful.

According to reputable authorities on finance like Bob Jain, you can protect your social security number by keeping it to yourself. This may be a given, but you'd be surprised by the number of people that provide this information to relatives and close friends. While you may trust them, there's no such thing as being too careful with finances. Keep your SSN secret and you won't have to worry about it falling into the wrong hands.

Did you know that there are businesses may not require your social security number at all? In fact, you may be able to benefit from the services they provide without having to give out your SSN. This is common among those that keep their information close to the vest, but understand that there are many other businesses that require such information, no exceptions. Know when to leverage this so that you can both protect your information and receive the services you need.

Another way to keep your social security number safe is to monitor your billing statements. For example, if you look at one of your statements and see a payment that you don't remember making, it's in your best interest to contact your bank. By doing so, you'll be able to see if this was an instance of irregular activity that could have been tied to your SSN. Don't hesitate to contact your bank in this instance, as it will provide the help you need.

Finally, you should ask about privacy policies. For instance, if you go to the doctor and fill out a form that requires your social security number, ask about their policy. Inquire about why the information is required and how it will be used. Having such information at your disposal will make you more inclined to provide it in the future. More importantly, it will allow you to keep your SSN more secure.




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