My Inlaws keep asking for my baby's social security #. they want it because they have a savings account for her but want to put it in her name and #. she is 3 months old! I think it is rediculoous they'd have to kill me first before i give that out even if they are her grandparents! just wanted to know what u guys think?
2006-06-21 17:27:49 · 30 answers · asked by jkgilbo 3 in Family & Relationships ➔ Friends
Usually grandparents are not crooks. They may be wanting to put the money in an account for her without having to be liable for the taxes on the interest. That's not so odd. My parents have my children's SSN's because they have even purchased them savings bonds which require it. I would be happy that they are helping you save for your child. I would give it over with a huge apology for thinking ill of them...
2006-06-21 17:40:46 · answer #1 · answered by daddysnurse 5 · 0⤊ 0⤋
You are not an indentured servant because of social security - You are an outright slave because of the federal reserve, and social security has nothing to do with it. The way to get out of the system is to seize back the earth, stop paying for it, and abolish the monetary system. I am suspicious of your question because I think you already know the answer but you are trying to craft it in a way that sheds the responsibility of social security while preserving your opportunities to profit from the misfortune and disadvantage of others. You've obviously done some homework... so now it's time to ask yourself a question... Why would I spend the time and effort to gather this information, comprehend the circumstances, and then single out social security as the only target of my complaints? I think you know the answer and you already have enough information to recognize the true depth of the fraud behind the central banking and monetary system but you know when we finally rid ourselves of it, none of us will ever be fabulously wealthy again, and you find that unappealing, so you're fishing for emotional support from the rest of us. Sorry... Homie don't play that game. You've done the homework. You're on the doorstep ringing the bell. Now open the door, finish off the equation and face the truth.
2016-05-20 10:30:46 · answer #2 · answered by Anonymous · 0⤊ 0⤋
You can set up an account for a child without a social security number (or atleast I think you still can) My sister did this with my grandparents and they just put all their names on it and did not have to have my nieces number. But then again that was 15 years ago so call a bank before giving that info out.
2006-06-21 17:31:47 · answer #3 · answered by lvb524 3 · 0⤊ 0⤋
I would check out which bank they are planning on doing that at and go in there personally and talk to someone about it. Find out what info they do need and all the other details. Maybe you can give them the SS# without the grandparents finding out.. Talk it over with your spouse and see what he/she thinks as well. They would know your inlaws a lot better then any of us on here would! =) Good luck and God bless
2006-06-21 17:40:59 · answer #4 · answered by littlebluebear22 2 · 0⤊ 0⤋
No way ! ! !
I am raising my niece, because her mom is deceased. Her maternal grandparents, who are not related to me, had my niece's social security number.
I found out that they used their dead daughter's name and their granddaughter's social security number to open up accounts.
When I try and contact the credit bureaus about it, but the credit bureau's won't give me any information because the accounts are NOT in my niece's name, they're just using her social security number and probably ruining her credit. I found out when I opened her a banking account and the bank told me that someone was using her social security number. They gave me the address and I recognized it as her grandparent's address.
Just because someone is her grandparent, it doesn't mean that they won't use her social security number for their own credit purposes.
Do you think they might want to claim her as a tax dependent?
2006-06-21 17:37:33 · answer #5 · answered by Jennyee 2 · 0⤊ 0⤋
it is only natural that you feel that way. specially when every other day their is some kind of breaking news on the t.v. about identity theft from adults to newborns done by unknown people and even by their own family. However it is not unlikely for grandparent to want to set up some kind of trust fund for their grand children. i only wish they would have done that for me but that's another story.OK here is what i would do if i were in your shoes. i would go with my in laws to set it up, or trust them with it after consulting with my spouse. i would also thank them for their wonderful gesture God knows college is expensive. there is not a better feeling to have when knowing my child's financial future is secured. so make it an all day event with the in laws. and rest assure that their is a way you can find out if the information you have in trusted your in laws with could easily be monitored and find out if is being missed used, simply by conducting an annually or quarterly credit report on you and your child's info. and if it is i would quickly notify the authorities. opportunity knocking hello. good luck
2006-06-21 18:27:35 · answer #6 · answered by cookiemonsta 2 · 0⤊ 0⤋
I would be careful with that information but only you know whether or not to trust them with that or not. Naturally I would say it is safe to do but you never know in this day and time people are so scandolous. Possibly you can go and establish that account with them and you could supply the bank with that info yourself. If not you could possibly suggest a savings bond it would probally grow more interest that a savings account anyway. Hope I could help.
2006-06-21 17:34:48 · answer #7 · answered by Mstoria 3 · 0⤊ 0⤋
The answer is no, no, and no. The police will tell you not to give it out to family, friends, no one. Perhaps they can be trusted, but if another party just happened to run across it, that information is devastating.
The fastest growing ID fraud is small children. They haven't got the means to fight for their rights. And it will ruin their credit history for their future. It's a major issue in the legal system right now and it's suggested that new laws will have to be passed for stiffer penalties.
2006-06-21 17:34:27 · answer #8 · answered by Anonymous · 0⤊ 0⤋
I think it is a little weird. I would tell them that if they want to put it in her name, you would be there to sign the SS#. That's a little creepy they are so obsessive. Sadly, there are a lot of people that would steal IDs from kids because they have not estabolished credit and it would not be noticed until years later. Not saying they would do this, but it sends off a few alarms in my head.
2006-06-21 17:32:14 · answer #9 · answered by Sakura 2 · 0⤊ 0⤋
Well look at it this way, they are giving you child a savings account with money in it! They are just trying to be great grandparents and you are holding them back from this!! It's not like they are going to go put a credit card in her name or steal her idenity
2006-06-21 17:31:35 · answer #10 · answered by Anonymous · 0⤊ 0⤋