Social Security numbers have a lot of personal information attached to them — and that can easily be used against you if given to the wrong person. That’s why it is essential to understand exactly when you should share your Social Security number with others.

Reasons to Share

There are a few legitimate reasons you may be asked to share this essential information. These instances include:

• When starting a new job; employers need to have the correct Social Security number to ensure they can report accurate earnings.
• Financial institutions will ask for these numbers for tax reporting purposes.
• Landlords will need the information to check credit reports and other information.
• Government agencies, like welfare offices, the department of motor vehicles, or tax agencies, will need this information as well.

Don’t be afraid to ask for disclosure forms. These forms will let you know if providing a Social Security number is essential or optional. Then, you can make a better-informed decision on how to proceed.

Keep Your Information Protected

It is important to remember that Social Security numbers should be protected. To ensure your information stays protected, make sure to

• Keep Social Security cards in a safe place — do not carry them with you.
• Shred any paperwork that has your Social Security number on it.
• Clean out your mailbox; make sure people can’t get your Social Security number by taking your mail.
• Never give out this information over the phone or through email.  

Learn How to Recognize Scams

Oftentimes, scammers will target retirees in hopes of getting their Social Security benefits. There are a few key ways to recognize a scam, including:

• An individual stating there is a problem with your Social Security account or number.
• If you’re being asked to pay a fine or debt, especially if they ask for it to be paid with gift cards, wire transfers, or pre-paid debit cards.
• Any threats of arrest or any other legal action.

Above all else, if you receive a questionable call, text, or email,  hang up/do not respond, and make an official report to the Office of the Inspector General.