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Other Reasons You May Need an SSN
- To open a bank account or other financial account
- To apply for a federal loan
- To apply for unemployment
- As an identifier on tax returns
- To get a drivers license
- To obtain a passport
- When enrolling in Medicare
Group Number
The following group of two digits is the group number. Group numbers range from 01 to 99. They werent necessarily assigned consecutively. Originally, they stood for the 10,000-number groups that each state’s post office received in order to assist with SSN assignment. They came to represent the issuing office.
HOW MUCH IS YOUR SOCIAL SECURITY NUMBER WORTH?
FAQ
What is the value of having a Social Security number?
How much is a Social Security worth?
How do I get money from my Social Security number?
Can you cash out your Social Security?
How much are Social Security benefits worth?
A $1,500 per month, your Social Security benefit is worth hundreds of thousands of dollars at a minimum, and that doesn’t factor in ancillary benefits like spousal benefits or survivor benefits . You might be shocked to learn that it’s not uncommon for benefits to be worth more than a million bucks for a married couple.
How much does a Social Security number cost?
For people with high credit scores, a Social Security number, birth date, and full name can sell for $60 to $80 on the digital black market. It may not sound like much, but for hackers, a good credit score can fetch a nice premium.
How much is a social security annuity worth?
For people born after 1960, the Social Security system boosts benefits by about 7.41% per year between ages 62-70. If you were born before 1960, it’s more generous. In 2018, a price-indexed annuity of $1,125 at age 62 is worth about $291,000. But a $1,993 monthly annuity one had to wait for to collect in 2026 is worth $307,000 today!
How do I Find my Social Security number?
Checking your Social Security card is the fastest way to find your SSN. All Social Security cards have the person’s name and Social Security number printed on the front, even if the person is not allowed to work in the United States. If you were assigned an SSN, you were issued a physical card when the number was assigned to you.