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However many people are not comfortable with handing over this valuable asset. The Social Security Administration (SSA) has become aware of this growing concern through the years, but unfortunlly there is no law prohibiting their use by business and government. Banks and other financial institutions use this number to report interest earned on accounts to the IRS. Other government agencies use these numbers in computer matching operations to stop fraud and abuse.
Although you can’t prevent others from asking for the number, it does not give the use the right to access you Social Security records...
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