When Should I Give Out My Child’s Social Security Number?

Children are enticing targets for identity thieves, thanks to their clean credit histories, and because parents rarely check their children’s credit reports. There are some situations in which a parent is required to disclose a child’s social security number, such as claiming the child as a dependent on a tax return or applying for medical benefits or government services. There are other situations, however, in which a parent should be careful about giving out his or her child’s social security number, for example enrolling a child in school.

Key Takeaways:

  • Children have a clean slate to start with and this is attractive to thieves who would want to use the social security number to open multiple lines of credit.
  • An event where parents can reveal their child’s social security number are when they want to open a bank account for them.
  • According to Experian, if you are being asked to provide your child’s SSN and you are unsure of the reason, ask the source why you have to do so.

“Having a child might mean that you’ll be asked to fill out numerous registration and signup forms as they grow up — some that may ask you to provide your child’s Social Security number (SSN).”

Read more: https://blog.allstate.com/child-social-security-number/

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