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Friday, June 1, 2018

Robert Jain: How To Keep Your Social Security Number Safe

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.

You should also be mindful of looking over your billing statements to see if there are any irregularities. For instance, if you see a large payment made at a retailer that's in another state, you should be compelled to consult your bank. In fact, many banks have automated alerts set up, meaning that they will be able to reach out to you when such a situation arises. Your bank may also tell you if your social security number was compromised.

Privacy policies should be looked into as well. These are designed to show current and future clients how the information they provide will be used. This includes social security numbers as well, which means that it's all the more worthwhile to ask about how yours will be used. By doing so, you will be able to keep your SSN safe while continuing to use the services that you require, whether they're related to health, employment, or what have you.




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