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You may need to supply some identification documents for your child during the account opening process, such as a social security card or birth certificate. 2. Bank at the branch and online
In 2011, Carnegie Mellon CyLab conducted an analysis and found that out of more than 40,000 American children, 10% had someone else using their Social Security number.
The Old Order Amish have fought to prevent universal Social Security by overturning rules such as a requirement to provide a Social Security number for a hunting license. [17] Social Security cards printed from January 1946 until January 1972 expressly stated that people should not use the number and card for identification. [18]
Cards might also have inactivity fees if not used regularly, fees for customer service access or paper statements, charges for card replacement, and fees for closing the account. Prepaid card fee ...
Almost all parents voluntarily apply for a Social Security number shortly after the birth of a child. In the absence of a national identity card (and concordant national identity number), the Social Security number has become the de facto national identifier for a large variety of purposes, both governmental and non-governmental.
Internal Revenue Code section 6109(d) provides: "The social security account number issued to an individual for purposes of section 205(c)(2)(A) of the Social Security Act [codified as 42 U.S.C. § 405(c)(2)(A)] shall, except as shall otherwise be specified under regulations of the Secretary [of the Treasury or his delegate], be used as the ...
In this case, you obviously don’t have the ability to provide a Social Security number, so you’ll need to provide your ITIN instead if you’re opening a bank account.
For example, the United States developed its Social Security number (SSN) system as a means of organizing disbursing of Social Security benefits. However, due to function creep , the number has become used for other purposes to the point where it is almost essential to have one to, among other things, open a bank account, obtain a credit card ...