Are you looking to apply for social security card online? Before you even celebrate about getting your social security card, you have to know more about its importance and its role that it is going to play in the coming years of your life.
The social security number will allow the government to track your lifetime income. This means that taxation can be more efficient with the IRS. It is also possible to know your eligibility for social security disability income once you decide to retire.
It is also possible to know more about your credit rating if you have your social security number. This means that you will be able to get a loan based on what is reflected in your social security number.
What is a good measure if you wish to protect your social security card? According to experts, it starts by knowing exactly when to use the social security card. You don’t want to use the social security card as your primary identification card. Unfortunately, a lot of individuals are doing this until today. These are the times when someone can easily write down your social security number and use it for whatever purpose they want. It is even possible to sell it to people who are looking to work in the US.
What could happen if you are a victim of identity theft?
There are repercussions if you’ve become a victim of identity theft. One, it is possible that you could have problems with your tax. This means that you will have the IRS looking at your income and asking why you are not paying the right amount of tax that should correspond with your income. Next, it is also possible that someone can gain access to your bank account. This can be a very problematic scenario considering how someone can make a loan or purchase something without your knowledge.
If you lost your social security card, it is always a good idea that you monitor these things. You should also request for the credit report.
Getting a replacement
Getting a replacement for the social security card is the easy part. In fact, you can have a replacement for as many as three times in one year. You can even get it replaced for free for ten times for your lifetime.
However, keep in mind that if you’ve become a victim of identity theft, it may not solve the problem completely. You will have to make sure that you record everything. Be sure that you also report it to authorities. This will ensure that they will take action and help you.
The last scenario is that you have no other choice but to request for a new social security number. In this situation, you will have to restart again. You will have to start from scratch which can be stressful for a lot of people especially if your SSN has been stolen a bit too late in the game. As much as possible, you still want to exhaust all means of catching the person using the social security number.